Reserve Bank of India

Fintech / Regtech

RBI Developing New Unified Platform to Facilitate Lending

By Ajoy K Das | 28/08/2024

The so-called “Unified Lending Interface” will provide lenders digital access to customer data from land records and other sources.

Securities / Derivatives

RBI Issues Recognition Framework for Financial Market SROs

By Ajoy K Das | 20/08/2024

SROs would be expected to “be an ally” to the RBI in ensuring better compliance with regulatory guidelines and for detection of early warning signals.

Fintech / Regtech

RBI Tightens Rules for P2P Lending Platforms

By Ajoy K Das | 19/08/2024

P2P lending platforms are now prohibited from providing credit guarantees, assuming credit risk, or offering liquidity options.

Securities / Derivatives

GIFT City to Commence Sovereign Green Bond Trading “Very Soon”

By Ajoy K Das | 16/08/2024

RBI governor said sovereign green bond trading will be operationalised in GIFT City “very soon”, likely in the second half of the current fiscal year.

Capital / Liquidity

RBI Tightens Norms for HFCs to Align with NBFCs

By Ajoy K Das | 14/08/2024

The regulatory changes, effective January 2025, cover requirements on liquid assets and handling of public deposits, among other areas.

Fintech / Regtech

RBI Proposes to Introduce Public Repository for Digital Lending Apps

By Ajoy K Das | 13/08/2024

The repository will serve as a comprehensive list of digital lending apps that are operated by RBI regulated entities such as banks and NBFCs.

RBI Shortens Frequency of Credit Reporting to 15 Days

By Ajoy K Das | 08/08/2024

Contraventions by credit information companies and credit institutions to attract penal action The Reserve Bank of India (RBI) has issued […]

Securities / Derivatives

RBI Asks Banks to Refrain from Large Bets Against Rupee – Report

By Ajoy K Das | 08/08/2024

RBI officials asked banks to “consider the existing position size the risk limit”, indicating it did not want them to add to existing bets against the rupee.

Capital / Liquidity

RBI Proposes Regulatory Principles for Managing Credit Models

By Ajoy K Das | 06/08/2024

Lenders using models from third parties have to ensure the contractual arrangements allow supervisory evaluations of the models by the RBI.