Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world’s most ...

RBI has finalised new Basel III directions for Scheduled Commercial Banks regarding credit risk capital charges, effective ...

March 17 (Reuters) - India's central bank-regulated entities can leverage artificial intelligence internal controls to address consumer complaints on mis-selling and aggressive practices, central bank ...

Mumbai: Banks in India seem to have become more compliant with regulatory norms in FY26, with the quantum of penalties imposed by the central bank declining by about 37% over the previous financial ...

Citigroup said on Tuesday that it has appointed Ankur Khurana as head of Citi Commercial Bank in India, underscoring the U.S. lender's push to strengthen its full-service commercial banking franchise ...