Strengthening Cybersecurity: RBI’s New Directions for Non-Bank Payment System Operators in India
RBI has established a baseline for security measures through its new Master Direction on... Read More
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... Read More
From classification to criminal proceedings: The lenders’ guide to managing compliances and reporting requirements while handling wilful and large defaulters
Wilful default[1] by borrowers[2] and the exponential rise thereof in instances of deliberately... Read More