Tag: rbi guidelines
Fair Practices Code for Asset Reconstruction Companies – RBI Guidelines RBI has issued ‘Fair Practices Code’ for Asset Reconstruction Companies registered with it. Companies has been advised to adopt the Code to ensure transparency and fairness in their operations. Fair Practices Code for Asset Reconstruction Companies In order …
RBI extends timeline for compliance with various payment system requirements Extension of timeline for compliance with various payment system requirements Reserve Bank of India (RBI) had in past issued instructions on Master Direction on Issuance and Operation of Prepaid Payment Instruments (PPI-MD), enhancing security of card transactions, harmonisation …
RBI revised guidelines for concurrent audit of banks-Scope, coverage of business/branches, minimum items / area of coverage, etc. RBI has revised guidelines for concurrent audit of banks. Accountability to be fixed in serious acts of omission/commission RBI revised guidelines for concurrent audit of banks RESERVE BANK OF INDIA …
RBI Guidelines on Minimum level of loan component and Effective date With a view to enhance credit discipline among the larger borrowers enjoying working capital facility from the banking system, RBI has issued final guidelines for delivery of bank credit for such borrowers RBI Final Guidelines on Loan …
