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
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... Read More