RBI Announces NBFCs in Upper Layer for 2026-27
RBI releases list of Non-Banking Financial Companies classified in the Upper Layer under new Scale Based Regulation for 2026-27.
Finance News
RBI Imposes ₹40,000 Penalty on Kedarnath Urban Co-operative Bank
RBI penalizes Kedarnath Urban Co-operative Bank, Latur, for KYC non-compliance and operational violations.
RBI Reports Significant Growth in Bank Credit as of June 2026
The RBI’s latest report highlights a 16.5% annual growth in bank credit, driven by various sectors and demographics.
RBI Imposes ₹2.03 Lakh Penalty on Jai Bhawani Sahakari Bank, Pune
The RBI has fined Jai Bhawani Sahakari Bank for non-compliance with KYC and credit reporting regulations.
RBI Proposes Revised Guidelines for Concentration Risk in Rural Banks
RBI issues draft directions to manage concentration risk in rural co-operative banks, inviting public feedback by August 28, 2026.
RBI Maintains Repo Rate Amid Inflation Concerns
RBI keeps repo rate steady, signalling a cautious approach in light of inflation and market conditions.
Indian Markets Close Higher Amid Earnings Focus on August 5, 2026
Sensex rises by 152 points while Nifty surpasses 24,600 amidst stock-specific movements.
RBI Resumes Licensing of Urban Co-operative Banks and Updates Regulations
RBI announces new guidelines for Urban Co-operative Banks and reviews lending regulations for Rural Co-operative Banks.
CREDAI and NAREDCO Support RBI’s Repo Rate Decision
CREDAI and NAREDCO commend the RBI for maintaining the repo rate, expecting it to stabilize home loans and boost housing demand.
Indian Bonds Soar as RBI Holds Rates Steady Amid Falling Oil Prices
Indian government bonds gain as RBI maintains repo rate and oil prices decline, easing inflation concerns and encouraging capital inflows.