Bank of India — current affairs timeline
72 news articles02 Dec 2025 to 06 Sep 2026
Every DailyConnects briefing covering Bank of India, in order, with exam-focused key numbers. Grouped purely by entity identity — never mixed with similar-but-unrelated news.
2026
- 06 Sep 2026Reserve Bank of India (RBI) Approves LIC's Acquisition of Up to 9.99% Stake in ICICI Bank
Life Insurance Corporation of India (LIC) received Reserve Bank of India (RBI) approval to acquire up to 9.99% of ICICI Bank's paid-up share capital or voting r…
9.99% - 02 Sep 2026State Bank of India (SBI) Research raises India's FY27 GDP growth forecast to 7.3%
State Bank of India (SBI) Research revised India's FY27 real GDP growth forecast to 7.3% from 6.6%. India's real GDP grew 7.8% in Q1 FY27, compared with 6.9% in…
7.3% - 02 Sep 2026Suman Ray Appointed as Executive Director of Reserve Bank of India (RBI)
Suman Ray was appointed as Executive Director of the Reserve Bank of India (RBI) with effect from September 1, 2026. Prior to this appointment, he served as Reg…
- 30 Aug 2026Reserve Bank of India (RBI) Relaxes Weekly Access Rule for FCNR(B) Swap Facility for Transactions Above USD 100 Million
The Reserve Bank of India (RBI) allowed banks to access its concessional dollar-rupee swap facility for FCNR(B) deposits exceeding USD 100 million without waiti…
$100 mn - 27 Aug 2026Annie George Mathew, Janmejaya Kumar Sinha, and Syed Akbaruddin Appointed Part-Time Non-Official Directors to Reserve Bank of India (RBI) Central Board
Annie George Mathew, Janmejaya Kumar Sinha, and Syed Akbaruddin were appointed as part-time non-official directors on the Central Board of the Reserve Bank of I…
- 24 Aug 2026Reserve Bank of India (RBI) Approves Life Insurance Corporation of India (LIC) Stake Increase up to 9.99% in HDFC Bank
The Reserve Bank of India (RBI) has approved Life Insurance Corporation of India's (LIC) application to acquire up to 9.99% of HDFC Bank's paid-up share capital…
9.99% - 23 Aug 2026Somanath Panicker Appointed, Anand Mahindra Re-appointed as Part-time Non-official Directors of Reserve Bank of India (RBI) Central Board
Somanath Sreedhara Panicker was appointed as a part-time non-official director on the Central Board of the Reserve Bank of India (RBI) for a period of four year…
- 22 Aug 2026Reserve Bank of India (RBI) approves LIC's stake increase in HDFC Bank to 9.99%
The Reserve Bank of India (RBI) has approved Life Insurance Corporation of India's (LIC) application to acquire up to 9.99% of HDFC Bank's paid-up share capital…
9.99% - 22 Aug 2026S. Somanath Appointed to Reserve Bank of India (RBI) Central Board
S. Somanath, former chairman of the Indian Space Research Organisation (ISRO), was appointed as a part-time non-official director on the central board of the Re…
- 19 Aug 2026Reserve Bank of India (RBI) imposes monetary penalty of ₹59.20 lakh on IndusInd Bank
The Reserve Bank of India (RBI) imposed a monetary penalty of ₹59.20 lakh on IndusInd Bank Limited. The penalty was levied for non-compliance with RBI direction…
₹59.20 L - 14 Aug 2026State Bank of India (SBI) projects Q1 GDP growth at 8%
State Bank of India (SBI) research projects India's GDP growth at 8% for the April-June quarter of FY27. The SBI projection is sharply higher than the Reserve B…
8% - 12 Aug 2026Reserve Bank of India (RBI) Releases 101st Survey of Professional Forecasters (SPF), Projects 6.6% GDP Growth for FY27
The Reserve Bank of India (RBI) released the 101st Survey of Professional Forecasters (SPF) conducted in July 2026. The SPF projected FY27 real GDP growth at 6.…
6.6% - 12 Aug 2026Reserve Bank of India (RBI) Grants Perpetual Trade Remittance License to Indel Money Arm Indel Remit
The Reserve Bank of India (RBI) has granted a perpetual license to Indel Remit, an arm of Indel Money, to offer trade remittance services. Indel Remit, headquar…
