Reserve Bank of India

RBI to Share KYC, AML Reports with Intelligence Bureau

By Samuel Riding | 08/01/2016

India’s central bank succumbs to pressure to share information on bank KYC, AML evaluations.

Financial Inclusion Could Damage Banking Sector: FSDC

By Samuel Riding | 23/12/2015

India’s push for financial inclusion could threaten the profitability of public sector banks, report says.

India Moots Tighter Loan Provisioning Rules

By Samuel Riding | 21/12/2015

RBI proposes banks increase provisions for loans to customers with ‘sub-standard’ borrowing from other lenders.

Indian Banks Face Pressure to Name Defaulters

By Samuel Riding | 18/12/2015

Supreme Court says information cannot be withheld on grounds of bank rules and confidentiality.

SEBI to Set Fund Commission Rules, Discussing Crowdfunding

By Samuel Riding | 08/12/2015

Indian market regulator frustrated by mutual fund association delays; expects to introduce crowdfunding proposals next month.

Indian Banks Challenge Base Rate Proposals

By Samuel Riding | 07/12/2015

State Bank says lenders want rule linking base rates to marginal cost of funds to be reconsidered.

India Probes HSBC Accounts Over Money Laundering Concerns

By Samuel Riding | 24/11/2015

Indian central bank conducted investigation into books of accounts between March and April 2015.

RBI Introduces 5% Rule on Bank Stakes

By Samuel Riding | 19/11/2015

Investors seeking stakes of more than 5 percent in private lenders will require central bank approval.

India to Issue Guidelines on Cross-currency Trading

By Samuel Riding | 17/11/2015

Regulators also propose to extend exchange hours beyond 5pm to allow domestic markets to benefit during peak global trading.