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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…

View on market: Volatility persists, eagerly searching for growth: Global markets stayed positive as easing tensions between the US and Iran reduced worries over the Middle East situation and brought down oil prices. Asian markets traded higher, supported by strong gains in South Korea and Japan, while optimism…