RBI issues Master Direction – Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025 in suppression of previous Directions dated 18.10.2024
The Reserve Bank of India has issued the Master Direction – Reserve Bank of India (Access Criteria for NDS-OM) Directions, 2025 (“Master […]
RBI issues revised framework for imposing monetary penalty and compounding of offences under the Payment and Settlement Systems Act, 2007
The Reserve Bank of India (“RBI”) has issued a revised framework for imposing monetary penalty and compounding of offences under the Payment […]
RBI has issued a circular establishing regulatory prescriptions and institutional safeguards for prevention of financial frauds perpetrated using voice calls and SMS; REs to ensure compliance by 31st March, 2025
The Reserve Bank of India (“RBI”) has issued a Circular establishing regulatory prescriptions and institutional safeguards for prevention of financial frauds perpetrated […]
RBI amends Master Direction – Reserve Bank Of India (Regulatory Framework for Microfinance Loans) Directions, 2022
The Reserve Bank of India (“RBI”) has amended the Master Direction – Reserve Bank Of India (Regulatory Framework for Microfinance Loans) Directions, […]
RBI directs PSPs to review their payment systems / devices in terms of accessibility to Persons with Disabilities; action plan to be submitted by 11th November, 2024
The Reserve Bank of India (“RBI”) has issued guidelines on ‘Facilitating accessibility to digital payment systems for Persons with Disabilities’ to promote […]
RBI amends Master Direction – Non-Banking Financial Company – Account Aggregator; effective immediately
The Reserve Bank of India (“RBI”) has amended the Master Direction – Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions, 2016 […]
RBI launches PRAVAAH, RBI Retail Direct Mobile Application and FinTech Repository
The Reserve Bank of India has issued a press release informing the launch of PRAVAAH, RBI Retail Direct Mobile Application and FinTech […]
RBI directs NBFCs and other banking institutions to review practices regarding mode of disbursal of loans, application of interests etc. in the light of Fair Practices Code
The Reserve Bank of India (“RBI”) has issued a notification directing NBFCs and other banking institutions (“REs”) to review their practices regarding mode […]
RBI updates SBR Master Directions, 2023 to incorporate various circulars issued recently
The Reserve Bank of India (“RBI”) has amended the Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based […]
RBI directs Upper & Middle Layer NBFCs to streamline internal compliance monitoring function
The Reserve Bank of India (“RBI”) has issued a Notification on “Streamlining of Internal Compliance monitoring function – leveraging use of technology” […]
Payment Banks and Ways to Steer Clear from RBI’s Wrath – The Regulatory Regime
Reams have already been written on the RBI’s recent decision to impose stringent strictures on Paytm Payments Bank (‘Paytm’), virtually signalling its […]
RBI issues notification on “Credit/Investment Concentration Norms – Credit Risk Transfer”
The Reserve Bank of India has issued a notification on “Credit/Investment Concentration Norms – Credit Risk Transfer”. Background: The guidelines on Large […]