RESERVE BANK OF INDIA

AML / KYC

RBI Penalises Banks for Allowing Forex Scam

By Samuel Riding | 26/07/2016

Lenders must focus on better customer assessment to reduce probability of fraud, central bank says.

Market Infrastructure

RBI Sets up Fintech Regulation Panel

By Samuel Riding | 15/07/2016

Working group will assess current regulations and statutory provisions.

Market Infrastructure

Indian Auditor General Eyes Regulator’s Performance

By Samuel Riding | 05/07/2016

Comptroller says performance audits would mitigate the risk of financial frauds.

Market Infrastructure

Regulation Chief Appointed Deputy RBI Governor

By Samuel Riding | 29/06/2016

NS Vishwanathan currently responsible for bank and non-bank financial regulation.

Market Infrastructure

India Confirms to Follow Basel OTC Norms

By Samuel Riding | 24/06/2016

RBI issues draft guidelines based on BCBS framework; implementation set for April 2017.

Market Infrastructure

RBI Governor Rajan to Step Down

By Samuel Riding | 20/06/2016

RBI governor decides not to renew term, will return to academia.

Market Infrastructure

RBI Finalises Bad-loan Conversion Scheme

By Samuel Riding | 14/06/2016

Indian banks can convert up to half of loans held by corporate borrowers into securities.

AML / KYC

RBI Tells Banks to Implement Cybersecurity Plans

By Samuel Riding | 03/06/2016

Financial institutions told to put plans in place immediately, categorise their level of risk.

RBI Confirms FPIs Will Be Able to Invest in Unlisted Securities

By Samuel Riding | 18/05/2016

Central bank circular also details rules for allowing investment in securitised debt.