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RBI governor Malhotra urges banks to collaborate to curb rising digital frauds

MUMBAI, Jan. 9 -- Banks, non-bank financiers, and other entities regulated by the Reserve Bank of India (RBI) should work together to counter the growing threat of digital fraud, governor Sanjay Malho... Read More


Bank of Baroda eyes prepaid card base of 1 million in 5 years, seeks external assistance

Mumbai, Jan. 7 -- Bank of Baroda, India's second-largest public sector lender, aims to double its base of prepaid cards over the next five years, according to a document reviewed by Mint. The lender,... Read More


Related party rules: RBI accepts some industry suggestions, rejects others

Mumbai, Jan. 5 -- The Reserve Bank of India (RBI) on Monday made changes to its October proposals on related party transactions of banks and non-bank financiers, accepting a clutch of suggestions from... Read More


RBI cautions against risks to economy even as fundamentals remain strong

Mumbai, Dec. 31 -- Although the Indian economy remains resilient, with strong growth momentum, the Reserve Bank of India (RBI) on Wednesday flagged a cluster of risks that could disrupt financial stab... Read More


RBI governor urges balancing regulatory prudence with fostering innovation

Mumbai, Dec. 31 -- Reserve Bank of India (RBI) governor Sanjay Malhotra on Wednesday called for balancing pragmatic regulation and supervision with fostering innovation, growth and consumer protection... Read More


RBI cracked the whip on banks in 2025-just not as hard

New Delhi, Dec. 30 -- The Reserve Bank of India (RBI) levied smaller penalties on banks in 2025, with the median fine on lenders almost half of the amount in the past two years, a Mint analysis found.... Read More


Competition from equity markets and technology will keep banks on their toes: RBI

Mumbai, Dec. 29 -- The Reserve Bank of India (RBI) said on Monday that banks will continue to face competition from non-bank sources in lending to companies, while fast-changing technology could chang... Read More