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October 23, 2025 3:18 PM

Key nomination provisions under Banking Laws (Amendment) Act, 2025 to take effect from November 1

The key provisions relating to nomination under the Banking Laws (Amendment) Act, 2025 will come into effect from November 1, 2025, according to a notification issued by the Central Government. The Banking Laws (Amendment) Act, 2025, notified on Apr...

August 3, 2025 3:20 PM

Jan Dhan accounts cross 55 crore mark; FM Nirmala Sitharaman urges KYC completion

The number of bank accounts opened under the Pradhan Mantri Jan Dhan Yojana (PMJDY) has crossed the 55 crore mark, with “most of these accounts belonging to people who had never even seen the door of a bank,” Finance Minister Nirmala Sitharaman s...

February 7, 2025 4:49 PM

RBI defers rollout of LCR norms by a year in big relief to banks

In a big relief for banks, RBI Governor Sanjay Malhotra announced on Friday that the implementation of the proposed Liquidity Coverage Ratio (LCR), as well as project financing norms, will be deferred by a year and will not be implemented before Marc...

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Last updated on: 2nd June 2026