Category: RBI

Reserve Bank Integrated Ombudsman Scheme 2021 launched today

The Reserve Bank Integrated Ombudsman Scheme, 2021 launched today  The Reserve Bank Integrated Ombudsman Scheme, 2021 was launched today. The Scheme integrates the existing three Ombudsman schemes of RBI namely, (i) the Banking Ombudsman Scheme, 2006; (ii) the Ombudsman Scheme for Non-Banking Financial Companies, 2018; and (iii) the Ombudsman Scheme …

RBI is organising first global hackathon – HARBINGER 2021

RBI is organising first global hackathon – HARBINGER 2021 to solve the challenges in the payment and settlement landscape Reserve Bank is organising its first global hackathon – “HARBINGER 2021 – Innovation for Transformation” with the theme ‘Smarter Digital Payments’. The Hackathon invites participants to identify and develop solutions …

RBI revised regulatory framework for NBFCs 

 RBI revised regulatory framework for NBFCs. These guidelines shall be effective from October 01, 2022. The instructions relating to ceiling on IPO funding given vide para 3.1(d) of the Annex shall come into effect from April 01, 2022 Framework for Scale Based Regulation for Non-Banking Financial Companies Regulatory …

Calendar for Sovereign Gold Bond 2021-22 notified

Calendar for Sovereign Gold Bond 2021-22 notified A distinct Series (starting from Series VII) to be launched for every tranche which will be indicated on the Bond issued to the investor. The Sovereign Gold Bonds 2021-22 under this Scheme may be held by a Trust, HUFs, Charitable Institution, …

Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021

Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021 The Reserve Bank has issued the Master Direction – Reserve Bank of India (Transfer of Loan Exposures) Directions, 2021. These directions come into immediate effect replacing the existing instructions on the matter of sale / transfer of loan …