The RBI expects to benefit from the membership of NGFS by learning from and contributing to global efforts on green finance.
Banks will have until 1 October 2021 to comply with new rules capping the tenure of top executives at 15 years.
American Express and Diners Club were found to be non-compliant with the RBI's 2018 directions requiring payment system data to be stored onshore.
Banks will be limited to paying only 50% of the amount prescribed in a 2005 circular, which already caps dividends at a 40% payout ratio.
The RBI has set up an expert panel that will review the role of asset reconstruction companies in the resolution of stressed assets.
SEBI says Yes Bank misled individual investors into buying risky AT1 bonds and did not inform them of the risks involved or conduct risk profiling.
Digital wallet providers and card networks will be able to directly connect to the RTGS and NEFT systems.
While the RBI has often purchased government securities, this is the first time it has committed to an amount upfront.
ByteDance is required to deposit around $10.6mn in a state-run bank, the amount tax authorities claim the company owes.
The RBI has asked the payments provider Mobikwik to carry out an immediate forensic audit following allegations of a data breach.
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