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RBI releases governing norms for small and payment banks

The prudential regulatory framework for payments banks (PBs) will largely be drawn from the Basel standards. However, given the financial inclusion focus of these banks, it will be suitably calibrated, the RBI press release said.
To continue with 49% FDI, FII in aviation: DGCA guidelines

According to the guidelines, the regulator will continue with 49% foreign investment limit in the aviation sector which includes both FDI and foreign institutional investor (FII) investments.
RBI extends Basel III implementation time by 3 months

The Reserve Bank has extended the date for implementation of Basel III, the global capital norms for banks, by three months to April 1.

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Guideline

RBI releases governing norms for small and payment banks

To continue with 49% FDI, FII in aviation: DGCA guidelines

RBI extends Basel III implementation time by 3 months