₹25 L - 10 Aug 2026Reserve Bank of India (RBI) expands upper-layer NBFC list to 17 for FY27; adds REC, PFC, IRFC, HUDCO
The Reserve Bank of India (RBI) published the updated list of upper-layer non-banking financial companies (NBFC-UL) for 2026-27 (FY27), containing 17 entities. …
₹1 - 09 Aug 2026Reserve Bank of India (RBI) issues new loan recovery rules effective January 1, 2027
The Reserve Bank of India (RBI) issued new loan recovery directions on August 6, 2026. The new loan recovery rules will come into effect from January 1, 2027. R…
- 08 Aug 2026Reserve Bank of India (RBI) to Resume Issuing Fresh Licences for Urban Cooperative Banks
The Reserve Bank of India (RBI) has decided to resume licensing of urban cooperative banks (UCBs) on an 'on tap' basis after a two-decade pause. The decision fo…
₹300 cr - 08 Aug 2026Reserve Bank of India (RBI) grants expanded Authorised Dealer Category II licence to GlobalPay
The Reserve Bank of India (RBI) granted GlobalPay an expanded Authorised Dealer Category II (AD II) licence under FEMA 2026. The licence enables GlobalPay to of…
₹25 L - 06 Aug 2026Reserve Bank of India (RBI) holds repo rate at 5.25%, retains neutral stance for fourth straight meeting
The Reserve Bank of India (RBI), at its August 2026 Monetary Policy Committee (MPC) meeting, kept the repo rate unchanged at 5.25% for the fourth consecutive me…
5.25% - 05 Aug 2026State Bank of India (SBI) Research projects India's Q1 FY27 GDP growth at around 7%
India's economy is likely to have expanded by around 7% in the April-June quarter of FY27. SBI Research expects the Reserve Bank of India (RBI) to keep policy r…
₹74,200 cr - 05 Aug 2026Monisha Chakraborty Appointed Executive Director of Reserve Bank of India (RBI)
The Reserve Bank of India (RBI) appointed Monisha Chakraborty as Executive Director with effect from August 3, 2026. Prior to this, she served as Chief General …
- 02 Aug 2026Maldives Monetary Authority (MMA) and Reserve Bank of India (RBI) operationalize Favara-UPI cross-border payment corridor
The Favara-UPI cross-border payment corridor was operationalized on July 30, 2026, enabling real-time transfers from Maldivian Rufiyaa (MVR) to Indian Rupees (I…
- 31 Jul 2026State Bank of India (SBI) to Become First Indian Bank to Issue Basel III-Compliant AT-1 Perpetual Bonds in 2026
State Bank of India (SBI) plans to raise ₹50 billion ($517.76 million) through Basel III-compliant Additional Tier I (AT-1) perpetual bonds with a five-year cal…
₹50 - 31 Jul 2026Reserve Bank of India (RBI) Releases August Bank Holiday Schedule as Multiple Rule Changes Take Effect from August 1, 2026
Oil marketing companies will revise domestic (14.2 kg) and commercial (19 kg) LPG cylinder prices on August 1, 2026, based on international energy prices. India…
₹5,000 - 27 Jul 2026Reserve Bank of India (RBI) Approves Areion Group’s Rs 936 Crore Acquisition of Aviom India Housing Finance
The Reserve Bank of India (RBI) has approved Areion Group's Rs 936 crore acquisition of Aviom India Housing Finance. RBI also granted fit-and-proper approval to…
65% - 26 Jul 2026Reserve Bank of India (RBI) grants EbixCash perpetual AD-II licence with trade remittance permission
The Reserve Bank of India (RBI) granted EbixCash World Money Ltd a perpetual Authorised Dealer Category-II (AD-II) licence with permission to handle trade remit…
₹25 L - 24 Jul 2026India’s Outward FDI Drops 47.9% to USD 3 Billion in June 2026: Reserve Bank of India (RBI) Data
India’s outward foreign direct investment (FDI) declined by 47.9% year-on-year to USD 3 billion in June 2026 from USD 5.74 billion in June 2025. Outward FDI in …
$3 bn - 20 Jul 2026Reserve Bank of India (RBI) Releases Financial Stability Report June 2026, Gross NPAs at Multi-Decadal Low of 1.8%
The Reserve Bank of India (RBI) released the June 2026 Financial Stability Report (FSR) on June 30, 2026, stating the financial system is resilient and well cap…
