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May 21, 2026

Reserve Bank of India has proposed a new draft framework aimed at tightening recovery practices for banks and non-banking financial companies (NBFCs), including rules related to mobile device financing and borrower protection. Under the proposed norms, lenders may be allowed to restrict certain non-essential mobile phone functions if…

Latest Updates Bank
May 21, 2026

Franklin Templeton has announced a temporary suspension on fresh subscriptions into the Franklin India Retirement Fund effective May 20, 2026. The move impacts all new investment inflows into the scheme, including systematic and lump-sum investment routes. The decision forms part of the fund house’s inflow management strategy and…