S Krishnan appointed as Chairman of J&K Bank; RBI approves tenure from 13 Nov 2025 to 26 Mar 2028. Key focus: governance, digital banking, and regional financial inclusion. RBI Approves Appointment of S Krishnan as Chairman of J&K Bank Article Appointment of Veteran Banker at a Strategic StageThe Reserve Bank of India (RBI) has officially approved the appointment…
RBI approval of C S Rajan’s reappointment as Part-Time Chairman of Kotak Mahindra Bank till 2027 marks a key step in banking governance and leadership stability. Learn details of tenure, background, and regulatory insights for exams. Reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Leadership Continuity at a Key Private Bank…
PhonePe RBI approval news: PhonePe receives final authorization to operate as an online payment aggregator, enhancing digital payments and financial inclusion in India for SMEs in 2025. PhonePe Receives Final RBI Approval to Operate as Online Payment Aggregator Introduction In a significant development for India’s digital payments landscape, PhonePe, the fintech company backed by Walmart,…
R. Gandhi reappointed as Yes Bank Chairman by RBI for 2025-2027. Learn about his experience, RBI oversight, and significance for banking and civil service exams. RBI Clears R Gandhi’s Reappointment as Yes Bank Chairman The Reserve Bank of India (RBI) has granted approval for the reappointment of Rama Subramaniam Gandhi—commonly known as R. Gandhi—as the…
J&K Bank chairman appointment – S. Krishnan has been named as the new non-executive chairman of Jammu & Kashmir Bank till March 2028, pending RBI approval. Learn about his career, qualifications, and significance for competitive exams. S. Krishnan Appointed Non-Executive Chairman of J&K Bank Introduction to the AppointmentIn a key leadership move aimed at strengthening…
AU Small Finance Bank universal license news: RBI approves AU SFB as India’s first small finance bank to become a universal bank, expanding its services and market reach. AU Small Finance Bank Gets RBI Nod for Universal Bank Status: A Landmark Achievement RBI Grants Universal Bank License to AU Small Finance Bank The Reserve Bank…
IndusInd Bank New CEO 2025: Rajiv Anand appointed as MD & CEO effective August 25 following RBI approval. Learn about his background, the ₹2,000 crore forex crisis, and key challenges ahead for the private lender. IndusInd Bank Appoints Rajiv Anand as New Managing Director & CEO IndusInd Bank has officially appointed Rajiv Anand as its…
Jio Payments Bank acquisition finalized as Jio Financial becomes the sole owner by purchasing SBI’s 17.8% stake, marking a major move in India’s digital banking sector. Jio Financial Becomes Sole Owner of Jio Payments Bank Acquisition Details and Strategic Implications On June 18, 2025, Jio Financial Services Ltd. (JFSL) acquired the remaining 17.8% stake in…
Flipkart Secures NBFC Licence from RBI: A Strategic Move into Direct Lending Introduction: Flipkart’s Entry into Direct Lending Walmart-owned Flipkart has received approval from the Reserve Bank of India (RBI) to operate as a Non-Banking Financial Company (NBFC). This development allows Flipkart to offer loans directly to customers and sellers on its platform, marking a…
RBI Approves Temasek Unit’s Stake Hike in AU Small Finance Bank Introduction to the News The Reserve Bank of India (RBI) has approved the proposal for Temasek Holdings, a Singapore-based investment firm, to increase its stake in AU Small Finance Bank. Temasek, through its subsidiary, has sought to raise its stake from the existing 15%…