1.8% - 20 Jul 2026Reserve Bank of India (RBI) Introduces New SNFA Framework
The Reserve Bank of India (RBI) introduced the Specified Non-Financial Assets (SNFAs) framework for immovable assets acquired from defaulting borrowers by banks…
- 19 Jul 2026Reserve Bank of India (RBI) grants Type II NBFC licence to Delhivery Financial Services Private Limited
The Reserve Bank of India (RBI) granted a Certificate of Registration as a Type II NBFC-ND to Delhivery Financial Services Private Limited, a wholly owned subsi…
₹2,850 cr - 19 Jul 2026Reserve Bank of India (RBI) Financial Inclusion Index Rises to 70 in FY26
The Reserve Bank of India (RBI) Financial Inclusion Index (FI-Index) rose to 70.0 in March 2026 from 67.0 in March 2025. The FI-Index increased by 4.48 percent …
- 15 Jul 2026State Bank of India (SBI) sells 1.42% stake in SBI Funds Management for Rs. 1,655 crore ahead of IPO
State Bank of India (SBI) has sold a 1.42% stake in its asset management arm, SBI Funds Management Ltd (SBIFM), to 30 investors for ₹1,655 crore in a pre-IPO pl…
₹1,655 cr - 12 Jul 2026Reserve Bank of India (RBI) Launches Three Surveys for Monetary Policy Inputs
The Reserve Bank of India (RBI) launched three key surveys on 9 July 2026 to provide critical inputs for formulating monetary policy. The July 2026 round of the…
- 08 Jul 2026State Bank of India (SBI) to acquire 10% stake in RMBS Development Company (RDCL)
State Bank of India (SBI) is acquiring a 10% stake in RMBS Development Company (RDCL) from the National Housing Bank (NHB), which will reduce NHB's holding from…
₹500 cr - 07 Jul 2026Reserve Bank of India (RBI) Imposes ₹66.7 Lakh Penalty on Bank of Baroda and GIC Housing Finance
The Reserve Bank of India (RBI) imposed a total monetary penalty of ₹66.7 lakh on Bank of Baroda and GIC Housing Finance for non-compliance with regulatory norm…
₹66.7 L - 03 Jul 2026Reserve Bank of India (RBI) implements revamped Integrated Ombudsman Scheme
The Reserve Bank of India (RBI) implemented the revamped Integrated Ombudsman Scheme on 1 July 2026. The scheme covers banks, eligible Non-Banking Financial Com…
₹30 L - 03 Jul 2026Ravi Shankar Appointed Executive Director of Reserve Bank of India (RBI)
Ravi Shankar has been appointed as the Executive Director (ED) of the Reserve Bank of India (RBI) with immediate effect. Shankar will be responsible for oversee…
- 02 Jul 2026Kakinada Cooperative Town Bank attains Tier-III status under Reserve Bank of India (RBI) norms
Kakinada Cooperative Town Bank attained Tier-III status under Reserve Bank of India (RBI) norms after its total deposits crossed ₹2,000 crore. The bank is the s…
₹2,000 cr - 01 Jul 2026Reserve Bank of India (RBI) reports external debt of $762.8 billion for March 2026
India's external debt reached $762.8 billion by March 2026, with the debt-to-GDP ratio increasing to 20.8%. Long-term debt was placed at $613.5 billion, while t…
$762.8 bn - 29 Jun 2026Reserve Bank of India (RBI) Proposes Opening Term Money Market to NBFCs and Corporates
The Reserve Bank of India (RBI) released draft directions to allow All India Financial Institutions (AIFIs), Non-Banking Financial Companies (NBFCs), and corpor…
400% - 28 Jun 2026Reserve Bank of India (RBI) expands credit derivatives market by introducing credit index derivatives and total return swaps (TRS)
The Reserve Bank of India (RBI) issued the Master Direction – Reserve Bank of India (Credit Derivatives) Directions, 2026, replacing the February 2022 framework…
₹500 cr - 27 Jun 2026Reserve Bank of India (RBI) injects ₹1,41,171 crore transient liquidity via VRR auction
The Reserve Bank of India (RBI) injected ₹1,41,171 crore transient liquidity into the banking system through a seven-day variable rate repo (VRR) auction at a c…
₹1,41,171 cr - 26 Jun 2026Reserve Bank of India (RBI) retains ₹1 lakh crore threshold for upper layer NBFCs
