March 30, 2026
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RBI news

RBI Executive Director appointment

RBI Appoints P. Vasudevan as New Executive Director:

Daily Current Affairs04 mins

RBI Appoints P. Vasudevan as New Executive Director In a recent development, the Reserve Bank of India (RBI) has appointed P. Vasudevan as its new Executive Director. This significant move comes as part of the central bank’s efforts to strengthen its leadership team and ensure smooth functioning in the ever-evolving financial landscape. With his extensive…

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Mahalaxmi Cooperative Bank permit cancellation

RBI Grants Non-Banking Institution License to Mahalaxmi Cooperative Bank: Importance of Financial Stability and Regulatory Compliance

Daily Current Affairs04 mins

RBI Grants Non-Banking Institution License to Mahalaxmi Cooperative Bank, Cancels Banking Permit The Reserve Bank of India (RBI) recently made a significant decision regarding Mahalaxmi Cooperative Bank. In a move to address the bank’s financial stability and ensure the smooth functioning of the cooperative banking sector, the RBI granted a non-banking institution license to Mahalaxmi…

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