Banking

RBI Raises Gold Loan LTV Ratio to 85% for Loans Below ₹2.5 Lakh

The Reserve Bank of India (RBI) has announced a major revision in its gold loan norms by increasing the loan-to-value (LTV) ratio for loans up to ₹2.5 lakh to 85%, effective from April 1, 2026. This decision follows extensive consultations...

RBI Premieres 5-Part Docuseries ‘Unlocked: Beyond the Rupee’ to Demystify India’s Central Bank

On June 3, 2025, the Reserve Bank of India (RBI) launched a five-part documentary series titled ‘RBI Unlocked: Beyond the Rupee’, in collaboration with Jio Hotstar. Produced by Chalkboard Entertainment, the series offers an unprecedented look into the RBI's 90-year...

Canara Bank Removes Minimum Balance Rule for All SB Accounts

In a major move aimed at promoting financial inclusion and customer convenience, Canara Bank has waived the minimum balance requirement across all its savings bank (SB) accounts, including regular savings, salary, and NRI accounts. This decision eliminates Average Monthly Balance...

RBI Announce 55th Monetary Policy Committee Meeting (June 2025)

The Reserve Bank of India (RBI) convened its 55th Monetary Policy Committee (MPC) meeting from June 4 to 6, 2025, under the chairmanship of Governor Shri Sanjay Malhotra. This meeting was of significant importance as it came amid a changing...

Why is the RBI changing gold loan rules?

On April 9, 2025, the Reserve Bank of India (RBI) released draft guidelines on loans against gold collateral, seeking to harmonise lending practices across banks and Non-Banking Financial Companies (NBFCs). The move comes in response to inconsistencies in lending norms...

RBI Imposes ₹54.78 Crore Penalty on 353 Regulated Entities in FY25

In a robust move to enforce regulatory compliance, the Reserve Bank of India (RBI) imposed 353 penalties worth ₹54.78 crore on various regulated entities (REs) during the financial year 2024–25. The enforcement actions targeted non-compliance with statutory provisions and RBI’s...

Deutsche Bank Appoints Stefan Schaffer as CEO of India GCC

In a strategic move to bolster its technological and operational capabilities in India, Deutsche Bank has appointed Stefan Schaffer as the new CEO of its India Global Capability Centre (GCC). Schaffer will also take on dual roles as the Global...

RBI Grants In-Principle Approval to PayPal and Worldline for Cross-Border Payment Aggregation

In a major development for India’s fintech and digital payments landscape, the Reserve Bank of India (RBI) has granted in-principle approval to PayPal Payments and Worldline ePayments India to operate as cross-border payment aggregators (PAs) under the Payment and Settlement...

RBI to Review Monetary Policy Framework Amid Changing Inflation Dynamics

The Reserve Bank of India (RBI) has announced that it will undertake a review of the monetary policy framework during the financial year 2025-26, alongside evaluating the optimal liquidity level needed to ensure effective monetary policy transmission. This forms part...

RBI to Strengthen Bank Liquidity Stress Tests with New Cash Flow Analysis Framework

The Reserve Bank of India (RBI), in a proactive move to enhance financial system resilience, has announced plans to strengthen the liquidity stress testing framework for Scheduled Commercial Banks (SCBs). The apex bank will develop a cash flow analysis-based process...