Banks

RBI’s Bi-Monthly Monetary Policy 8th April 2026 – Key Takeaways & Highlights

The Monetary Policy Committee (MPC) held its 60th meeting from April 6 to 8, 2026, under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. the MPC voted unanimously to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 5.25 per cent; consequently, the standing deposit facility (SDF) rate remains at 5.00 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 5.50 per cent. The MPC also decided to continue with the neutral stance..

Smart Banking for New Age Bankers

Smart Banking for New‑Age Bankers What Smart Banking Means Smart banking represents the integration of technology, data, and human engagement to deliver efficient, secure, and customer‑centric financial services. It goes beyond digitisation to create intelligent, responsive, and personalised banking experiences. Technology‑Enabled Banking Modern bankers are expected to effectively leverage technology across operations and customer engagement,…

FEEDBACK OF RRB PO, SBI PO & IBPS PO INTERVIEW Nov 2021- 2022

We give here the feedback of participants who have appeared for interview in their RRB PO, IBPS PO & SBI PO between November 2021 to March 2022. These feedback will help the freshers who are appearing for interview during current year and for those also who will appear for interview in future. This will give an idea of what type of questions are being asked and where one should focus upon. Please make best use of same for improving your interview preparation.

RBI extends Cheque Truncation System (CTS) across all bank branches in the country

RBI extends Cheque Truncation System (CTS) across all bank branches in the country by 30th September 2021

Opening of Current Accounts by Banks – Need for Discipline- Streamlining the Use of Multiple Operating Accounts by Large Borrowers

The Reserve Bank of India set new conditions for banks to open current accounts for large borrowers in order to strengthen credit discipline. Use of multiple operating accounts by borrowers—both current well as cash/overdraft accounts—has been observed to be prone to vitiating credit discipline, the RBI said its Statement on Developmental and Regulatory Policies on Thursday. “The checks and balances put in place in the extant framework, for opening of current accounts, are found to be inadequate,” it said, adding that the central bank has revised its guidelines to bring in appropriate safeguards. The revised norms are also expected to bring in the requisite discipline in collective actions by creditors for speedier resolution of stress in the accounts of borrowers.

Loans Sourced by Banks and NBFCs over Digital Lending Platforms: Adherence to Fair Practices Code and Outsourcing Guidelines

RBI brings in norms to curb malpractices by lending apps. RBI had to bring in these norms as hundreds of lending apps have mushroomed over the past year or so. RBI has made banks or NBFCs directly responsible for the actions of the digital platforms they have tied up with. RBI said that digital platforms and lenders must make adequate efforts towards the creation of grievance redressal mechanism.

Bank Promotions – Latest Banking Updates (As on 31.05.2020)

This booklet entitled ” Latest Banking Updates – Bank Promotions (Updated as of 31.05.2020)” has been prepared with an intention to provide ‘Latest Developments in Banking and Financial Sector’ for the enrichment of Bank’s Staff, the Banking knowledge and Banking Developments taking place in present day scenario, when the entire Banking Industry is facing heavy Turbulence in the form of huge NPA and mounting losses.

The reward & recognition (R&R) incentives that bankers receive from the sale of third-party non-banking products seem to have come under the Reserve Bank of India’s scanner on concerns of mis-selling and loss of focus on core banking activities.

Amendment to Master Direction (MD) on KYC

RBI introduces video-based identification process for KYC. RBI approves Aadhaar-based video authentication as alternative to e-KYC. Video KYC will have to be verified through Aadhaar.

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Budget 2026: Key Takeaways from FM Nirmala Sitharaman's speech

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Budget 2026: Key Takeaways from FM Nirmala Sitharaman's speech