ADVERTISEMENT
Securities / Derivatives
RBI Adjusts Bank Capital Market Exposure Norms
By Ajoy K Das | 07/05/2024
The RBI said the move to T+1 settlement prompted a review of the existing guidelines on the issuance of IPCs by banks.
Capital / Liquidity
RBI Allows Standalone Primary Dealers to Borrow Forex
By Ajoy K Das | 06/05/2024
Standalone primary dealers can now borrow FX from their parent companies and other authorised entities.
Capital / Liquidity
RBI Proposes Higher Provisions for Projects Under Construction
By Ajoy K Das | 05/05/2024
The RBI proposes to require higher provisions for financing of projects in the construction phase, even if not overdue or stressed.
Fintech / Regtech
RBI Updates Expectations on Operational Risk Management
By Ajoy K Das | 03/05/2024
The updated guidance note better aligns with the BCBS principles and extends applicability to regulated entities beyond just banks.
Securities / Derivatives
RBI Issues Draft Framework for Electronic Trading Platforms
By Ajoy K Das | 02/05/2024
ETPs operated from outside India by an operator incorporated outside India may seek authorisation to provide platform access to Indian residents.
Fintech / Regtech
RBI Removes Ban on Lending Products by Bajaj Finance
By Ajoy K Das | 02/05/2024
The RBI had directed Bajaj Finance, one of India’s largest consumer lenders, to stop disbursing loans under two lending products in November.
RBI Directs Lenders to Repay Customers for “Excess” Interest
By Ajoy K Das | 01/05/2024
Lenders are directed to refund excess interest, review existing practices, and make system level changes to prevent unfair interest charges.
Securities / Derivatives
RBI Allows SFBs to Hedge with Interest Rate Derivatives
By Ajoy K Das | 30/04/2024
Until now, small finance banks have only been permitted to use interest rate futures for hedging.
Capital / Liquidity
RBI Sets Guidelines for SFBs to Transition into Universal Banks
By Ajoy K Das | 30/04/2024
Small finance banks can apply to transition into universal banks, subject to them meeting certain conditions.
Fintech / Regtech
RBI Issues Draft Guidelines for Loan Aggregation Services
By Ajoy K Das | 29/04/2024
The RBI said borrowers may not know the identity of potential lenders when using loan aggregation services.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team