Banking News India – RBI, PSU & Private Banks | News4Bharat
Track Indian banking sector news — RBI policy, PSU bank updates, private bank earnings, NPAs, and credit growth. Daily coverage from News4Bharat.
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NPCI has given UPI banks and payment apps until September 4, 2026 to mask mobile numbers, account numbers and number-based UPI IDs. Existing UPI IDs are not automatically being cancelled. Here is what the rule actually changes.
Rajendra Kumar Saboo UCO Bank MD & CEO charge is extended till Nov 30. Explore his profile, UCO Bank Q1 FY27 results and $1 billion funding plan.
International tourists and NRIs can now make seamless QR payments across India using home-country banking apps under Bank of Baroda's new UPI initiative.
The Central Government has appointed Janmejaya Kumar Sinha, Syed Akbaruddin and Annie George Mathew as part-time, non-official directors on the Reserve Bank of India Central Board for four years from August 24, 2026.
Fino Payments Bank has approved another extension for Interim CEO Ketan Merchant, allowing him to continue for up to three months from August 27, 2026, subject to RBI approval.
Former ISRO Chairman S Somanath has been appointed as a part-time Non-Official Director on the Reserve Bank of India’s Central Board for four years. Anand Mahindra has also been reappointed to the board for another four-year term.
Shabnam Sinha, an independent director with more than three decades of experience in development finance and public policy, will lead the board of Airtel Payments Bank from October 1, 2026.
The former IDFC FIRST Bank executive will take charge on January 1, 2027, for a five-year term, subject to shareholder approval. The move shifts Manappuram’s day-to-day leadership from its promoter family to a professional managing director.
UPI Lite uses money set aside from a bank account, Credit Line on UPI uses a bank-approved loan limit, and RuPay Credit Card on UPI uses a credit-card limit.
One OTP could soon replace every KYC form you have ever filled. Banks, insurers and mutual funds are quietly preparing for a change that most customers do not know is coming yet.
A ₹35 lakh scam. A fake RBI Governor video. A ₹48,021 crore fraud bill. MeitY has flagged how AI is quietly rewriting bank fraud in India, and why your next call might not be who it sounds like.
Bank of India signed pre-IPO share purchase agreements on July 9, 2026 to sell a 1.42% stake in SBI Funds Management India's largest AMC to 30 investors for ₹1,655 crore at ₹574 per share.
Bank went live on the EPFO platform on July 6, 2026, becoming an authorised bank for provident fund payments under the Ministry of Labour and Employment. Employers can now initiate PF payments directly through the EPFO portal.
RBI has approved Mahesh Muralidhar Pai as South Indian Bank’s MD & CEO for three years from October 1, 2026. Pai is currently Chief General Manager at Canara Bank and leads digital banking and innovation.
Kotak Mahindra Bank just signed a deal that changes the shape of Indian banking. The numbers involved are big, but what happens next could matter even more for customers, employees and the entire banking sector in Bharat.
The internet is moving from search engines to answer engines. For India’s BFSI sector, this shift will redefine how customers discover loans, insurance, mutual funds, financial advice and trusted institutions.
The Reserve Bank of India has introduced a major change in India’s NBFC regulatory framework from July 1, 2026. Under the RBI Amendment Directions notified on April 29, 2026, non-banking financial companies will now be classified as Type I NBFCs
RBI, CCPA and consumer reports are putting manipulative app design under the scanner. Read how hidden fees, fake urgency and pre-ticked consent boxes are changing India’s digital regulation landscape.
Bank of India has presented a ₹1,553.50 crore dividend cheque to the Government of India for FY 2025-26. The public sector lender reported a 14.19% rise in net profit to ₹10,527 crore during the year.
A former bureaucrat steps into India's biggest private bank boardroom, yet one regulatory approval stands between him and the chairman's chair.
Kotak Mahindra Bank MD and CEO Ashok Vaswani will step down after his three-year term ends on December 31, 2026, having decided not to seek reappointment. The bank's board has begun the process of finding his successor.
EPFO 3.0 is here. India's 30 crore provident fund members can now access their retirement savings instantly. No paperwork. No employer approval. No waiting.
Power Grid needs long-term funds for transmission projects, grid expansion, renewable energy evacuation and its large project pipeline.
NPCI’s UPI verified name update aims to make digital payments safer by showing the recipient’s bank-registered name before a transaction.
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Track Indian banking sector news — RBI policy, PSU bank updates, private bank earnings, NPAs, and credit growth. Daily coverage from News4Bharat.
24 Articles