RBI approves Sanjay Agarwal’s 3-year extension as MD & CEO of AU Small Finance Bank. Key update on leadership continuity, bank governance, and financial inclusion in India. RBI Approves 3‑Year Extension for Sanjay Agarwal as MD & CEO of AU Small Finance Bank Leadership Continuity at AU Small Finance Bank The Reserve Bank of India…
RBI approval of Kaizad Bharucha’s reappointment as Whole-Time Director and Deputy Managing Director of HDFC Bank ensures governance stability and leadership continuity in 2026. RBI Approves Reappointment of Kaizad Bharucha as Whole‑Time Director of HDFC Bank Overview of the Development The Reserve Bank of India (RBI) has approved the reappointment of Kaizad Bharucha as Whole‑Time…
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,…
Rajat Verma Appointed CEO of DBS Bank India Introduction to the Appointment of Rajat Verma Rajat Verma has been appointed as the new Chief Executive Officer (CEO) of DBS Bank India, a prominent player in the Indian banking sector. This strategic move by the bank is expected to strengthen its position in India’s rapidly growing…
SBI Bolsters Presence in GIFT City with Acquisition of Stake in CCIL IFSC SBI’s Strategic Move to Strengthen Its Position in GIFT City The State Bank of India (SBI) has made a significant strategic move by acquiring a stake in the Clearing Corporation of India Limited International Financial Services Centre (CCIL IFSC). This acquisition is…
