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The Reserve Bank of India (RBI) has laid out some guidelines for lenders on recovery of loans, and whether they can block or lock the device that has been purchased via EMI financing. This new framework will come into effect from January 1, 2027.
10:10 AM
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Stock market recommendations: Amara Raja Energy & Mobility, Indian Bank, and Kfin Technologies have been recommended by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One as the top stocks to buy on August 14, 2026:
10:10 AM
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Top stock market recommendations: Indian Bank, DLF, and Polycab India - Aakash K Hindocha, Vice President - Research, Nuvama Professional Clients Group/Nuvama Wealth Management has picked these three stocks.
9:10 AM
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4:10 AM
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To Standardise Rate Setting Across Banks, NBFCs
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Reserve Bank governor Sanjay Malhotra stressed human accountability for AI decisions. Banks must ensure technology supports human judgment, not replaces it entirely. Meaningful human oversight is crucial from the AI design stage. Cyber security and model bias present significant risks for lenders. Banks must maintain an inventory of AI models and governance policies.
5:10 PM
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India is preparing to roll out polymer banknotes for initial trials shortly. The Reserve Bank of India plans to launch one billion pieces each of Rs 10 and Rs 20 denominations. These innovative polymer notes will coexist with current paper currency, with the goal of improving the longevity of lower denomination notes. Additionally, parliament discussions included topics on inflation and taxation strategies.
8:10 AM
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Dalal Street wrapped up last week on a high note, showcasing impressive gains among leading firms. State Bank of India saw a remarkable surge in its market value, joining industry giants Reliance Industries and TCS, which also experienced robust growth. Conversely, several other major companies faced decreases in their market valuations. Despite some volatility, overall market indices noted steady gains as the week closed.
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