Category: RBI–Banks

Clipped from: https://www.financialexpress.com/industry/banking-finance/rbi-lays-down-eligibility-norms-for-entities-tapping-credit-bureau-data/2399492/ The rules say a company must be owned and controlled by resident Indian citizens to become a specified user with a credit bureau,

Clipped from: https://www.financialexpress.com/industry/banking-finance/cvc-expands-ambit-of-advisory-board-on-large-scale-bank-frauds/2400364/ Officials of the level of general managers and above, whole-time directors, including former officials or former whole-time directors are under the ambit of

lipped from: https://www.financialexpress.com/industry/banking-finance/rbi-releases-eligibility-criteria-for-specified-users-of-cics/2399394/ As per the requirements, a ‘specified user’ should be a company incorporated in India or a statutory corporation established in the country. The

Clipped from: https://www.financialexpress.com/industry/sme/msme-fin-nbfcs-seek-flexibility-in-msme-loans-refinancing-facility-for-onward-lending-to-small-businesses/2399612/ Credit and Finance for MSMEs: The RBI in November 2021 had asked lenders to classify borrower accounts as overdue as part of their

Clipped from: https://www.thehindubusinessline.com/money-and-banking/more-entities-can-tap-into-info-with-credit-information-companies/article38133288.ece RBI spells out eligibility criteria More entities will become eligible to tap into information with Credit Information Companies (CICs), going by the eligibility

Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-unveils-framework-to-enable-small-value-digital-payments-in-offline-mode/article38101776.ece?homepage=true Under this new framework offline payments can be made in face-to-face (proximity) mode only The Reserve Bank of India (RBI) on Monday issued

Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/will-2022-see-a-painful-end-to-the-bonhomie-between-the-centre-and-rbi/articleshow/88673502.cmsSynopsis The jugalbandi between RBI and GoI went well beyond the blurring of traditional boundaries that we saw elsewhere in the world, to something

Clipped from: https://economictimes.indiatimes.com/wealth/save/new-bank-locker-rules-effective-from-january-1-how-locker-customers-will-be-impacted/articleshow/88661956.cmsSynopsis Here is a look at the revised guidelines for bank lockers and its impact on locker users, as per the RBI notification. If

Clipped from: https://www.business-standard.com/article/finance/how-l-affaire-rbl-bank-may-impact-rbi-s-equation-with-entities-it-regulates-122010200992_1.html Private banks’ CEO tenures have been in the spotlight since the RBI released its discussion paper on governance in commercial banks in 2020

Clipped from: https://www.thehindubusinessline.com/money-and-banking/rbis-rejection-of-bids-at-g-sec-auction-saves-banks-from-more-mtm-losses/article38093434.ece Last traded yield of 10-year G-Sec was 6.45 per cent as on December-end 2021 The Reserve Bank of India (RBI) seems to have

Clipped from: https://www.thehindubusinessline.com/opinion/the-time-to-privatise-psu-banks-is-now/article38093641.ece PSU banks lag behind their private sector counterparts in most metrics. But the political will to privatise them is absent The RBI’s recently

Clipped from: https://www.business-standard.com/article/opinion/things-to-watch-out-for-in-2022-122010200876_1.html Cystal ball gazing for the trends and challenges for the banking sector in the New Year Yet another year, marked by the Covid-19