Category: Banking
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Public Sector Banks Regain Dominance in India’s Home Loan Market
The Indian home loan sector has witnessed a notable shift in recent years, with Public Sector Banks (PSBs) reclaiming their leadership position in both loan originations and portfolio growth. Backed by competitive pricing, improved asset quality, and widespread outreach, PSBs have emerged as the preferred choice for home loan borrowers in FY25. 📊 Market Share…
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Who’s Kesavan Ramachandran,the RBI’s New Executive Director!?
The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as its new Executive Director (ED), effective July 1, 2025. With over three decades of diverse experience within the central bank, Ramachandran now takes charge of the Prudential Regulation Division under the Department of Regulation, a critical function that governs the financial health and risk…
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RBI May Issue New Bank Licences After Nearly a Decade, Big Reforms Underway
India could soon witness a fresh wave of banking reforms, as the Finance Ministry and the Reserve Bank of India (RBI) discuss ways to expand and strengthen the sector in line with the country’s long-term growth goals. According to Bloomberg, early-stage talks are ongoing to allow more players into the banking system. Although no final…
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RBI Imposes ₹4.88 Lakh Penalty on HDFC Bank for FEMA Violation
The Reserve Bank of India (RBI) has imposed a monetary penalty of ₹4.88 lakh on HDFC Bank Ltd. for violating the provisions of the Foreign Exchange Management Act (FEMA), 1999. This action has been taken under the powers conferred to the RBI by Section 11(3) of FEMA, 1999, citing non-compliance with the Master Direction –…
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🏦 Important Banking Update for Bankers : Key Decisions from Conciliation Meeting Held on 17th June 2025
📅 Date of Update: June 17, 2025🗂️ Source: Ministry of Labour & Employment – Office of Chief Labour Commissioner (C)📝 F. No. 21(17)/2025-IR The Ministry of Labour & Employment, under the Office of the Chief Labour Commissioner (Central), held a key conciliation meeting on June 17, 2025 (F. No. 21(17)/2025-IR) to address several unresolved issues…
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Why NPS is a Smart Investment for Your Retirement
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. s life expectancy rises and the cost of living increases, planning for retirement has never been more important. One…