RBI Enforces .bank.in for Banks
RBI Enforces .bank.in for Banks In a major move to combat rising digital banking frauds, the Reserve Bank of India (RBI) has mandated that all Indian banks transition their official…
UBS Sells India Biz to 360 ONE
UBS Sells India Biz to 360 ONE Swiss bank UBS has agreed to sell its Indian onshore wealth management business to Mumbai-based 360 ONE WAM for ₹3.07 billion (around $36…
Poonam Gupta Joins RBI as Deputy Governor
Poonam Gupta Joins RBI as Deputy Governor India has appointed Poonam Gupta as the new RBI Deputy Governor for a three-year term. A former World Bank and IMF economist, Gupta…
IndusInd Bank Faces $175M Derivative Loss, Shares Plunge 27%
IndusInd Bank Faces $175M Derivative Loss, Shares Plunge 27% IndusInd Bank has uncovered a $175 million discrepancy in its currency derivatives transactions, significantly impacting earni ngs. This financial misstep has…










