The amendments allow banks to act as agents of third-party product or service providers (TPPSPs) for regulated financial products, including […]
The amendment specify that banks can act as agents for regulated third-party products but cannot handle referral processes directly. It
The amended provisions specify that core banking functions and acceptance of time deposits must be undertaken departmentally, while mutual fund,
The Bank Rate has been revised downwards by 25 basis points from 5.75 per cent to 5.50 per cent. Accordingly,
The Standing Liquidity Facility provided to Primary Dealers (PDs) (collateralised liquidity support) would be available at the revised repo rate
MPC has decided to reduce the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from
The key amendment is the deletion of Paragraph 68 under Chapter IV relating to Risk Weighted Assets (RWAs), which provides
The key amendment is the deletion of Paragraph 78 under Chapter IV relating to Risk Weighted Assets (RWAs), which provides
The key change pertains to Paragraph 113 under Chapter IV relating to Provisioning Norms, which has been deleted. As a
The key change pertains to Paragraph 117 under Chapter IV relating to Provisioning Norms, which has been deleted. As a
