Financial Institutions News

Iran's Pezeshkian thanked PM Modi for strengthening BRICS and criticized US 'military aggression.' He also condemned the use of sanctions and advocated for a BR

India's gold loan market has grown significantly to Rs 3.3 lakh crore by May 2026, attracting major groups like Tata, Godrej, and Birla who are aggressively exp

Binance Blockchain Week 2026 is set to take place in Bangkok, highlighting the increasing interconnectedness between traditional financial institutions and cryp

Sebi Chairman Tuhin Kanta Pandey emphasized that cybersecurity must transition from an IT concern to a boardroom priority, focusing on continuous vulnerability

The Reserve Bank of India (RBI) has proposed internal ceilings on the amount small borrowers can pay on loans. These proposals, once finalized, will apply to va

Financial institutions face increasing pressure to establish clearer AI governance due to concerns raised by bodies like the IMF and Bank of England regarding A

Indian banks are collaborating with 25 original equipment manufacturers (OEMs) to develop AI-led cybersecurity solutions and strengthen defenses against cyberat

Indian financial institutions face unanswered questions regarding AI governance, despite the Reserve Bank of India's draft guidance on risk management. While th

The Reserve Bank of India has proposed a new data governance framework to enhance data risk management for banks and NBFCs, requiring robust data lifecycle cont

US senators have unveiled a revised Russia sanctions bill, reducing proposed tariffs on major energy buyers like India and China from 500% to 100%. The bill tar