Bank

The RBI board has approved to grant the government a dividend of Rs 2.87 lakh crore from the bank.

A 5 billion USD/INR swap auction is planned by the Central Bank on May 26.

RBI has cancelled the registration of over 150 NBFCs. RBI has stated in a press release. These companies would no longer operate as NBFCs.

SBI has made an important announcement as the bank is to consider a whopping 2 billion US dollars overseas currency bond issuance.

The government appoints Rohit Jain as the RBI's deputy governor for a three year term.

RBI governor Sanjay Malhotra recently said in an event that India is showing resilience amid global uncertainty.

With 50,552 candidates employed, PSU banks increased their hiring by 33% in FY26.

The Paytm Payments Bank's banking license has been revoked by the Reserve Bank of India for the reasons listed below.

RBI has cancelled Shirpur Merchants Co-operative Bank's license, according to the reports. The license cancellation is due to inadequate capital, as the reports say.

The RBI proposed new forex norms which are easier and offer flexibility to the authorized dealers.

The banking system liquidity will be boosted by the RBI by more than Rs. 2 lakh crore.

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