The caps apply to the charges imposed on borrowers of small-value loans by lending firms, financing companies and online lending platforms.
Central bank deposits will be excluded from total exposure when calculating the leverage ratio until the end of March 2024.
Greater flexibility is provided for investments in IPO stocks, low-unrated and rated and unrated bonds, and CoCo and TLAC bonds.
The NSI Act gives the government broader powers to scrutinise and intervene in acquisitions in 17 sectors that could give rise to national security risks.
The plan includes measures to strengthen fintech governance, enhance data capabilities, and establish a new 'green' data centre.
Anchor investors can only sell 50 percent of their allocated shares after 30 days. The remaining portion has a 90-day lock-in period.
SBI, ICICI Bank and HDFC Bank continue to be identified as D-SIBs, under the same bucketing structure as in the 2020 list.
The app is available in 12 cities and regions as well as the host cities for the Winter Olympics. Until now the app has only been available for download via private links.
HSBC reached an agreement with its joint venture partner to a remaining 50% equity interest in HSBC Life China in May 2020.
Banks should "at a minimum" consider four scenarios when calibrating their fraud management systems and account and transaction monitoring rules/parameters.