All posts tagged "RBI"
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657Capital RegulationRBI Defers Implementation of NSFR, Final Tranche of CCB
The delays are a result of "continuing stress on account of Covid-19", giving banks a further six months until 1 April 2021 to meet the higher requirements.
October 2, 2020 -
1.2KCapital RegulationIndia Establishes Netting Certainty for Bilateral OTC Derivatives
Parliament passed a bill providing legal basis for bilateral netting of OTC derivatives contracts which are not centrally cleared.
September 25, 2020 -
338India
India: Parliament Passes Bill on Cooperative Bank Superision
The bill is aimed at protecting depositors and allows the RBI to restructure a cooperative bank without a moratorium period.
September 22, 2020 -
1.2KFintech / RegtechIndia Contemplates Law Banning Cryptocurrency Trading
The government will still encourage blockchain, and is exploring its use to manage land records, pharmaceutical supply chains and educational records.
September 17, 2020 -
526FeatureIndia to Introduce New Interest Rate Derivatives Products
The new products will be accessible to FPIs as well as non-residents transacting with Indian market makers through intermediaries.
September 17, 2020 -
576Capital Regulation
RBI Orders Banks to Automate Asset Classification, Provisioning
The RBI has given banks until 30 June 2021 to upgrade their systems to automate all asset classification, provisioning calculation and income recognition processes.
September 16, 2020 -
1.0KIndia
RBI Sets Out Guidelines on Bank Compliance Function
The guidelines are aimed at ensuring a uniform approach with regard to compliance and risk management culture across the banking industry.
September 14, 2020 -
816Capital Regulation
India Supreme Court Temporarily Extends Borrower Relief
The extension gives the government two weeks to decide on whether to extend a loan moratorium for borrowers and whether an interest waiver is warranted.
September 11, 2020 -
645Capital Regulation
RBI Issues Framework for Covid-related Loan Restructuring
The framework sets out sector-specific floor and ceiling thresholds for five financial ratios that lenders mandatorily have to consider when restructuring loans.
September 9, 2020 -
543EnforcementIndia’s Enforcement Directorate Fines StanChart $13.6mn
Standard Chartered escrow accounts were used in 2007 to transfer shares in Tamilnad Mercantile Bank to overseas investors without the RBI's permission.
September 9, 2020
