RBI Update -Banking Regulation (Amendment) Act 2020 – Change in Name of Co-operative Banks
A cooperative bank desirous of change in its name shall approach the Department of Supervision
RBI Update – Joining the Account Aggregator Ecosystem as a Financial Information User
It has been observed that certain entities, which are eligible to join Account Aggregator (AA)
RBI Update – Review of Financial Information Provider (FIP) under Account Aggregator Framework
The paragraph 3(1)(xi) of Master Direction – Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions,
RBI Update – Review of Instructions on Bulk Deposits for Regional Rural Banks (RRBs)
“Bulk Deposit” for Regional Rural Banks would now mean Single Rupee term deposits of Rupees
RBI Update – Non-Callable Deposits – Master Direction on Interest Rate on Deposits
It has been decided that the minimum amount for offering non-callable TDs may be increased
RBI Update -Framework for compensation to customers for delayed updation/ rectification of credit information
The Reserve Bank of India (RBI) on October 26 released the framework for compensation to
RBI Update – Strengthening of customer service rendered by Credit Information Companies and Credit Institutions
It was announced that a comprehensive framework will be put in place for strengthening and
RBI Update – Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021: Presentation of unclaimed liabilities transferred to Depositor Education and Awareness (DEA) Fund
The ‘Notes and Instructions for compilation’ given in Annex II to the Reserve Bank of India
RBI Update- Appointment of Whole-Time Director(s)
‘Corporate Governance in Banks – Appointment of Directors and Constitution of Committees of the Board’.
RBI Update – Reserve Bank of India (Non-Banking Financial Company– Scale Based Regulation) Directions, 2023
The Reserve Bank of India, having considered it necessary in the public interest, and being