RBI issues draft norms for 'on-tap' licensing of urban co-operative banks

RBI issues draft norms for ‘on-tap’ licensing of urban co-operative banks

Mumbai: The Reserve Bank of India on Wednesday released draft guidelines for on-tap licensing of urban co-operative banks (UCBs). The central bank cited the sector’s improved financial health alongside its own expanded regulatory and supervisory powers as key reasons for the move. The decision was announced in the statement on developmental and regulatory policies, released…

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GA Questions Asked In RBI Assistant Mains Exam 2026

GA Questions Asked In RBI Assistant Mains Exam 2026

The RBI Assistant Mains Exam 2026 was conducted on 07 June 2026, and the General Awareness (GA) section once again played a crucial role in determining candidates’ overall performance. Many aspirants found the section scoring because a large number of questions were asked from current affairs, banking awareness, RBI-related updates, reports, appointments, and government schemes….

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RBI Announces Early Redemption Dates for Five SGB Tranches in April; Here’s What Investors Should Know About Tax Implications

RBI Announces Early Redemption Dates for Five SGB Tranches in April; Here’s What Investors Should Know About Tax Implications

RBI April Exit Window: Investors who have put money in Sovereign Gold Bonds now have clear information for the next financial year. The Reserve Bank of India has released the schedule for early redemption of five SGB tranches. These bonds have completed the required five year lock in period and can now be redeemed in…

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Rupee hits new record low: Currency weakens to 90.46 versus US dollar; RBI likely intervened to stem fall

Rupee hits new record low: Currency weakens to 90.46 versus US dollar; RBI likely intervened to stem fall

Rupee versus dollar (AI image) The Indian rupee tanked to a fresh record low on Thursday, going past the 90 mark versus the US dollar again. The rupee has been depreciating sharply this year, influenced by ongoing challenges on the India-US trade deal front and increased corporate dollar demands.The rupee declined to 90.4675 versus the…

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