RBI Update – Prompt Corrective Action (PCA) Framework for Non-Banking Financial Companies (NBFCs) – Extension to Government NBFCs
Reserve Bank of India introduced the PCA Framework for NBFCs on December 14, 2021. The Framework has since
RBI Update – Gold Loan – Bullet Repayment – Primary (Urban) Co-operative Banks (UCBs)
It has been decided to increase the monetary ceiling of gold loans that can be
RBI Update – Status of March 31, 2024 for Government transactions through integration with e-Kuber
The ‘e-Kuber’ which is the Core Banking Solution platform of RBI for Government and other
RBI Update – Display of information – Secured assets possessed under the SARFAESI Act, 2002
It has been decided that the Regulated Entities (REs) of the Reserve Bank which are
RBI Update- Data Quality Index for Commercial and Microfinance Segments by Credit Information Companies
It has been decided that Credit Information Companies (CICs) shall prepare Data Quality Index (DQIs) for the Commercial and
RBI Update – Responsible Lending Conduct – Release of Movable / Immovable Property Documents on Repayment/ Settlement of Personal Loans
The Regulated Entities (RE) shall release all the original movable/immovable property documents and remove charges
RBI Update – Operation of Pre-Sanctioned Credit Lines at Banks through Unified Payments Interface (UPI)
The Statement on Developmental and Regulatory Policies dated April 06, 2023, expanding the scope of UPI
RBI Update – Enhancing Transaction Limits for Small Value Digital Payments in Offline Mode
As announced in the Statement on Development and Regulatory Policies dated August 10, 2023, the upper
RBI Update- Review of Regulatory Framework for IDF-NBFCs
Infrastructure Debt Fund-NBFCs (IDF-NBFCs) will now be required to have a net owned fund (NOF)
RBI Update- Reset of Floating Interest Rate on Equated Monthly Instalments (EMI) based Personal Loans
Regulated Entities are advised to put in place an appropriate policy framework meeting the following