RBI Update: Priority Sector Lending (PSL) targets / sub-targets and contribution against shortfall in achievement of PSL targets – Primary (Urban) Co-operative Banks (UCBs) – Extension of time
In order to address implementational challenges faced by the UCBs and to make the transition
RBI Update: Guidelines on Default Loss Guarantee (DLG) in Digital Lending
The Reserve Bank came out with guidelines on default loss guarantee (DLG) in digital lending,
RBI Update: Framework for Compromise Settlements and Technical Write-offs
It has been decided to issue a comprehensive regulatory framework governing compromise settlements and technical
RBI Update: Rationalization of Branch Authorisation Policy for Urban Co-operative Banks (UCBs)
In order to rationalise the process of branch opening and to enable the UCBs to
RBI Update: Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021-Review
It has been decided that henceforth, Scheduled Commercial Banks (excluding small finance banks and payment
RBI Update: Expanding the Scope of Trade Receivables Discounting System
The Reserve Bank on Wednesday expanded the trade receivables discounting system (TReDS) by permitting insurance
RBI Update : LIBOR Transition
The Reserve Bank of India on 12th May 2023 states that banks financial institutions to ensure that new
RBI Update: Master Circular – Basel III Capital Regulations
Master Circular dated April 1, 2022, consolidating therein the prudential guidelines on Basel III capital
RBI Update: Formalisation of Informal Micro Enterprises on Udyam Assist Platform
New Definition of Micro, Small and Medium Enterprises – clarifications’ wherein all lenders were advised
RBI Update – Levy of charges on forex prepaid cards/store value cards/travel cards, etc
The use of International Debit Cards/Store Value Cards/Charge Cards/Smart Cards or any other instrument that