All posts tagged "RBI"
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215Capital / LiquidityRBI Adopts Four Tier Regulatory Framework for UCBs
A four-tiered regulatory framework is being adopted for urban cooperative banks based on size of deposits of the banks and their area of operations.
July 24, 2022 -
393AML / KYCIndia, Indonesia to Work Towards Establishing Payment Linkages
The RBI and Bank Indonesia will cooperate in areas such as cross-border payments, digital innovation, and AML/CFT.
July 20, 2022 -
529Fintech / Regtech
RBI Grants First In-Principle Approvals for Payment Aggregator Licence
Razorpay, Pine Labs, Stripe, and 1Pay Mobileware are among those that have received the in-principle approval.
July 18, 2022 -
1.1KAML / KYCWhy India Does Not Use Sanctions
India's attitudes against isolating Russia arise from its strategic interests with Moscow and a long history as a recipient of sanctions, says Mathew Chemplayil.
July 13, 2022 -
492AML / KYC
India Enables Rupee Settlement Mechanism for International Trades
The mechanism allows international trades to be invoiced and settled using the rupee, enabling India to buy Russian oil without US sanctions exposure.
July 13, 2022 -
354Capital / Liquidity
RBI Announces Measures to Cushion Falling Rupee
The RBI has exempted FPIs from a cap on investments in government securities and corporate bonds. FPIs can also buy short-duration corporate debt.
July 10, 2022 -
558Fintech / Regtech
RBI Issues Draft Rules on Managing IT Outsourcing Risks
Regulated entities don't require specific approvals to outsource IT services, but appropriate policies and a risk management framework must be in place.
June 29, 2022 -
384Capital / Liquidity
RBI to Require Banks to Use ECL Approach in Provisioning
Banks were initially due to use the ECL approach to estimate and provision for credit losses from 1 April 2018, but the RBI had deferred implementation.
June 28, 2022 -
312India
RBI Gets Recommendations on Streamlining Regulatory Requirements
The RBI's Regulations Review Authority has also recommended the total elimination of paper-based returns.
June 26, 2022 -
353Fintech / Regtech
RBI 2025 Vision Targets Growth in Digital Payments
The vision document outlines plans to introduce a framework for regulating all "significant intermediaries" in the payments ecosystem, as well as regulations for bigtech, fintechs and BNPL.
June 24, 2022
