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.
The new reporting requirements set the stage for taking a leap for better disclosures in the ESG space in India, SEBI said.
Companies are required to disclose their cryptocurrency dealings as well as profits and losses on these transactions in their financial statements.
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