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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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Finance Business

Key Provisions of the Banking Regulation (Amendment) Or...

Banking Regulation (Amendment) Ordinance, 2020

The Banking Regulation (Amendment) Ordinance was promulgated on 26th June 2020 in furtherance of the commitment to maintain the safety of depositors a...

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Digital Banking

Data Analytics for Non-Performing Assets (NPA)

Experts representing co-operative banks are of the opinion that data analytics for the management of Non-Performing Assets will be one of the topmost prior...

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Digital Banking

Maintaining a balance between Digital Banking and Physi...

Digital banking and Physical banking

Banks and credit unions that lack digital options have found it tough to stay operational amid the Covid-19 pandemic. The pandemic has affected all those w...

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SEBI

SEBI Introduces the Framework for Regulatory Sandbox...

Regulatory Sandbox

The market regulator, Securities, and Exchange Board of India (SEBI) introduced the framework for regulatory sandbox on 5th June 2020. Under it, the entiti...

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Digital Banking NBFC

Advantages of Digitalization in NBFCs

Digitalization in NBFCs

The advancement of technology has transformed many industries and institutions. Financial institutions like NBFCs have also benefitted by emerging technolo...

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Digital Transformation

Digital Optimization: Advantages and Disadvantages

Digital Optimization

Today our world is more digital than the past. So, in order to excel in this digital era, businesses must adopt a robust digital approach. From financial i...

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