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RBI Notification

Draft Master Direction on Treatment of Wilful Defaulter...

The Reserve Bank of India's (RBI) Treatment of Wilful Defaulters and Large Defaulters Directions, 2023, is a comprehensive guide that outlines the procedur...

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RBI Notification

RBI’s New Scale-Based Regulation for NBFCs

Transition Path for NBFC

The Reserve Bank of India (RBI), on October 22, 2021, introduced a ground-breaking regulatory framework for Non-Banking Financial Companies (NBFCs) known a...

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RBI Notification

RBI Mandates Display of Secured Assets Acquired Under S...

Notification regarding Secured assets of RBI

Notification by (J.P. Sharma) Chief General Manager As part of its efforts to increase transparency, Reserve Bank regulated entities (REs) that are secured...

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RBI Notification

Display of information- Secured assets possessed under...

RBI issues notification regarding Display of information- Secured assets possessed under the SARFAESI Act, 2002

The notification was issued on 25 September 2023 to:- All commercial banks, such as small finance banks, Local Area Banks and Regional Rural Banks other th...

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RBI Notification

RBI allows Pre-Sanctioned Credit Lines through Unified...

RBI allows Pre-Sanctioned Credit Lines through Unified Payments Interface (UPI)

RBI has issued a notification dated 04.09.2023 allowing the pre-sanctioned credit lines at Banks through the Unified Payments Interface (UPI). The RBI ha b...

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RBI Notification

RBI Asks Banks Not to Levy Penal Interest Charges on Lo...

RBI Asks Banks Not to Levy Penal Interest Charges on Loan

What Does the RBI Say? According to the central bank, there should not be capitalization of penal charges, meaning no further interest computed on suc...

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RBI Notification

FLDG- RBI’s Statement on Developmental and Regula...

RBI's Statement on Developmental and Regulatory Policies

RBI released a developmental and regulatory policy statement on June 8, 2023. The objective of the plan is to encourage sustainability and stability in the...

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RBI Notification

Guidelines on Acquisition and Holding of Shares or Voti...

Banking Companies

On January 16, 2023, the Reserve Bank of India (RBI) published the guidelines on the purchase and possession of shares or voting rights in Banking Companie...

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