Reserve Bank of India

KYC & CDD

SEBI Takes Call for Unified KYC to Finance Ministry

By Samuel Riding | 06/04/2016

Regulator asks ministry to allow acceptance of bank KYC for fund accounts.

KYC & CDD

India to Simplify Securities KYC

By Samuel Riding | 21/03/2016

SEBI proposes to scrap requirement for fresh KYC if investors already have a bank account.

Credit Risk

India Revises MSME Loan Resolution Rules

By Samuel Riding | 18/03/2016

Banks required to set up regional committees on stressed loans to micro, small and medium-sized enterprises.

Fraud, Scams & Cybercrime

Indian Banks Urge Use of Big Data on Bad Loans

By Editors | 11/03/2016

Lenders ask Reserve Bank of India to use big data for fraud detection and information sharing.

Payments & Settlements

SWIFT Launches India Service

By Samuel Riding | 04/03/2016

RBI-regulated joint venture includes nine Indian banks; to host data onshore.

Data Privacy

RBI Issues Account Aggregator Guidelines

By Samuel Riding | 04/03/2016

Only non-bank finance companies will be able to provide service restricted to ‘regulated’ assets

Capital Adequacy

Basel III Estimated to Boost Indian Banks’ Lendable Assets by $59bn

By Samuel Riding | 03/03/2016

Banks welcome potential INR400 billion increase in core capital created by Basel III implementation.

Credit Risk

RBI Eases Debt Restructuring Requirements

By Samuel Riding | 26/02/2016

Central bank gives lenders more time to exit company stakes converted from loans under SDR scheme.

Credit Risk

India Could Further Recapitalise State-run Banks

By Samuel Riding | 16/02/2016

Prime minister meets officials to discuss impact of bad loans after losses at under-pressure lenders.