All posts tagged "RBI"
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295Capital RegulationRBI Warns of Rising Bad Loans, While Urging Against Risk Aversion
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%.
July 27, 2020 -
410India
RBI Sets Fair Practices Code for Asset Reconstruction Companies
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.
July 20, 2020 -
484Capital Regulation
RBI Directs Banks to Conduct Stress Tests, Raise Capital
RBI Governor Shaktikanta Das said minimum capital requirements may not be sufficient to absorb losses and maintain financial stability.
July 15, 2020 -
715India
RBI Asks Banks, NBFCs to Adopt New Classification Norms for MSMEs
Banks and NBFCs have to classify enterprises as micro, small or medium based on new thresholds for turnover and investment in plant and machinery or equipment.
July 3, 2020 -
343Capital Regulation
India Brings Cooperative Banks Under RBI Oversight
Under the Banking Regulation Act amendments, cooperative banks can also undertake merger and restructuring activities more easily and access to fundraising channels.
June 29, 2020 -
1.1KFintech / Regtech
RBI Issues Guidelines on Use of Digital Lending Platforms
Digital lending platforms often do not disclose the name of the bank or NBFC providing the loaned funds. Under the new rules they will have to.
June 26, 2020 -
850Capital Regulation
RBI Unveils Regulatory Framework for Housing Finance Companies
The new framework introduces enhanced capital and liquidity requirements for HFCs, and restrictions on intra-group exposures, among other changes.
June 20, 2020 -
1.2KFintech / RegtechIndia Considers Next Steps to Regulate Cryptocurrency
Market commentators believe that a recent Supreme Court decision has prompted the government to work towards a new regulatory approach, rather than an outright ban.
June 17, 2020 -
259EnforcementIndia Proposes to Decriminalise Bounced Cheques
Currently in India, bounced cheques can carry a jail sentence of up to two years and a fine up to twice the value of the cheque, or both.
June 16, 2020 -
342India
RBI Reassesses Ownership, Control, Governance at Private Sector Banks
The RBI has released a discussion paper proposing reforms to improve bank governance, and has formed a working group to review rules on private sector bank ownership and control.
June 15, 2020
