Updates under RBI as on 27th Feb 2020.
External Benchmark Based Lending – Medium Enterprises In terms of which all new floating rate
RBI Updates Micro, Small and Medium Enterprises (MSME) sector – Restructuring of Advances
It has been decided to extend the one-time restructuring of MSME advances permitted. Accordingly, a
RBI Updates Interest Subvention Scheme for MSMEs
It has been decided by the Government of India to bring, inter alia, following modifications
RBI Updates Enhancing Security of Card Transactions
Over the years, the volume and value of transactions made through cards have increased manifold.
RBI Updates Hedging of Commodity Price Risk and Freight Risk in Overseas Markets (Reserve Bank) Directions, 2018 – Amendment
Report to Reserve Bank Banks shall submit a quarterly report to the Chief General Manager, Financial
RBI Updates Supervisory Action Framework for Primary (Urban) Co-operative Banks (UCBs)
The main features of the revised SAF are indicated herein below: Thresholds/triggers and Supervisory Action
RBI Updates Risk Management and Inter-bank Dealings- Permitting AD Cat-I banks to voluntarily undertake user and Inter-Bank transactions beyond onshore market hours
Customer and inter-bank transactions beyond onshore market hours Authorised dealers may undertake customer (persons resident
RBI Updates Reporting of OTC Currency Derivative transactions to trade repository
It has now been decided that all client transactions in currency derivatives, including those with
Updates under RBI as on 31st Dec 2019.
India is progressing ahead with NETC gaining large scale acceptance. Currently, the NETC system allows
RBI Updates Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017
It has been decided that (i) The aggregate exposure of a lender to all borrowers