RESERVE BANK OF INDIA

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    Securities / Derivatives

    India’s Audit Regulator Probes IndusInd Bank for Irregularities

    By Nithya Subramanian | 23/06/2025

    NFRA has sent notices to the current and former auditors of IndusInd Bank, seeking complete audit files from as far back as 2017.

    Capital / Liquidity

    RBI Finalises Project Finance Rules for Banks, NBFCs

    By Manesh Samtani | 20/06/2025

    Provisioning norms for under-construction projects are set at 1%, compared to 5% in the draft proposed last year.

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    Securities / Derivatives

    RBI Probes Standard Chartered Over Derivatives Sales

    By Nithya Subramanian | 19/06/2025

    The RBI is reportedly concerned that some SME clients were not adequately informed of the risks associated with certain derivative products.

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    Fintech / Regtech

    RBI Issues New Framework for Electronic Trading Platforms

    By Nithya Subramanian | 18/06/2025

    Entities seeking RBI authorisation to operate ETPs must be incorporated in India and have a minimum net worth of INR 50 million.

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    Securities / Derivatives

    RBI Issues Draft Guidelines for Rupee Interest Rate Derivatives

    By Nithya Subramanian | 18/06/2025

    The consultation proposes expanded access for non-residents, streamlined reporting, and stronger oversight of offshore trades.

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    Fintech / Regtech

    RBI Simplifies KYC Rules for Low-Risk Customers

    By Nithya Subramanian | 16/06/2025

    Banks can use Business Correspondents to assist with collecting customer self-declarations regarding unchanged KYC details or address updates.

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    Capital / Liquidity

    RBI to Tighten LRS Rules to Prevent Wealth from Moving Overseas

    By Editors | 14/06/2025

    The RBI plans to tighten its remittance rules to curb the outward movement of passive wealth and protect India’s FX reserves.

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    Capital / Liquidity

    RBI Expands Large Exposure Exemptions to Boost PSL Compliance

    By Nithya Subramanian | 12/06/2025

    Banks can exclude contributions to NABARD, NHB, SIDBI, and MUDRA from large exposure limits when made to meet Priority Sector Lending targets

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    Capital / Liquidity

    RBI Lifts Restrictions on Banks Using Brickwork Ratings

    By Nithya Subramanian | 11/06/2025

    The decision lifts restrictions imposed in July 2024 that only allowed banks to use Brickwork Ratings for loans of up to INR 2.5 billion.

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    Capital / Liquidity

    RBI Discontinues Daily VRR Auctions as Bank Liquidity Improves

    By Editors | 10/06/2025

    The central bank is ending daily liquidity injections via VRR auctions in response to data showing that banking system liquidity is now in surplus.

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