The directions introduce a forward-looking Expected Credit Loss (ECL) framework alongside existing NPA norms, supported by a three stage classification […]
The directions implement the Basel III framework for calculating risk-weighted assets in a more consistent and risk sensitive manner. These
RBI has issued a series of directions for commercial banks, small finance banks, local area banks, cooperative banks, NBFCs, and All
The amendment introduces clear categorisation of NBFCs into Type I (not availing public funds and without customer interface) and Type
MEA has informed about the UNSC amendments on its Taliban Sanctions List of individuals and entities, which are subject to the assets
Under the revised framework, UCBs are permitted to maintain aggregate unsecured loans up to 20% of their total advances. Unsecured
The circular requires Authorised Dealer Category-I banks to report all OTC foreign exchange derivative contracts involving INR undertaken globally by
The circular prescribe eligibility and procedural requirements for direct, indirect, and stock broker based access to the platform. The application
A significant change is a shift from how banks recognise bad loans and set aside provisions. Banks will now move
The amendment adds ‘AgriSURE– Agri Fund for Start Ups & Rural Enterprises’ included as a Permitted Financial Service. This enables banks
