RBI Update : Inclusion of “Unity Small Finance Bank Limited” in the Second Schedule of the Reserve Bank of India Act, 1934
“Unity Small Finance Bank Limited” has been included in the Second Schedule to the Reserve
RBI Update: Requirement for obtaining prior approval in case of takeover/acquisition of control of non-bank PSOs and sale/transfer of payment system activity of non-bank PSO
The operations of non-bank PSOs (authorised to operate any Payment System) have been reviewed and
RBI Update: Note Sorting Machines – Authentication and Fitness Sorting Parameters
The Reserve Bank of India (RBI) has asked banks to test their note sorting machines
RBI Update: Provisioning Requirement for Investment in Security Receipts (SRs)
To provide a glide path to the entities which were kept out of the ambit
RBI Update: Restriction on Storage of Actual Card Data [i.e. Card-on-File (CoF)]
Reserve Bank of India (RBI) circulars dated March 17, 2020 and dated March 31, 2021 on “Guidelines on
RBI Update: Master Circular – Housing Finance for UCBs
The Reserve Bank of India (RBI) on 23rd June 2022 doubled the limit on home
RBI Update: Extension of timeline for implementation of certain provisions of Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022
It has been decided to extend the timeline for implementation of the following provisions of
RBI Update: Processing of e-mandates for recurring transactions
The e-mandate framework prescribed an Additional Factor of Authentication (AFA), inter alia, while processing the
RBI Update: Bank finance to Government owned entities
The Reserve Bank of India (RBI) on June 14 asked banks to comply with regulations
RBI Update : Punjab and Maharashtra Co-operative Bank Limited (Amalgamation with Unity Small Finance Bank Limited) Scheme, 2022 – Provisioning on interbank exposure and valuation of Perpetual Non-Cumulative Preference Shares (PNCPS) and Equity Warrants
The Reserve Bank on 10th June 2022 issued fresh provisioning norms for urban cooperative banks’ interbank exposure