The draft proposes a comprehensive overhaul of the Net Open Position (NOP) framework for foreign exchange risk. The key proposals […]
The Licensing of new UCBs has remained on hold since 2004 due to widespread financial weaknesses observed in newly licensed
Foreign Exchange Management (Guarantees) Regulations 2026: These regulations supersede the 2000 regulations to regulate guarantees involving residents and non-residents. These prohibit
The amendments significantly expand and standardise definitions of related persons, related parties, control, promoters, KMPs, specified employees, reciprocally related persons
The amendments strengthen transparency around related party exposures in banks’ financial statements. Banks must now present a structured, tabular disclosure
The amendments revises risk weights for ratings assigned by S&P, Fitch, and Moody’s, and introduces a distinct risk-weight mapping for
The FAQs explain the cheque clearing framework in India under the Cheque Truncation System (CTS), highlighting faster, image-based clearing and
The Directions effective from FY 2026–27 tighten and standardise rules governing dividend pay-outs and profit remittances. Applicable to all commercial
The directions mandates strong board oversight, requiring consideration of asset quality divergences, audit qualifications, capital adequacy, and long-term growth plans
The draft amendments seek to introduce a mandatory minimum cooling-off period of three years for directors of co-operative banks after
