RBI Governor Sanjay Malhotra expressed concerns over the rise in customer complaints and urged bank and NBFC management to ...

Life Insurance Corporation of India (LIC) is in discussions with the Reserve Bank of India (RBI) to introduce ultra-long-term ...

Even as AI plays a pivotal role, Malhotra emphasised that customer service is ultimately a human-driven function. He urged financial institutions to invest in training staff on the behavioural aspects ...

The Nifty and Sensex indices have crashed around 14 per cent from their record highs, while the Nifty Bank is down 11 per ...

Short-term borrowing costs for Indian lenders are expected to decrease next month due to the central bank's liquidity ...

Bringing in an industry perspective, the government has included fintech leaders from companies like Billdesk, Acko General ...

The RBI has advised depositors and investors not to react to unverified reports regarding IndusInd Bank and instead trust official statements and regulatory updates.

This move comes as the bank seeks to strengthen its funding position following the revelation of a Rs20bn accounting discrepancy in its derivatives book.

In response to the rising grievances, RBI Governor Sanjay Malhotra has urged banks to enhance their internal grievance ...

Reserve Bank of India and Bank of Mauritius sign MoU to promote the use of Indian Rupee and Mauritian Rupee for cross-border transactions, aiming to optimize costs and settlement time.

LIC in talks with RBI for 50-year and 100-year bonds to meet long-term obligations, CEO Siddhartha Mohanty confirms.

The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies, viz., the Indian Rupee ...