RBI revised framework offers some leeway to defaulters
Lenders must enter into an inter-creditor agreement (ICA) to to work on the resolution and also set out the rights and duties of majority …
Lenders must enter into an inter-creditor agreement (ICA) to to work on the resolution and also set out the rights and duties of majority …
RBI of India cut the repo rate by 25 bps, from 6 percent to 5.75 percent. RBI – The Monetary Policy Committee (MPC), in …
MUMBAI: The Reserve Bank of India has extended the last cut-off timing for customer transactions through Real Time Gross Settlement Systems (RTGS) from 4.30pm to 6pm …
Mumbai: The Reserve Bank of India (RBI) board on Tuesday sought to create a specialised oversight cadre while reviewing the current structure of supervision …
A four-fold increase in digital payments, reduction in paper-based transactions, improved pricing, better customer grievance redressal mechanisms and establishment of new payment system operators …
MUMBAI: The Reserve Bank of India(RBI) is understood to be weighing a plan to ‘incentivise’ lenders to take errant borrowers to bankruptcy court. It’s part …
The Reserve Bank of India has given the go-ahead for electronic mandates through both debit cards as well as net banking in lieu of …
India delayed the introduction of tough new accounting rules for the second year running, in a move that will spare the country’s banks from …
BENGALURU: WhatsApp is working to comply with central bank regulations on storage of payment data, according to two people familiar with the development, indicating …
The Reserve Bank of India (RBI) has taken a position that it will contest applications under right to information (RTI) seeking audit and inspection …