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former Reserve Bank of India deputy governor

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Last Updated: Just Now
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Banking, Fintech & Insurance Just now (07:33 AM IST)

High-Level Banking Panel Likely by October-End as Composition Takes Shape

A high-level panel on banking is likely to be announced by the end of October, with its composition now being finalised, according to people familiar with the matter. The proposed body is expected to bring together a former Reserve Bank of India deputy governor, fintech industry leaders and an Indian Banksโ€™ Association nominee, signalling an effort to align policy, regulation and market innovation.

By RDU Global Wire4 min read
Legal, Courts & Regulatory2h ago

Tamil Nadu to Challenge Ponmudy Acquittal in Rs 28.37-Crore Red Sand Case, ED Tells Madras High Court

The Tamil Nadu government will appeal against the acquittal of former DMK minister K. Ponmudy, his son Gowtham Sigamani and five others in the Rs 28.37-crore red sand quarrying case, the Enforcement Directorate told the Madras High Court. The development comes as Ponmudy seeks to quash the money-laundering proceedings, arguing that the acquittal in the predicate offence leaves no basis for the ED case.

5 min readRead โ†’
National Governance & Policy3h ago

K.C. Venugopal Demands Removal of CEC Gyanesh Kumar After Jiji Thomson's BJP Revelation

AICC general secretary K.C. Venugopal has called former Chief Secretary Jiji Thomson's disclosure about Chief Election Commissioner Gyanesh Kumar "extremely serious," alleging it exposes partisan conduct at the highest level of India's election machinery. Venugopal demanded Kumar's immediate removal, accusing him of undermining democracy and benefiting from BJP support while in service and after elevation to the top election post.

4 min readRead โ†’
National Governance & Policy3h ago

Tamil Nadu byelections in two SC-reserved seats put AIADMK's shrinking Dalit base under scrutiny

The AIADMK's decision to field candidates in the Madurantakam and Dharapuram Assembly byelections has turned the contests into an early test of whether the party can arrest its steep decline in Scheduled Caste-reserved constituencies. With its tally in SC seats falling from 32 in 2016 to just eight in 2026, the opposition party faces pointed criticism from former insiders even as it argues that its legacy and welfare record still resonate with Dalit voters.

7 min readRead โ†’
National Governance & Policy6h ago

Mamata Backs Opposition Unity Over Demand to Remove CEC Gyanesh Kumar

West Bengal Chief Minister Mamata Banerjee on Saturday signaled support for a broader Opposition front against Chief Election Commissioner Gyanesh Kumar, saying she would back any party that raises a common cause for the people regardless of political colour. Her remarks came as the INDIA bloc prepares to meet in New Delhi on September 30 amid escalating tensions over the Election Commission and the special intensive revision exercise in West Bengal.

5 min readRead โ†’
National Governance & Policy9h ago

Indian Enforcement Agency Issues General Remittance Order Against Manoj Rameshbhai Solanki in DU Digital Trading Case

India's enforcement authorities have issued a general remittance order dated September 24, 2026 against Manoj Rameshbhai Solanki in connection with alleged trading activity in the scrip of DU Digital Technologies Limited, now known as DU Digital Global Limited. The order is tied to Recovery Proceedings in RC No. 9213 of 2026, underscoring the continuing regulatory scrutiny around market conduct in the case.

4 min readRead โ†’
Society, Crime & Public AffairsJust now (06:45 AM IST)

AIADMK Faces Crucial Test in Madurantakam and Dharapuram Byelections

The upcoming byelections in Madurantakam and Dharapuram are poised to challenge the AIADMK's influence over Scheduled Caste voters, a demographic that has shifted significantly since the last assembly elections. With historical context and recent trends, the party's performance could signal its future in Tamil Nadu politics.

3 min readRead โ†’
India Entertainment & Culture5h ago

Gitanjali Angmo Questions Ladakh Festival Timing as Martyrs' Month, Wangchuk Detention Marked

Educator and activist Gitanjali J. Angmo has criticised the Ladakh administration for staging its festival during a period she says should be reserved for remembrance, not celebration. Her remarks came as the Union Territory observed Martyrs' Month for four Leh residents killed in police firing last year and marked one year since the detention of her husband, Sonam Wangchuk.

6 min readRead โ†’
Banking, Fintech & Insurance7h ago

RBI to Drain Rs 2 Trillion in Overnight Liquidity via VRRR Auction on September 28

The Reserve Bank of India will conduct an overnight Variable Rate Reverse Repo auction under the Liquidity Adjustment Facility on September 28, 2026, offering to absorb up to Rs 2,00,000 crore from the banking system for one day. The move signals the central bank's continued active management of short-term liquidity as it reviews evolving money-market conditions.

5 min readRead โ†’
Banking, Fintech & Insurance7h ago

RBI Announces Rs 24,000 Crore Treasury Bill Auction Across 91-, 182- and 364-Day Papers

The Reserve Bank of India has announced an auction of Government of India Treasury Bills worth Rs 24,000 crore, split across 91-day, 182-day and 364-day maturities, with settlement set for October 1, 2026. The sale will use a price-based multiple price method and will be open to competitive and non-competitive bidders, including retail investors through the RBI Retail Direct portal.

5 min readRead โ†’
Banking, Fintech & Insurance7h ago

RBI Sets Rs 2.99 Trillion Treasury Bill Auction Calendar for Oct-Dec 2026

The Reserve Bank of India has released the government's Treasury Bill auction calendar for the quarter ending December 2026, mapping out weekly borrowings across 91-day, 182-day and 364-day papers. The schedule shows a planned issuance of Rs 2.99 trillion, with the central bank retaining flexibility to alter amounts or timing if market conditions, government funding needs or holidays require changes.

4 min readRead โ†’

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