RBI

  • RBI

IWG report to RBI-Large NBFCs may be converted into banks, promoters stake can be increased in bank 

IWG submits report to RBI. Large NBFCs may be converted into banks, promoters’ stake can be increased in bank  Reserve…

3 years ago
  • RBI

RBI relaxes provisions for Housing Finance Institutions

RBI relaxes provisions for Housing Finance Institutions. Net owned fund of 20 crore rupees specified to commence business RESERVE BANK…

3 years ago
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Compounding of Contraventions under FEMA. Delegation of powers to RBI Regional Offices

Compounding of Contraventions under FEMA. Delegation of powers to RBI Regional Offices Foreign Exchange Management Act, 1999 (FEMA)- Compounding of…

4 years ago
  • RBI

Co-Lending by Banks and NBFCs to Priority Sector

Co-Lending by Banks and NBFCs to Priority Sector RBI in its Third Bi-Monthly Monetary Policy Statement 2018-19 introduced the Co-origination…

4 years ago
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Govt. Scheme for grant of ex-gratia payment of difference between compound / simple interest for 6 months

Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months period to borrowers…

4 years ago
  • RBI

Revised risk weights for new housing loans sanctioned from 16.10.2020 to 31.03.2022

Revised risk weights for new housing loans sanctioned from 16.10.2020 to 31.03.2022.  RBI rationalises Risk Weights for Individual Housing Loans …

4 years ago
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Sovereign Gold Bond Scheme 2020-21. Terms & Procedure for making application

Sovereign Gold Bond Scheme 2020-21. Terms & Procedure for making application Sovereign Gold Bond Scheme 2020-21 What is Sovereign Gold…

4 years ago
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Government constitutes Monetary Policy Committee of the Reserve Bank of India

Government constitutes Monetary Policy Committee of the Reserve Bank of India MINISTRY OF FINANCE(Department of Economic Affairs) NOTIFICATION New Delhi,…

4 years ago
  • RBI

RBI allows Kotak Mahindra Bank MD/CEO Uday Kotak to remain on Board of ILFSL

RBI allows Kotak Mahindra Bank Managing Director and CEO Uday Kotak to remain on Board of ILFSL as NED up…

4 years ago
  • RBI

Banks to automate Income Recognition, Asset Classification & Provisioning processes

Banks to automate Income Recognition, Asset Classification & Provisioning processes Reserve Bank of India (RBI), in order to ensure the…

4 years ago