MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/DoS/2026-27/422 DoS.CO.PPG.16/11.01.005/2026-27 July 31, 2026 Reserve Bank of India (Small Finance Banks - Internal Audit Function) Directions, 2026 Table of Contents Introduction Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Role of the Board B. Role of the Senior Management Chapter III - Risk-Based Internal Audit Framewo...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/DoS/2026-27/423 DoS.CO.ARG.17/08.91.001/2026-27 July 31, 2026 Reserve Bank of India (Small Finance Banks - Statutory Audit) Directions, 2026 Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Role of the Board and Senior Management Chapter III - Guidelines for Appointment A. Number of Statutory Central Auditors...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/DoS/2026-27/447 DoS.CO.PPG.41/11.01.005/2026-27 July 31, 2026 Reserve Bank of India (Local Area Banks - Internal Audit Function) Directions, 2026 Table of Contents Introduction Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Role of the Board B. Role of the Senior Management Chapter III - Risk-Based Internal Audit Framework ...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/DoS/2026-27/449 DoS.CO.DSG.43/33.01.001/2026-27 July 31, 2026 Reserve Bank of India (Local Area Banks - Supervisory Returns) Directions, 2026 Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Governance and Oversight A. Role of the Board and Senior Management B. Data Architecture and IT Infrastructure C. Accuracy and Integrity in Reporti...
MUMBAI, India, July 31 -- Reserve Bank of India issued the following notification: RBI/DoS/2026-27/462 DoS.CO.CSITEG.56/31.01.015/2026-27 July 31, 2026 Reserve Bank of India (Non-Banking Financial Companies - Digital Payment Security Controls) Directions, 2026 Table of Contents Chapter I - Preliminary A. Short Title and Commencement B. Applicability C. Definitions Chapter II - Role of the Board A. Board Approved Policies Chapter III - General Controls A. Governance and Management of Securit...
India, July 29 -- The Government of India has issued a release: Year 2019-20 2020-21 2021-22 2022-23 2023-24 GERD (in 132,567.01 127,380.96 194,810.83 213,378.12 244,767.81 GERD as a percentage of 0.66 0.64 0.83 0.82 0.84 Share in total R&D 2019-20 2020-21 2021-22 2022-23 2023-24 Government Sector 66.2 63.6 54.5 52.0 48.2 Private Sector 33.8 36.4 45.5 48.0 51.8 Total 100.0 100.0 100.0 100.0 100.0 Share in total R&D 201...
India, July 29 -- The Government of India has issued a release: The expanse of the Harappan Civilization reduced and people living along the Indus River and the Ghaggar-Hakra River of Indus Valley Civilization (IVC) or Harappan Civilization migrated to the east Ganga plains, due to weak Indian Summer Monsoon (ISM) between ~5100 and 4000 cal yr Before Present (BP), where Present is 1950 CE. Understanding the vegetation dynamics and corresponding hydro-climate variability from the Garhwal Himala...
India, July 29 -- The Government of India has issued a release: Financial Year Scheme wise Budget Allocation (Rs. in Cr) Fund Utilization (Rs. in Cr) 2023-24 SERB: 1004.5 SERB: 1004.5 2024-25 SERB: 721 SERB: 721 2025-26 SERB: 538.25 SERB: 415.43 2026-27 SERB: 543.25 SERB: 26.01 Partner Organization Contribution by the Partner Organization (estimated) Status Gates Foundation Rs.450 crore LoI signed for the first phase. Wadhwani Foundation 100 Crore LoI signed Assorted ...
India, July 29 -- The Government of India has issued a release: The Government recognizes the importance of strengthening human-centric skills such as creativity, critical thinking, leadership, communication and teamwork in view of the growing adoption of Artificial Intelligence across industries. The long-terms and short-term skill training programs of the Ministry of Skill Development and Entrepreneurship (MSDE) emphasize upon non-cognitive competencies to ensure the Indian workforce remains ...
India, July 29 -- The Government of India has issued a release: The Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers, Government of India in collaboration with the Federation of Indian Chambers of Commerce & Industry (FICCI), is set to organise the 9th edition of India Medical Device 2026 on 7th and 8th August, 2026, at Vigyan Bhawan, New Delhi. The flagship event, themed "Towards Viksit Bharat: Advancing India as a Global Hub for Quality Medical Devices" will bring together p...