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Thursday, April 9, 2026
TopicBank

Topic: Bank

RBI to inject $16 billion via bonds, forex swap to boost liquidity as rupee remains weak

Delivering MPC statement Friday, RBI guv said the central bank will buy Rs 500 bn of bonds on 11 Dec & similar amount on 18 Dec. It will hold $5 billion of buy/sell swap on 16 Dec.

SubscriberWrites: Bank Account Number Portability: If not now, then when?

The sheer number of calls that you receive every day from your branch, relationship manager or call center is the topic of many lamentations and probably as many hilarious memes. 

Savings Account Fees and Charges: What You Need to Know

Let's discuss the most common bank fees and charges associated with a savings account. This will help you stay informed and identify unnecessary deductions or outgoing transactions. 

Why RBI, SEBI have cracked whip on JM Financial & what investment bank said in its defence

RBI has barred JM Financial's NBFC subsidiary from issuing loans against shares & debentures, while SEBI has barred parent firm from being lead manager for any fresh IPO or debt issue.

J&K Bank was ‘victim of nepotism’ but govt reforms turned it profitable, says Modi

At 'Viksit Bharat, Viksit Jammu Kashmir' event in Srinagar, Modi rebuked previous governments for corrupt practices that destroyed bank & risked thousands of crores of depositors' money.

Banks among top performing shares in India as HDFC releases first results after merger

The private lender, which has the highest weightage in Nifty 50, was among the top gainers in the session, rising as much as 1.71%.

Bank of Baroda shares fall by 4% as RBI suspends onboarding of new app customers

Bob World app has 8.1 million daily transactions, while 43% of time deposits are obtained through the app, the bank had said in its quarterly presentation in August.

Central banks in Asia spend billions to bolster weakening currencies against rising US dollar

Learning from the 1997 Asian financial crisis, central banks have been accumulating dollars to help defend their currencies during periods of wild market swings.

Asia’s virtual banks need oversight to guard data, India could offer model, BIS says

Along with Singapore, India may offer a model for creating a platform under central bank supervision that allows personal data sharing, with customer consent, says BIS.

Billionaires for minutes: How goof-up left 2 Bihar Class 6 students with Rs 906 cr in accounts

While Guruchandra Vishwas got Rs 900 crore in his account, Asit Kumar got Rs 6 crore. Bank noticed and corrected the mistake soon, but now there are calls for inquiry.

On Camera

India has 291 homoeopathic colleges in 2026, says Minister of Ayush Prataprao Jadhav

The World Homoeopathy Day 2026 is an opportunity to reassure that traditional medical systems remain accessible, and integral to a resilient, inclusive, and future-ready healthcare system.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

Theaterisation in play: Air Headquarters to control strategic assets  

Exclusive: Theaterisation proposal has been stuck over how limited air assets would be divided. Consensus reached on division of air assets among 3 theatres, it is learnt.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.