The amendments create a unified framework that permits banks to provide acquisition financing for corporate takeovers while simultaneously tightening collateral requirements for […]
The amendments introduces specific norms for loan portfolios covered under Default Loss Guarantee (DLG) arrangements. Earlier DLG arrangements were permitted
The paragraph 25(1) has been substituted to clarify that asset classification of individual loan assets and the related provisioning requirements
Under the revised framework, Rural Co-operative Banks may recognise income, such as interest, fees, commission, or other charges, on an
RBI has withdrawn its earlier circular dated 27th January 2021 on Strengthening of Grievance Redress Mechanism in Banks. The review follows
The amendments to RBI Lending to Micro, Small & Medium Enterprises (MSME) Sector Directions, revise the collateral framework applicable to
Upon a comprehensive review of LBS, the draft revised guidelines has been issued, which supersedes all earlier instructions. These cover
The proposals permit commercial banks to extend finance to REITs, subject to appropriate prudential safeguards including regulatory ceiling for exposure
Upon a review, it is proposed to amend RBI Responsible Business Conduct (RBC) Directions, and issue comprehensive instructions to all
The proposals seek to rationalise the definition of unsecured advances, raise individual unsecured loan limits (Rs 5 lakh for Tier
