Reserve Bank of India

Securities / Derivatives

RBI Consolidates Norms for Currency Derivatives

By Ajoy K Das | 06/01/2024

Retail users can be classified as non-retail if an authorised dealer is satisfied that they have the requisite risk management capabilities.

Capital / Liquidity

RBI Proposes to Tighten Dividend Payout Norms for Banks

By Ajoy K Das | 04/01/2024

For a bank to distribute dividends, its net NPA ratio must be below 6%, with the maximum payout ratio capped at 50%.

Fintech / Regtech

RBI Offers 10-Point Checklist for AI Deployment in Banking

By Ajoy K Das | 04/01/2024

M Rajeshwar Rao said the banking sector needs to address concerns over the fairness, transparency and governance or AI models.

Securities / Derivatives

RBI Issues Draft Directions on Bonds Forwards in G-Secs

By Ajoy K Das | 03/01/2024

Resident and non-residents who are eligible to invest in government securities will also be eligible to undertake bond forward transactions.

Securities / Derivatives

RBI Issues New Rules for Financial Benchmark Administrators

By Ajoy K Das | 02/01/2024

Financial benchmark administrators operating in India must seek authorisation from the RBI within three months.

Capital / Liquidity

RBI Includes EXIM Bank, NaBFID as NDBs for NSFR Computation

By Ajoy K Das | 02/01/2024

EXIM Bank and NaBFID are now considered as National Development Banks for the purpose of NSFR computation.

RBI Issues Master Direction on Internal Ombudsman Mechanism

By Ajoy K Das | 02/01/2024

The master direction is aimed at strengthening internal grievance redressal systems at regulated entities.

Capital / Liquidity

RBI Moves SBI and HDFC to Higher Buckets on D-SIBs List

By Nithya Subramanian | 29/12/2023

SBI and HDFC will have to maintain higher CET1 requirements from 1 April 2025. ICICI remains in the same bucket.

Securities / Derivatives

RBI Finalises Rules for G-Sec Borrowing and Lending

By Ajoy K Das | 28/12/2023

Securities issued by the central government excluding Treasury Bills are eligible for lending and borrowing in GSL transactions.