These regulations are intended to replace the existing 2016 framework under FEMA. The key proposed changes include relaxed eligibility criteria, […]
The key amendments include linking borrowing limits to the borrower’s net worth or a cap of USD 1 billion, except
These draft directions apply to a wide array of Regulated Entities (REs), including Commercial Banks, Small Finance Banks, Cooperative Banks,
The nomination facility in deposit accounts, safe deposit lockers and articles in safe custody, is intended to facilitate expeditious settlement
The draft defines ‘Digital Banking Channels, to include internet banking, mobile banking, and other electronic methods for financial transactions. It
EDPMS automates the reconciliation of export funds against shipping bills, with data inflows from Customs Authority (ICEGATE), Express Cargo Clearance
These Directions will govern novation, i.e. the substitution of one party in an over-the-counter (OTC) derivative contract with another, except
Extant instructions on capital adequacy for banks prescribe the Current Exposure Method (CEM) for computation of Counterparty Credit Risk (CCR).
The new rules, i.e. Foreign Exchange Management (Guarantees) Regulations, expands the types of cross- border guarantees that can be issued
This new framework replaces the previous “Financially Sound and Well Managed” norms with a set of harmonized Eligibility Criteria for
