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25th August
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    India May Give Fairfax Two Years to Consolidate Bank Holdings if It Wins IDBI Bank Stake

    India may give Fairfax up to two years to consolidate its bank holdings if it acquires IDBI Bank, easing a key regulatory hurdle involving CSB Bank.

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    Former ISRO Chairman S Somanath Appointed Non-Official Director on RBI Central Board

    Former ISRO Chairman S Somanath joins the RBI Central Board as a non-official director, bringing engineering and technology.

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    Government Reappoints Anand Mahindra to RBI Central Board for Four-Year Term

    The government reappoints Mahindra Group Chairman Anand Mahindra to the RBI Central Board for another four-year term beginning August 20, 2026.

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    India Moves Ahead With First Formal Procurement Process for Polymer Banknote Material

    India advances its polymer banknote plan as RBI-owned BRBNMPL begins formal procurement of secure substrate for an initial currency trial.

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    RBI Currency-Printing Arm Closes Global Bid Window for Polymer Banknote Substrate

    RBI currency printer BRBNMPL closes its global bid window for secure polymer banknote substrate, marking a key step in India's currency-material evaluation.

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