PERFORMANCE OF PRIVATE CORPORATE BUSINESS SECTOR DURING 2025-26

MUMBAI, India, June 24 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank released data on the performance of the private corporate sector during 2025-26 drawn from abridged financial results of 4,278 listed non-government non-financial (NGNF) companies. Corresponding data pertaining to 2024-25 are also presented in the tables to enable comparison. The data can be accessed at the web-link - https://data.rbi.org.in/DBIE/#/dbie/reports/Statistics/Corporate%20Sect...


RBI ISSUES AMENDMENT DIRECTIONS ON 'REVIEW OF METHODOLOGY FOR IDENTIFICATION OF NBFC-UL AND INCLUSION OF GOVERNMENT OWNED NBFCS IN NBFC-UL' AND 'CREDIT/INVESTMENT CONCENTRATION NORMS - GOVERNMENT OWNED NBFCS'

MUMBAI, India, June 24 -- Reserve Bank of India issued the following press release: The Reserve Bank, vide Press Release dated April 10, 2026, had issued the draft Amendment Directions on 'review of methodology for identification of NBFC-UL and inclusion of Government owned NBFCs in NBFC-UL' seeking comments/ feedback from the stakeholders till May 04, 2026. These draft amendment Directions proposed (a) to replace the existing methodology for identification of NBFCs in Upper Layer (NBFC-UL) wit...


RBI ISSUES AMENDMENT DIRECTIONS ON 'NET OPEN POSITION - REVISED INSTRUCTIONS'

MUMBAI, India, June 24 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had issued draft Amendment Directions on 'Net Open Position - Revised Instructions' on January 14, 2026, seeking inputs from Regulated Entities (REs) and other stakeholders till February 3, 2026. The draft Amendment Directions proposed to modify the instructions related to Net Open Position (NOP) and capital charge for forex risk. The proposed revisions include, inter alia, (i) doing aw...


RBI ISSUES DRAFT 'GUIDANCE ON REGULATORY PRINCIPLES FOR MODEL RISK MANAGEMENT'

MUMBAI, India, June 24 -- Reserve Bank of India issued the following press release: Reserve Bank of India has today released the draft 'Guidance on Regulatory principles for Model Risk Management' for public comments. The draft Guidance is applicable to following regulated entities: * Commercial Banks * Small Finance Banks * Payments Banks * Local Area Banks * Regional Rural Banks * Urban Co-operative Banks * Rural Co-operative Banks * All India Financial Institutions ...


Qualcomm India Opens Registrations for Snapdragon Multiverse Hackathon to Build Multi-Device AI Solutions

India, June 23 -- Bengaluru and Noida challenge invites developers, students and innovators to create practical cross-device AI experiences powered by Snapdragon platforms. Registrations for the Bengaluru edition are open until June 28, 2026 and the Noida edition till July 5, 2026. June 23, 2026, Bengaluru: Qualcomm India today announced the Snapdragon Multiverse Hackathon, a two-city developer challenge in Bengaluru and Noida that invites developers, students and innovators to build practical ...


SR Capital Senior Secondary School Celebrates International Yoga Day with Enthusiasm and Wellness

India, June 23 -- New Delhi, 23 June 2026: On the occasion of International Yoga Day, SR Capital Senior Secondary School, Delhi, organised a yoga programme in the school premises. The event witnessed enthusiastic participation from students and teachers, who came together to practise various yoga asanas, pranayama, and meditation.The programme aimed to spread awareness about the importance of yoga in daily life and its role in promoting physical fitness, mental balance, concentration, discipline...