The mandate of the Regulatory Review Cell is to ensure that all the regulations issued by the Bank are subject to a comprehensive and systematic internal review every 5 to 7 years, RBI release said.
This is the first time that the banking regulator has explicitly approved such a product. However, RBI has capped the FLDG amount at 5 percent of the total loan value.
The SEC's warning is a reminder that investing in cryptocurrencies is a high-risk venture, and investors should exercise caution when considering investing in these assets.
"While the regulations are good for the industry in the long run, there could be challenges in implementation in the near term."
The fall in g-sec yields is understandable because investors are assuming further rate cuts. However, one can still not be sure if these cuts will deliver higher investment when the broader economic environment is not yet conducive.
Wolters Kluwer Financial Services helps banks meet regulatory reporting and compliance requirements in India.
There's a perfect storm brewing in India's Venture Capital & Private Equity industry. New RBI regulations have hit them hard. And though a new Takeover Code may open up substantial investment opportunities, SEBI's most recent attempt to regulate Alternative Investment Funds could prove to be a big dampener!