March 24, 2026 4:39 PM

RBI, IRDAI and SEBI step up efforts to help citizens reclaim unclaimed financial assets

India’s top financial regulators - Reserve Bank of India (RBI), Insurance Regulatory and Development Authority of India (IRDAI), and Securities and Exchange Board of India (SEBI) - have intensified efforts to help citizens recover unclaimed deposits and investments through simplified procedures, digital platforms, and regulatory reforms. To boost public awareness and facilitate claims, the Department of Financial Services conducted a nationwide campaign titled “आपकी पँजूी,...

March 20, 2026 6:05 PM

RBI board clears 2026–27 budget, approves Utkarsh 3.0 strategy framework

The Central Board of Directors of the Reserve Bank of India (RBI) has approved the Bank’s budget for the financial year 2026–27, along with its Medium-Term Strategy Framework, Utkarsh 3.0, which will guide policy priorities from 2026 to 2029. The decision was taken at the 622nd meeting of the Central Board held in Patna under the chairmanship of RBI Governor Sanjay Malhotra. According to an official statement, the Board reviewed the evolving global and domestic economic situation, includin...

March 17, 2026 6:39 PM

Centre, RBI step up action against unauthorised digital lending apps

The Government and the Reserve Bank of India (RBI) have strengthened regulatory and enforcement measures to curb fraudulent loan applications and enhance consumer protection in the digital lending ecosystem. According to information shared in the Rajya Sabha by Minister of State for Finance Pankaj Chaudhary, the RBI had earlier constituted a Working Group on Digital Lending, covering loans extended through online platforms and mobile applications. Based on its recommendations, the central bank ...

February 20, 2026 5:53 PM

India’s forex surges by $8.663 billion to reach all-time high of $725.727 billion

India's foreign exchange reserves increased by $8.663 billion to an all-time high of $725.727 billion in the week ended February 13, according to data released by the Reserve Bank of India (RBI) on Friday. Foreign exchange reserves had declined by $6.711 billion in the previous week due to a fall in gold prices. According to RBI data, the value of gold reserves, a key component of foreign exchange reserves, increased by $4.990 billion to $128.466 billion in the week ended February 13. Foreign...

February 6, 2026 11:07 AM

RBI proposes Rs. 25,000 compensation for small-value fraud, raises MSME loan limit

Reserve Bank of India Governor Sanjay Malhotra on Friday announced a series of measures aimed at strengthening customer protection, advancing financial inclusion, improving credit flow, reinforcing urban cooperative banks (UCBs), easing compliance for non-banking financial companies (NBFCs), and deepening financial markets. To enhance customer protection, the Reserve Bank of India proposed issuing three draft guidelines. These will focus on curbing mis-selling, regulating loan recovery practice...

January 23, 2026 1:09 PM

Centre approves wage, pension revision for PSGICs, NABARD and RBI

The Central Government on Friday approved wage revision for employees of Public Sector General Insurance Companies (PSGICs) and the National Bank for Agriculture and Rural Development (NABARD), along with pension revision for retirees of the Reserve Bank of India (RBI) and NABARD. The decision aims to boost employee morale and strengthen social security for pensioners in the financial sector, reflecting the Government’s commitment to ensuring the financial well-being of serving and retired pe...

January 2, 2026 8:15 PM

India’s forex reserves rise by $3.2 billion to $696.6 billion: RBI

Continuing their upward trend, India’s foreign exchange reserves rose by $3.293 billion to $696.610 billion in the week ended December 26, according to data released by the Reserve Bank of India (RBI) on Friday. In the previous week, the country’s forex reserves had increased by $4.368 billion, RBI data showed. During the week ended December 26, the value of foreign currency assets (FCAs), the largest component of the reserves, rose by $184 million to $559.612 billion. Gold reserves recor...

January 1, 2026 2:32 PM

Indian economy remains resilient amid global uncertainty: RBI

The Reserve Bank of India on Wednesday released the December 2025 edition of its Financial Stability Report (FSR), presenting the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on the resilience of the Indian financial system and emerging risks to financial stability. The report noted that the global economy has remained resilient, supported by fiscal measures, front-loaded trade activity and strong investment linked to artificial intelligen...

December 31, 2025 6:01 PM

Indian economy remains sound amid persistent global challenges: RBI

India’s economy continues to register strong growth, driven by robust domestic demand, despite persistent global challenges, according to the latest Financial Stability Report (FSR) released by the Reserve Bank of India. The Financial Stability Report is a half-yearly publication that includes inputs from all financial sector regulators and presents the collective assessment of the Sub-Committee of the Financial Stability and Development Council on current and emerging risks to the stability ...

December 26, 2025 3:25 PM

Govt drive returns Rs 2,000 crore unclaimed savings to rightful owners

The government has succeeded in returning nearly Rs 2,000 crore to rightful owners that had remained stuck as “unclaimed savings” across banks, insurance companies, mutual funds, dividends, shares, and retirement benefit accounts within the regulated financial system, according to an official statement issued on Friday. The funds were restored through the Centre’s nationwide awareness and facilitation initiative ‘Your Money, Your Right’, launched in October 2025 to help citizens ident...