AGP Executive Report

Last update: 21 minutes ago

RBI Crackdown on Mis-selling: India’s central bank tightened rules on how banks and other lenders market and sell products, pushing for clear consent and banning confusing add-ons and manipulative digital sales tactics, with new directions effective Jan 1, 2027. RBI Liquidity & Inclusion Moves: RBI exempted banks from reserve ratios on fresh NRE term deposits (3 years+), and finalized Lead Bank Scheme norms to strengthen district and block-level credit planning for priority sectors. RBI Farm Credit Update: Kisan Credit Card guidelines were finalized with standardized crop-season timelines and a delayed implementation to Jan 1, 2027. Nepal CEO Pay Caps: Nepal Rastra Bank set limits tying bank CEO salary and benefits to institution size and employee costs, aiming to curb excessive compensation. Bangladesh-Swiss Deposit Surge: Swiss National Bank data shows Bangladesh-linked deposits in Swiss banks jumped 41% to CHF 834.16m (about Tk 127.5b), renewing money-laundering concerns. Bangladesh Banking Supervision Boost: Bangladesh Bank, with IFC and FIAS, ran a risk-based supervision workshop to strengthen oversight capacity. Crypto Fraud Warning: FBI Director Kash Patel warned crypto scammers will be tracked and prosecuted as losses keep rising. Banking Sector Tech/Deals: Axis Solutions launched smart EV charging firmware with dynamic load sharing and remote monitoring, while Finastra’s core banking unit is set for acquisition by Pollen Street.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 19, 2026

New report warns banking’s AI exposure is already here

AGP

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Jun. 19, 2026

Universal banking market seen reaching $14.8 trillion by 2034

AGP

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Jun. 18, 2026

Banking-as-a-Service market seen reaching $60 billion by 2033

AGP

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Jun. 16, 2026

Cleveland banking leader speaks at Black Is Tech conference on AI and digital finance

AGP


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Supervisory Data Quality Index score of small finance banks  and private sector banks drops

Supervisory Data Quality Index score of small finance banks and private sector banks drops

A lifetime of savings lost: How elder financial exploitation is challenging banks and families

A lifetime of savings lost: How elder financial exploitation is challenging banks and families


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Jun. 19, 2026

A Catastrophic Gap Has Been Identified at the Heart of Banking's AI Transition New Report Warns of Systemic Risk

EIN Presswire

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Jun. 19, 2026

NJ Department of Banking and Insurance Celebrates Opening of New Whippany Office for Regional Fraud Deterrence Division

New Jersey Department of Banking and Insurance

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Jun. 19, 2026

Universal Banking Market to Reach $14.8 Trillion Globally by 2034, Growing at 8.2% CAGR

EIN Presswire

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Jun. 19, 2026

ECB publishes consolidated banking data for end-December 2025

ECB - European Central Bank

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Jun. 18, 2026

Banking-as-a-Service Market to Reach $60 Billion Globally by 2033 at 17% CAGR

EIN Presswire

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Jun. 18, 2026

First Fed Bank Names Chris Walsh Chief Banking Officer

GlobeNewswire, Inc.

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