Bill introduced in Lok Sabha to replace 135-year-old banking law with digital-era framework

Aug 03, 2026

The government on Monday introduced a bill to strengthen the existing provisions to meet the requirements of the present banking system through a legal...

Tighter risk framework strengthens India's banking operating environment: Fitch Ratings

Jan 06, 2026

Global credit rating agency Fitch Ratings on Tuesday said a tighter risk framework is helping in strengthening India's bank operating environment, reflecting improving systemic...

RBI introduces prompt corrective action framework for NBFCs

Dec 14, 2021

Mumbai (India), December 14 : The Reserve Bank of India (RBI) on Tuesday issued the Prompt Corrective Action (PCA) framework for Non-Banking Financial Companies...

Parliament passes Bankers' Books Evidence Bill to recognise digital banking records as legal evidence

Aug 10, 2026

The Lok Sabha had already passed the Bill on August 5. With passage by both Houses of Parliament, the Bill marks a significant step...

"SVB failure puts a question mark on framework of American banking system towards startups"

Mar 16, 2023

"It's a huge shock, but at the same time, a huge opportunity, I think, for Indian ecosystem, to have its own bank for the...

New Bankers’ Books Evidence Act to take effect from October 1

Sep 11, 2026

The Bankers’ Books Evidence Act, 2026, which replaces the 1891 law governing the use of banking records as evidence, will come into force from...