RBI issues framework for outsourcing payment and settlement activities by PSOs
The Reserve Bank of India (RBI) has issued a framework for payment and settlement related activities by payment system operators (PSOs)....
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- Jul 12, 2021
RBI directs transition from LIBOR
The Reserve Bank of India (RBI) has directed banks to transition from the London Interbank Offered Rate (LIBOR). The regulator has...
- Jul 7, 2021
RBI announces outsourcing rules for cooperative banks
The Reserve Bank of India (RBI), while issuing guidelines for the management of the risk associated with outsourcing financial services...
- Jun 29, 2021
RBI prescribes guidelines on distribution of dividends by NBFCs
The Reserve Bank of India (RBI) has prescribed guidelines relating to the distribution of dividend by NBFCs. The guidelines will become...
- Jun 15, 2021
RBI Extends Risk-Based Internal Audit To Housing Finance Companies
The RBI in order to enhance the effectiveness and quality of the internal audit system of housing finance companies, extended the Risk...
- May 26, 2021
RBI Issues Norms for Merging District Co-operative Banks with State Entities
The Reserve Bank of India (RBI) has notified the Banking Regulation (Amendment) Act, 2020, with effect from April 1, 2021. As per the...
- May 6, 2021
RBI issues notification to resolve COVID-19 related stress on MSMEs
The Reserve Bank of India (RBI) has issued a notification to financial institutions extending the facility of restructuring existing...
- Apr 29, 2021
RBI issues notification to banks regarding payment of dividends
Given the intensity of the ongoing COVID-19 wave, the RBI has issued a notification to all commercial and co-operative banks, directing...
- Apr 15, 2021
RBI issues notification on Asset Classification and Income Recognition following COVID-19 regulatory
Following the Supreme Court decision judgement in the matter of Small Scale Industrial Manufacturers Association vs UOI & Ors. and other...
- Apr 9, 2021
RBI Monetary Policy Updates
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has announced the outcome of its monetary policy review, in its first...
- Feb 22, 2021
RBI permits remittances to international financial services centres
The Reserve Bank of India has allowed Indian residents to make remittances to international financial services centres (IFSCs) under the...
- Feb 22, 2021
RBI announces rules for housing finance companies
The Reserve Bank of India has issued Master Direction-Non-Banking Financial CompanyHousing Finance Company (Reserve Bank) Directions,...
- Feb 20, 2021
RBI imposes stricter norms for e-payments
The Reserve Bank of India has proposed stricter norms regarding payment security, imposing more responsibility on banks and other related...