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MYSTERIOUS: 7 - What They Never Told You

AAP Rolling News Bulletin May 21, 1730

AAP Rolling News Bulletin for May 21 at 1730

AAP

FED:Jobless jump, Iran war shoot down fears of rate rise

The big four banks are tipping the Reserve Bank to hold interest rates steady at its next meeting after the jobless rate surged and as the Iran war hits home.

AAP

AAP Rolling News Bulletin May 21, 1700

AAP Rolling News Bulletin for May 21 at 1700

AAP

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AAP Rolling News Bulletin May 21, 1630

AAP Rolling News Bulletin for May 21 at 1630

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AAP Rolling News Bulletin May 21, 1600

AAP Rolling News Bulletin for May 21 at 1600

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AAP Rolling News Bulletin May 21, 1530

AAP Rolling News Bulletin for May 21 at 1530

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AAP Rolling News Bulletin May 21, 1500

AAP Rolling News Bulletin for May 21 at 1500

AAP

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AAP Rolling News Bulletin May 21, 1430

AAP Rolling News Bulletin for May 21 at 1430

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AAP Rolling News Bulletin May 21, 1400

AAP Rolling News Bulletin for May 21 at 1400

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AAP Rolling News Bulletin May 21, 1330

AAP Rolling News Bulletin for May 21 at 1330

AAP

FED:Surprise unemployment jump 'comfort' for Reserve Bank

About 18,600 fewer Australians were employed in April, which should ease the Reserve Bank's concerns the economy is above capacity and driving up inflation.

AAP

FED:Jobs market holds key to next Reserve Bank rates call

The impending release of labour force data will have a big bearing on whether interest rates rise again soon, as economists debate the Reserve Bank's next move.

AAP

Jobless jump, Iran war shoot down fears of rate rise

The big four banks are tipping the Reserve Bank to hold interest rates steady at its next meeting after the jobless rate surged and as the Iran war hits home.

AAP

RBI proposes banks to disclose detailed information on capital, risks under Basel Pillar 3

The Reserve Bank of India is introducing new rules for banks under Basel III. Lenders will soon publish detailed information quarterly on capital, leverage, liquidity, and risks. This aims to boost transparency and market understanding. Banks must explain any significant changes in these figures. The new framework starts from the…

The Economic Times

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The Economic Times

RBI cancels licence of Maharashtra-based The Yashwant Co-op Bank

The Reserve Bank of India has cancelled the license of The Yashwant Co-operative Bank, Phaltan, Maharashtra, citing inadequate capital and poor earning prospects. The bank's operations will cease from May 19, 2026, with depositors to receive insurance claims up to Rs 5 lakh. Approximately 99.02% of depositors are expected to…

The Economic Times

Keeping close watch on supply shock, impact on inflation: RBI Guv Sanjay Malhotra

The Reserve Bank of India is watching global uncertainties closely. Governor Sanjay Malhotra stated the RBI is monitoring supply shocks. The central bank will act if price increases become widespread. India's monetary policy remains neutral, allowing flexibility. The RBI aims for price stability while managing short-term volatility. Future policy decisions…

The Economic Times

RBI discontinues investment fluctuation reserve requirement for banks

The Reserve Bank of India has discontinued the Investment Fluctuation Reserve for commercial banks. This change takes effect from May 18, 2026. Balances in the IFR will be transferred to other reserves. The Reserve Bank has issued separate circulars for cooperative banks, small finance banks, and payments banks. This move…

The Economic Times

RBI imposes restrictions on Etawah-based Nagar Sahakari Bank for 6 months

The Reserve Bank of India has placed restrictions on Etawah-based Nagar Sahakari Bank. Customers can withdraw a maximum of Rs 10,000. The bank cannot grant new loans or accept fresh deposits without RBI approval. These measures are in place for six months to protect depositors. The RBI will monitor the…

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The Economic Times

RBI imposes penalty on IIFL Finance

The Reserve Bank of India has fined IIFL Finance Rs 3.1 lakh for not returning surplus amounts from gold auctions to borrowers. Appnit Technologies faces a Rs 5.8 lakh penalty for KYC and PPI rule violations. These actions stem from regulatory compliance deficiencies identified during inspections. The RBI's move highlights…

The Economic Times

RBI accepts 2 core investment companies' applications for surrendering registration

The Reserve Bank of India has cancelled registration certificates for several non-banking financial companies and core investment companies. This action follows surrender requests from entities like RR Holdings and Anjali Capfin. HDFC Holdings' certificate was cancelled as it is no longer a legal entity post-merger. Other companies surrendered their certificates…

The Economic Times

RBI eases rules for outward remittances; drops prior approval for non-bank entities

The Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer required for these tie-ups. Authorised Dealer banks will now be solely responsible for compliance and customer verification. Customers will receive clear information on forex rates, costs, and credit…

The Economic Times

RBI cancels licence of Mumbai-based Sarvodaya Co-operative Bank

The Reserve Bank of India has made the tough call to withdraw the license of Sarvodaya Co-operative Bank, a decision rooted in the bank's failing capital and declining revenue capabilities. As of May 12, 2026, all banking activities will halt. In a bid to protect depositors, the bank's clients will…

The Conversation

Get ready for a budget slowdown. But Chalmers insists we won’t see a recession

Treasurer Jim Chalmers has called his budget “ambitious in the face of adversity”.

The Guardian - AU

Man arrested over alleged offensive shirt outside royal commission venue – as it happened

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AAP

Oil crisis not over: warnings of diesel over $4 a litre

With the Strait of Hormuz still shut and stockpiles running down, economists warn fuel prices could spike above levels previously seen during this oil crisis.

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