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System Based Asset Classification for Urban Co-operativ...

Urban Co-operative Bank

In a recent notification released by the Reserve Bank of India (RBI), it has decided to implement a system based asset classification for Urban Co-operativ...

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Core Investment Company

RBI Notification: Revised Guidelines for Core Investmen...

Core Investment Companies

The Reserve Bank of India announced revised guidelines for Core Investment Companies mandating more disclosures, better management of risk, and a simpler g...

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RBI Notification

RBI Notification: Positive Pay Mechanism for Cheques...

RBI Notification

The Reserve Bank of India(RBI), while delivering a statement on Development and Regulatory Policies, notified that it is set to introduce an RBI Notificati...

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RBI Notification

RBI Notification: Offline Retail Payments using Cards/M...

RBI Notification

The Reserve Bank of India has proposed a scheme for making small-value payments in offline mode using debit cards, credit cards, and mobile devices. Under...

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RBI Notification

RBI Notification: Opening of Current Accounts by Banks...

RBI Notification

Stressing on the need for discipline, the Reserve Bank of India (RBI) disallowed banks from opening current accounts for customers who availed cash or over...

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News RBI Notification

Online Dispute Resolution System for Digital Payments...

Online Dispute Resolution

In a major development, the Reserve Bank of India (RBI) announced the introduction of the Online Dispute Resolution system for resolving disputes and griev...

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RBI Regulations

Master Circular on Scheme of Penalties for Bank Branche...

Penalties for bank branches

The Reserve Bank of India issued a master circular on the scheme of penalties for bank branches based on the performance in rendering the customer service...

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RBI Regulations

Fair Practices Code for Asset Reconstruction Companies...

Fair Practices Code

The Reserve Bank of India issued the Fair Practices Code for Asset Reconstruction Companies (ARC) on July 16, 2020.  It stated that these entities mus...

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