The Reserve Bank of India (RBI) retained the ₹1 lakh crore threshold for classifying upper layer Non-Banking Financial Companies (NBFCs). The threshold will now…
₹1 L - 26 Jun 2026Reserve Bank of India (RBI) introduces compensation framework for digital fraud victims
The Reserve Bank of India (RBI) has overhauled its framework for fraudulent electronic banking transactions, applicable to Small Finance Banks and Payments Bank…
₹50,000 - 26 Jun 2026Reserve Bank of India (RBI) simplifies Non-Banking Financial Company (NBFC) Upper Layer identification framework
The Reserve Bank of India (RBI) has established an asset size of ₹1 lakh crore and above as the sole criterion for classifying Non-Banking Financial Companies i…
₹1 L - 26 Jun 2026Reserve Bank of India (RBI) issues Master Directions on Trade Receivables Discounting System (TReDS) to streamline MSME financing
The Reserve Bank of India (RBI) has prescribed a minimum net worth requirement of ₹25 crore for entities seeking authorisation to set up and operate a Trade Rec…
₹25 cr - 24 Jun 2026Reserve Bank of India (RBI) Revises Kisan Credit Card (KCC) Scheme Rules from January 2027
The Reserve Bank of India (RBI) has issued final directions for the revised Kisan Credit Card (KCC) Scheme, which will come into effect from 1 January 2027. The…
₹2 L - 24 Jun 2026Reserve Bank of India (RBI) waives collateral requirements for agricultural loans up to ₹2 lakh
The Reserve Bank of India (RBI) has directed banks to waive collateral security and margin requirements for agricultural loans, including allied activities, up …
₹2 L - 23 Jun 2026Reserve Bank of India (RBI) Governor Sanjay Malhotra urges banks to leverage DPI stack for MSME credit access as credit outstanding reaches ₹36.79 trillion
Reserve Bank of India (RBI) Governor Sanjay Malhotra urged banks and non-banking financial companies (NBFCs) to leverage the digital public infrastructure (DPI)…
₹3.5 - 23 Jun 2026Reserve Bank of India (RBI) issues revised guidelines for Lead Bank Scheme (LBS) after comprehensive review
The Reserve Bank of India (RBI) has issued revised guidelines for the Lead Bank Scheme (LBS) superseding all earlier instructions on the subject. The LBS aims t…
- 23 Jun 2026Reserve Bank of India (RBI) Revises Kisan Credit Card (KCC) Scheme Norms
The Reserve Bank of India (RBI) issued the [Commercial Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026, which will be effective from January 2027. The …
₹2 L - 21 Jun 2026Reserve Bank of India (RBI) revises Kisan Credit Card norms, standardises crop season definition
The Reserve Bank of India (RBI) issued the 'Reserve Bank of India [Commercial Banks - Kisan Credit Card (KCC) Scheme] Directions, 2026', applicable from January…
- 21 Jun 2026State Bank of India (SBI) presents ₹8,813 crore dividend to Central Government
The State Bank of India (SBI) presented a dividend cheque of ₹8,813 crore to the Central government for the financial year 2025-26. The dividend cheque was hand…
₹8,813 cr - 20 Jun 2026Reserve Bank of India (RBI) cancels licence of Shree Mahalaxmi Urban Co-operative Credit Bank
The Reserve Bank of India (RBI) has cancelled the licence of Gokak, Karnataka-based Shree Mahalaxmi Urban Co-operative Credit Bank due to its worsening financia…
97.9% - 20 Jun 2026Reserve Bank of India (RBI) extends Keki Mistry's tenure as interim chairman of HDFC Bank
The Reserve Bank of India (RBI) approved a three-month extension of Keki Mistry's tenure as interim part-time chairman of HDFC Bank until September 18, 2026, or…
₹13 - 19 Jun 2026Reserve Bank of India (RBI) issues revised authorisation framework for payment systems
The Reserve Bank of India (RBI) issued revised Master Directions on Authorisation to Operate a Payment System under the Payment and Settlement Systems Act, 2007…
