Rbi Guidelines

Recovery agents can visit your home or office, but only according to strict RBI guidelines that protect your rights and discourage harassment.

RBI’s new rules for P2P platforms: A net positive for lenders, borrowers, say experts

Tighter regulations may have put P2P lending platforms in a spot of bother, but the guidelines bring in better clarity and transparency.

Banks to pay Rs 5,000 a day for delay in returning property documents: RBI

The Reserve Bank of India said original property documents must be returned within 30 days of borrowers settling their personal loans.

Borrowing from a digital lending app? Spot the red flags first

Do your own due diligence before choosing one. The RBI guidelines for such apps ensure enhanced transparency between lenders and borrowers and discourage unfair lending practices.

Razorpay pauses onboarding of online payment merchants after RBI advisory

Razorpay expects to resume onboarding after a few weeks

RBI’s 15-year tenure cap: These are the CEOs who will be impacted

Among those who will be affected by the new rule, though not immediately, are Kotak Mahindra Bank’s Uday Kotak, Bandhan Bank’s Chandra Shekhar Ghosh and AU Small Finance Bank's Sanjay Agarwal. How exactly will the new rules affect their tenures? Read on to find out

Customers will now be compensated for delay in resolving issues of failed digital transactions

A failed transaction would be any exchange that remained incomplete due to reasons such as connectivity failure, non-availability of cash in an ATM, etc

Editor's Take | RBI allows e-wallet interoperability

The move will enable transfer of funds seamlessly between various mobile wallets.

Fake notes raise concerns on banks' ATM cash management services

Another banking sector fraud with “Children Bank of India” substituting the Reserve Bank of India in the fake 2000 rupee notes dispensed by a State Bank of India ATM, has raised concerns over banks‘ cash outsourcing services.

BSE hopes to operationalise IFSC exchange in 12-18 months

The BSE Brokers Forum had picked a 3 lakh sq ft space at the country's first IFSC at the GIFT City in January this year for about Rs 150 crore, which now they have increase to 5 lakh sq ft.

RBI guidelines & policies for SME lending

To enable the banks to have the present instructions standardized, RBI has issued a master circular which includes the existing guidelines with regards to SME loans in India.

SC questions Sahara firms for transacting crores in cash

The Supreme Court today raised question on how Sahara transacted thousands of crores in cash with its sister firms for purportedly refunding Rs 20,000 crore to its investors after SEBI alleged that no bank statement was furnished by the group to show the money trail.

Don't want to merge with foreign bank: Karur Vysya Bank

If subsidiaries are set up and the foreign banks want to give competition to Indian banks there are challenges because it is not going to be that easy, says K Venkataraman, MD & CEO, Karur Vysya Bank.

Religare lures US firm for banking foray with 6.1% stake

CNBC-TV18 reports that Religare Enterprises has roped in US-based Customers Bancorp to partner in its banking foray by selling a 6.1-percent stake to Bancorp.

Have viable options to adhere to RBI clarification: L&T Fin

The RBI on Monday issued clarifications against 443 queries it had received from external parties in relation to new banking licence guidelines.

Already follow most guidelines outlined by RBI: Muthoot Fin

Muthoot Finance tells CNBC-TV18 that RBI's new guidelines to ensure good and fair practices won't affect them much because they already follow most of them.

Draft RBI guidelines for new bank licences: ICRA

ICRA says meeting ownership, listing terms could be a challenge.

Subdued growth may trigger consolidation for MFIs: CRISIL

The MFI sector’s growth is likely to remain subdued over the medium term, especially in regions with high microfinance penetration, because of proposed regulatory restrictions on multiple lending, loan size, and end-usage of loans, says Ms. Rupali Shanker, Head, CRISIL Ratings