RBI forex risk rules are set to change from April 2027. Learn about banks’ net open positions, capital charges, and Basel-aligned reforms for exam preparation. RBI Proposes Changes to Banks’ Forex Position Rules – Comprehensive Analysis for Exam Preparation Introduction: RBI’s Proposal to Revise Forex Position Rules The Reserve Bank of India (RBI) has introduced…
RBI Transaction Account Guidelines 2025: Learn about new rules for current, overdraft, and collection accounts, minimum credit exposure limits, and cash credit reforms for businesses. RBI Issues New Guidelines on Transaction Accounts Across Regulated Entities The Reserve Bank of India (RBI) has introduced comprehensive revised guidelines governing the opening, operation, and maintenance of transaction accounts…
RBI Banking Sector Reforms 2025: Explore the four major reforms, including risk-based deposit insurance, ECL provisioning, Basel III updates, and expanded market lending. Essential for government exam preparation. RBI Unveils Four Major Banking Sector Reforms Introduction to RBI’s Recent Reforms On October 7, 2025, the Reserve Bank of India (RBI) announced four significant reforms aimed…
RBI ethical AI framework introduced in 2025 ensures transparency, accountability, and risk management in Indian financial sector AI systems. Learn key points for exams. RBI’s FREE-AI Framework: Pioneering Ethical AI in India’s Financial Sector Introduction to RBI’s FREE-AI Framework The Reserve Bank of India (RBI) has introduced the FREE-AI Framework, a pioneering initiative aimed at…
RBI AePS new rules 2026 will enforce stricter KYC, real-time fraud monitoring, and one operator–one bank policy from January 1. Read full details for competitive exam preparation. RBI Tightens AePS Rules to Combat Fraud From January 2026 Strengthening the AePS Framework The Reserve Bank of India (RBI) issued a directive on June 27, 2025, introducing…
RBI KYC update 2025 simplifies the process by allowing video-based KYC and Business Correspondents to assist customers. Learn the full policy and key benefits for banking and exam prep. Simplified KYC Process Makes Banking More Accessible On June 12, 2025, the Reserve Bank of India (RBI) relaxed its Know Your Customer (KYC) rules, allowing customers…
Introduction: A Major Setback for IndusInd Bank On April 29, 2025, Sumant Kathpalia, the CEO and Managing Director of IndusInd Bank, resigned following a significant accounting discrepancy in the bank’s derivatives portfolio. The lapse, which surfaced in March 2025, is estimated to have impacted the bank’s financial standing by approximately ₹2,000 crore. Kathpalia’s resignation underscores…
RBI Penalizes Three Financial Institutions for Non-Compliance The Reserve Bank of India (RBI) has imposed monetary penalties on Citibank N.A., Asirvad Micro Finance Ltd., and JM Financial Products Ltd. for failing to comply with regulatory guidelines. The central bank took action after identifying lapses in their operations, violating specific provisions of the Banking Regulation Act,…
RBI Clears Kotak Mahindra Bank’s Digital Onboarding Ban – A Game-Changer for Banking Sector Introduction to the News The Reserve Bank of India (RBI) has officially lifted the ban on Kotak Mahindra Bank’s digital onboarding process. The ban was imposed in 2022 due to concerns over certain regulatory issues with the bank’s procedures for onboarding…
RBI Fines Federal Bank and Karur Vysya Bank for Rule Violations: A Comprehensive Overview The Reserve Bank of India (RBI) has imposed significant penalties on two prominent banks, Federal Bank and Karur Vysya Bank, for violations of regulatory norms. This move reflects RBI’s continued efforts to ensure that financial institutions operate with transparency and adhere…