20% - 18 Jun 2026Reserve Bank of India (RBI) launches 'RBI Reelathon 2026' to raise awareness on cyber financial frauds
The Reserve Bank of India (RBI) launched 'RBI Reelathon 2026' in Thiruvananthapuram to raise awareness against cyber-enabled financial frauds among college stud…
- 17 Jun 2026Reserve Bank of India (RBI) Amends Investment Rules for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs)
The Reserve Bank of India (RBI) has implemented the Foreign Exchange Management (Mode of Payment and Reporting of Non-Debt Instruments) (Amendment) Regulations,…
- 16 Jun 2026Reserve Bank of India (RBI) imposes restrictions on Mogaveera Co-operative Bank for six months
The Reserve Bank of India (RBI) has imposed several operational restrictions on Mumbai-based Mogaveera Co-operative Bank for a period of six months effective fr…
₹1 L - 13 Jun 2026Reserve Bank of India (RBI) issues final norms for bank lending to REITs and InvITs
The Reserve Bank of India (RBI) has issued final amendments permitting commercial banks to lend to Real Estate Investment Trusts (REITs) and Infrastructure Inve…
20% - 12 Jun 2026Sanjay Lohiya appointed Director on Reserve Bank of India (RBI) and State Bank of India (SBI) central boards
Sanjay Lohiya, Secretary of the Department of Financial Services (DFS), Ministry of Finance, has been nominated to the central boards of the Reserve Bank of Ind…
- 11 Jun 2026Reserve Bank of India (RBI) Introduces US Dollar-Rupee Forex Swap Facility for Fresh FCNR (B) Deposits
The Reserve Bank of India (RBI) introduced a US dollar-rupee forex swap facility for fresh Foreign Currency Non-Resident (Bank) [FCNR (B)] deposits to attract f…
$1 mn - 11 Jun 2026Reserve Bank of India (RBI) recognises Sahamati Foundation as Self-Regulatory Organisation for Account Aggregator ecosystem
The Reserve Bank of India (RBI) has recognised Sahamati Foundation as the Self-Regulatory Organisation (SRO) for the Account Aggregator (AA) ecosystem. The RBI …
- 10 Jun 2026Reserve Bank of India (RBI) records $7.1 billion current account surplus for Q4 FY26
India logged a current account surplus of $7.1 billion (0.7% of GDP) in the fourth quarter of FY26, compared to a deficit of $13.2 billion in the third quarter.…
$7.1 bn - 10 Jun 2026Reserve Bank of India (RBI) Announces Measures to Attract Foreign Capital
The Reserve Bank of India (RBI) expanded the Fully Accessible Route (FAR) to include all new issuances of 15-year, 30-year, and 40-year government securities (G…
- 10 Jun 2026Reserve Bank of India (RBI) imposes ₹41.80 lakh penalty on Canara Bank
The Reserve Bank of India (RBI) imposed a monetary penalty of ₹41.80 lakh on Canara Bank. The penalty was levied for non-compliance with directions regarding Kn…
₹41.80 L - 07 Jun 2026Reserve Bank of India (RBI) reports foreign exchange reserves rise to $682.321 billion
India's foreign exchange reserves rose by $938 million to $682.321 billion in the week ended May 28, according to the Reserve Bank of India (RBI). Foreign curre…
$938 mn - 07 Jun 2026Swaminathan Janakiraman re-appointed as Reserve Bank of India Deputy Governor for two years
Swaminathan Janakiraman's tenure as Deputy Governor of the Reserve Bank of India (RBI) has been extended for two years effective June 26, 2026. He was initially…
- 06 Jun 2026Reserve Bank of India (RBI) maintains repo rate at 5.25% and retains neutral stance
The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) unanimously decided to keep the policy repo rate unchanged at 5.25 per cent and retain its neutr…
5.25% - 26 Apr 2026Rajneesh Karnatak, Debadatta Chand and Ashutosh Choudhary extended as Bank Executives
- 25 Apr 2026Rajneesh Karnatak, Debadatta Chand and Ashutosh Choudhury granted tenure extensions as Bank CEOs and Executive Director
- 31 Mar 2026Reserve Bank of India (RBI) imposes ₹2.20 crore penalties on Union Bank, Central Bank, Bank of India, Pine Labs
2025
Showing latest 72 news articles.