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RBI Governor Sanjay Malhotra said there is no plan to revisit new norms on bank funding for brokers and ruled out systemic risk from the Rs 590 crore IDFC First Bank fraud. He affirmed banks are well capitalised and inflation-targeting framework remains unchanged.

IDFC First Bank reported unauthorized transactions by employees at its Chandigarh branch, impacting Haryana government accounts by approximately Rs 590 crore. While the bank investigates and plans recovery, the RBI assures no systemic issue.

Banks across India will observe closures on various holidays throughout the year. These include national and state-specific observances, as well as special events like elections. Municipal elections in Jharkhand on February 23, 2026, will lead to bank closures there. Customers should plan transactions accordingly, as some services require branch visits.

Sovereign Gold Bonds (SGBs) premature redemption dates: The Reserve Bank of India (RBI) has issued the details of the Sovereign Gold Bond (SGB) tranches that are scheduled for premature redemption from April 2026 to September 2026.

Invesco MF's Vikas Garg sees a tactical opportunity in gilt funds amid attractive spreads, with the 10-year G-sec yield expected in the 6.60%-6.80% range. He flags yield curve steepening, OMOs support, and limited scope for further RBI rate cuts.

The U.S. dollar now holds just 56.32% of global foreign exchange reserves -- the lowest since 1995. Down from 72% in 2001, central banks managing $12 trillion are quietly diversifying. Gold purchases topped 1,000 tonnes annually for three straight years. BRICS nations are settling trade outside the dollar. America's financial monopoly isn't collapsing -- but its grip is loosening, one percentage point at a time.

IDFC First Bank ended 16% lower on Monday--their worst fall since March 2020--after the lender uncovered a Rs 590-crore fraud at its Chandigarh branch involving Haryana government-linked accounts. The bank suspended four officials, initiated forensic audits, and filed complaints, while the RBI said the incident poses no systemic risk.

The announcement follows Airtel Money receiving its NBFC licence from the RBI on February 13, formally enabling the telecom major to scale its digital lending ambitions

Bondholders looking to exit their Sovereign Gold Bonds (SGBs) ahead of the usual eight-year tenure can apply for premature redemption within the specific application periods notified for each tranche., Personal Finance, Times Now

RBI Governor Sanjay Malhotra said the regulator is closely monitoring the situation but there is no broader threat to financial stability.