The Reserve Bank Integrated Ombudsman Scheme (RB-IOS) launched in 2021, provides customers of Regulated Entities (REs) a speedy, cost-effective and expeditious […]
The Reserve Bank, Master Direction- Reserve Bank of India (Internal Ombudsman for Regulated Entities) issued in 2023, has institutionalized the Internal
At present, the time period for the foreign exchange outlay is capped at four months. Following a review aimed at
Draft RBI Gold Metal Loans Directions: These directions aim to consolidate, harmonize, and update the regulatory framework for the Gold Metal
The draft circular proposes amendments to the Large Exposures Framework (LEF) and the LEF-Credit Risk Mitigation (CRM) framework for foreign
It require Credit Institutions (CIs) and Credit Information Companies (CICs) to update credit data on a weekly basis, covering full
The circular explicitly states that an Indian bank’s exposures to its overseas branches and a foreign bank’s operating as a
The draft directions primarily focus on Transaction Accounts for a range of regulated entities, including Commercial Banks, Small Finance Banks,
The draft mandates that every bank must offer the BSBD account with certain minimum facilities free of charge, regardless of
The original guidelines were designed to curb concentration risk by disincentivizing large, highly leveraged borrowers from relying excessively on the
