R Vijay Anandh CEO appointment update: Learn about City Union Bank’s new leadership, RBI approval, and key facts important for competitive exam preparation. 🏦 R Vijay Anandh Named CEO of City Union Bank: A Major Banking Leadership Update The Reserve Bank of India (RBI) has officially approved the appointment of R Vijay Anandh as the…
RBI compounding fee on One97 Communications FEMA violation explained in simple terms for competitive exams, covering RBI actions, FEMA rules, and key exam facts. RBI Imposes ₹18.76 Lakh Compounding Fee on One 97 Communications for FEMA Violations Introduction: RBI’s Action Against One97 Communications In February 2026, the Reserve Bank of India (RBI) imposed a compounding…
RBI approves YES Bank CEO appointment as Vinay Muralidhar Tonse becomes new MD & CEO. Read exam-focused current affairs, background, and key facts. RBI Approves Vinay Muralidhar Tonse as the New MD & CEO of YES Bank The Reserve Bank of India (RBI) has officially approved the appointment of Vinay Muralidhar Tonse as the Managing…
RBI HaRBInger 2025 Global Hackathon promotes secure banking innovation powered by identity, integrity and inclusivity. Learn about its theme, rewards, and key takeaways for banking and civil services exams. RBI Launches Global Hackathon “HaRBInger 2025 – Innovation for Transformation” A push for secure, inclusive banking through technology The Reserve Bank of India (RBI) has announced…
RBI cancels NBFC licence of Datta Finance and Trading Pvt Ltd for violating outsourcing guidelines in digital lending. Learn about RBI regulations, consumer protection, and NBFC compliance issues. RBI Cancels NBFC Licence of Datta Finance and Trading Pvt Ltd Introduction: RBI’s Action Against Datta Finance and Trading Pvt Ltd On September 22, 2025, the Reserve…
RBI Executive Director 2025 news: Kesavan Ramachandran appointed to lead Prudential Regulation Division. Read about his career, responsibilities & key facts for competitive exams. Kesavan Ramachandran Appointed as RBI’s New Executive Director Introduction On July 1, 2025, the Reserve Bank of India (RBI) appointed Shri Kesavan Ramachandran as Executive Director (ED), marking a significant internal…
RBI call money market timings revised: From July 1, 2025, call money and repo markets get extended hours to enhance liquidity management and reduce SDF dependence. Know all changes for competitive exam prep. 🏦 RBI Extends Trading Hours for Call Money, Repo & Tri-party Repo Markets Extended Call Money Trading Hours The Reserve Bank of…
RBI Imposes Business Restrictions on Edelweiss Group Overview of RBI’s Action The Reserve Bank of India (RBI) has imposed significant business restrictions on Edelweiss Group’s lending and asset reconstruction entities. This move aims to address concerns related to loan manipulation and structured transactions that allegedly circumvented regulatory norms. Edelweiss Asset Reconstruction Company Ltd (EARCL) and…
RBI Announces SAARC Currency Swap Framework for 2024-27 The Reserve Bank of India (RBI) has unveiled a new currency swap framework aimed at bolstering financial stability among South Asian Association for Regional Cooperation (SAARC) nations from 2024 to 2027. This initiative marks a significant step towards enhancing regional economic cooperation and resilience against financial shocks….
RBI Eases LRS Norms for Investment via Gift IFSC The Reserve Bank of India (RBI) has recently announced a significant relaxation in the Liberalised Remittance Scheme (LRS) norms, specifically targeting investments through the Gift City International Financial Services Centre (IFSC). This move is aimed at boosting foreign investments into India through the Gujarat-based financial hub….
