Payment Banks and Ways to Steer Clear from RBI’s Wrath – The Regulatory Regime by Lexplosion | Feb 13, 2024 | Compliance, Legal analysis, NBFCReams have already been written on the RBI’s recent decision to impose stringent strictures on... Read More
RBI issues notification on “Credit/Investment Concentration Norms – Credit Risk Transfer” by Lexplosion | Feb 1, 2024 | Central, NBFCThe Reserve Bank of India has issued a notification on “Credit/Investment Concentration Norms –... Read More
RBI rolls out Master Direction on Information Technology Governance, Risk, Controls and Assurance Practices to regulate NBFCs/ CICs etc.; gains effect from 01.04.2024 by Lexplosion | Nov 15, 2023 | Central, NBFC, OPSThe Reserve Bank of India (“RBI”) has rolled out the “Master Direction – Information... Read More
RBI increases the upper limit of an offline payment transaction to Rs. 500 from Rs 200 with immediate effect by Lexplosion Solution | Aug 30, 2023 | Central, NBFC, NBFCsThe Reserve Bank of India (“RBI”) has increased the upper limit of an offline payment transaction... Read More
RBI rolls out instructions on Penal Charges in Loan Accounts; effective 01.01.2024 by Lexplosion | Aug 25, 2023 | CentralThe Reserve Bank of India (“RBI”) has issued a notification on “Fair Lending Practice –... Read More