RBI Update – Prompt Corrective Action (PCA) Framework for Primary (Urban) Co-operative Banks (UCBs)
The existing Supervisory Action Framework (SAF) for UCBs has since been reviewed. Accordingly, the revised
RBI Update – Small Value Loans – Primary (Urban) Co-operative Banks (UCBs)
UCBs were required, inter alia, to have at least 50 per cent of their aggregate loans
RBI Update – Bank Finance against Shares and Debentures
Primary (Urban) Co-operative Banks (UCBs) were advised that the aggregate of their all loans against
RBI Update – Domestic Money Transfer – Review of Framework
The framework for Domestic Money Transfer (DMT) was introduced in 2011, vide RBI circular dated October
RBI Update – Master Directions on Fraud Risk Management in Non-Banking Financial Companies (NBFCs) (including Housing Finance Companies)
These Directions shall be called the Reserve Bank of India (Fraud Risk Management in NBFCs)
RBI Update – Master Directions on Fraud Risk Management in Urban Cooperative Banks (UCBs) / State Cooperative Banks (StCBs) / Central Cooperative Banks (CCBs)
These Directions shall be called the Reserve Bank of India (Fraud Risk Management in UCBs
RBI Update – Master Directions on Fraud Risk Management in Commercial Banks (including Regional Rural Banks) and All India Financial Institutions
These Directions shall be called the Reserve Bank of India (Fraud Risk Management in Commercial
RBI Update – Basel III Capital Regulations – Eligible Credit Rating Agencies (ECAI)
Banks are hereby permitted to use the ratings of the CRA for risk weighting their
RBI Update – Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)
It has been decided that Authorised Persons may facilitate remittances for all permissible purposes under
RBI Update – Export-Import Bank of India’s GOI-supported Line of Credit of USD 2.50 mn to the Government of Co-operative Republic of Guyana, for installation of Solar Photo Voltaic Power Plant at Cheddi Jagan International Airport
Export-Import Bank of India (Exim Bank) has entered into an agreement dated February 29, 2024