All posts tagged "RBI"
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102IndiaRBI Says Only Visa Complies With Data Localisation Rules
Visa is the only foreign card network that complies with requirements for financial data on Indian customers to be stored locally, the RBI says.
August 19, 2021 -
131IndiaRBI Loosens Restriction on Foreign Sovereign Bond Holdings
Foreign sovereign bonds will not count towards a regulatory cap on holdings of overseas listed securities, the RBI reportedly told some banks in a notice.
August 19, 2021 -
100IndiaRBI Launches New Index to Track Financial Inclusion Metrics
The Financial Inclusoin Index for the period ending March 2021 measures at 53.9, compared to 43.4 for the period ending March 2017.
August 18, 2021 -
71IndiaRBI Issues Consultation on Overseas Investments Rules
The central bank said it wants to further liberalise the regulatory framework for overseas investment and promote ease of doing business.
August 12, 2021 -
113IndiaSEBI Allows Payments Banks to Perform Investment Bank Activities
Payments banks will be able to accept application money, allotment or call money, and make payments of dividend or interest warrants.
August 10, 2021 -
103Capital RegulationIndia Progresses Key Deposit Insurance Reforms
The reforms will enable customers to access their deposits within 90 days if a bank is unable to fulfill its obligations due to a moratorium.
August 9, 2021 -
120Capital Regulation
RBI Extends Liquidity Facilities for Banks, NBFCs
The impacts of the second wave of the Covid-19 pandemic have been visible in the real estate sector, the RBI said. It is also monitoring stressed assets in the banking sector.
August 9, 2021 -
99India
RBI Extends Compliance Deadline on Current Account Restrictions
The extension is being provided to ensure customers are "not put to undue inconvenience during the implementation process".
August 9, 2021 -
143Feature
RBI Amends Guidelines to Facilitate LIBOR Transition
Banks are permitted to extend export credit using alternative rates. A change in the benchmark used in a derivatives contract need not be treated as a restructuring.
August 8, 2021 -
106India
RBI Issues Outsourcing Framework for Payment System Operators
Payment system operators may not outsource core management functions such as risk management, internal audit and KYC compliance.
August 5, 2021
