Reserve Bank of India

Capital / Liquidity

RBI Issues Revised Priority Sector Lending Guidelines

By Editors | 07/09/2020

The new guidelines will boost credit availability for startups, renewable energy, health infrastructure, small farmers, and “identified districts” with low credit flows.

Capital / Liquidity

RBI Loosens Constraints on Banks’ Bond-buying Activities

By Editors | 06/09/2020

The move will provide banks additional liquidity to buy more government bonds and help calm investors who are nervous about a sudden spike in yields.

Securities / Derivatives

SEBI Asks Rating Agencies Not to Classify Restructured Debt as Default

By Editors | 06/09/2020

Credit rating agencies are asked not to consider debt restructured as a result of Covid-19 related stress as a default event.

Market Infrastructure

India Planning Specialised Cyber Agency for Financial Sector

By Editors | 19/08/2020

The specialised agency was proposed in 2017 by then finance minister Arun Jaitley. On Saturday, Prime Minister Narendra Modi said India will soon have a new cyber security policy.

Market Infrastructure

RBI Issues Draft Framework on Recognition of Payments SROs

By Editors | 18/08/2020

Recognised self-regulatory organisations would be responsible for establishing minimum benchmarks and standards for the proper functioning of their member entities.

Market Infrastructure

RBI Allows Formation of New Umbrella Entities for Retail Payments

By Editors | 18/08/2020

The framework allows private firms to apply to set up a new umbrella entity to operate retail payment systems. Currently, only the NPCI operates such an entity.

Capital / Liquidity

RBI Adopts New Measures to Ease Covid-19 Financial Stress

By Editors | 06/08/2020

A new resolution framework will allow banks to continue to maintain the ‘standard’ classification for corporate borrowers in resolution rather than downgrade the account, among other measures.

Capital / Liquidity

RBI Warns of Rising Bad Loans, While Urging Against Risk Aversion

By Editors | 27/07/2020

In a ‘very severe shock’ scenario, 23 banks would fail to maintain the 9% capital-to-risk weighted assets ratio, and the NPA ratio would reach 14.7%.

RBI Sets Fair Practices Code for Asset Reconstruction Companies

By Duruthu E Chandrasekera | 19/07/2020

The new Code sets out transparent and fair procedures for when asset reconstruction companies acquire assets from banks, along with anti-harassment provisions to protect borrowers.