New Delhi, Jun 27 (KNN) The Reserve Bank of India (RBI) on Thursday issued the Master Direction — Reserve Bank of India (Credit Derivatives) Directions, 2026, expanding the country’s credit derivatives market beyond single-name credit default swaps (CDS) to include total return swaps (TRS) on corporate bonds, exchange-traded CDS onContinue Reading
Mumbai, Jul 21 (KNN) Reserve Bank of India (RBI) Deputy Governor Swaminathan J has called on regulated entities to strengthen their Internal Ombudsman mechanisms to ensure customer grievances are resolved fairly, independently and within institutions. Addressing the Internal Ombudsman Conference organised by the RBI in Mumbai, he said a significantContinue Reading
New Delhi, Jul 31 (KNN) India Post Payments Bank (IPPB) has made its Self Help Group (SHG) Savings Account facility available across the country through more than 1.64 lakh post offices, the government informed the Rajya Sabha. Minister of State for Communications and Rural Development Pemmasani Chandra Sekhar said theContinue Reading
New Delhi, Apr 17 (KNN) The Reserve Bank of India (RBI) has issued the Non-Banking Financial Companies – Branch Authorisation (Amendment) Directions, 2026, introducing changes to norms governing branch expansion by non-banking financial companies (NBFCs). Issued on Wednesday, the revised framework incorporates stakeholder feedback on draft guidelines released earlier thisContinue Reading
New Delhi, May 4 (KNN) The Asian Development Bank (ADB) over the weekend launched a new financing facility aimed at strengthening critical minerals supply chains across Asia and the Pacific. The initiative is designed to support sectors such as clean energy, batteries, electric vehicles, and digital technologies. Speaking at theContinue Reading
New Delhi, May 23 (KNN) India is better positioned to manage retail inflation compared to other top-10 global economies, according to an analysis released by industry body ASSOCHAM on Friday, even as the ongoing conflict in West Asia continues to generate uncertainty around energy prices and supply chains. India’s headlineContinue Reading
New Delhi, Jun 20 (KNN) The Reserve Bank of India (RBI) on Friday issued final guidelines for the Lead Bank Scheme (LBS) after incorporating public feedback. The revised framework aims to strengthen district-level banking coordination, enhance accountability, and formalise credit planning at the block level, with the broader objective ofContinue Reading
