Regulatory Updates
Regulatory Updates: Aug - 2025
The Reserve Bank of India (RBI) regulation permits Authorized Dealer (AD) Category-I banks to open Special Rupee Vostro Accounts (SRVAs) of overseas correspondent banks without needing prior approval from RBI.
Regulatory Updates: July - 2025
The Reserve Bank of India's (RBI) regulation on 'Pre-payment Charges on Loans' aims to standardize practices among Regulated Entities (REs) regarding pre-payment charges on loans, particularly for Micro and Small Enterprises (MSEs).
Regulatory Updates: June - 2025
The Reserve Bank of India has issued the Sixth Amendment to the Foreign Exchange Management (Foreign Currency Accounts by a Person Resident in India) Regulations, 2025, substituting the words and figures “2 years” with “3 years”
Regulatory Updates: May - 2025
This RBI circular establishes a framework for formulating and amending regulations, mandating public consultation with a minimum 21-day comment period and impact analysis where feasible.
Regulatory Updates: April - 2025
This Reserve Bank of India (RBI) master circular applies to Primary (urban) Cooperative Banks (UCBs). It consolidates existing instructions and guidelines on exposure norms and statutory/regulatory restrictions
Regulatory Updates: Mar - 2025
This RBI circular informs Regulated Entities (REs) about updates to the UNSC's 1267/1989 ISIL (Da'esh) & Al-Qaida Sanctions List. These updates, provided by the Ministry of External Affairs
Regulatory Updates: Feb - 2025
The circular states that the Monetary Policy Committee (MPC) has reduced the policy repo rate under the Liquidity Adjustment Facility (LAF)
Regulatory Updates: Jan - 2025
The circular states that National Bank for Financing Infrastructure and Development (NaBFID) can be regulated and supervised
Regulatory Updates: Dec - 2024
The circular highlights that banks need to conduct annual review of accounts or deposits where there is no customer induced transaction for over a year.
Regulatory Updates: Nov - 2024
This master direction focuses on the amendments to the master direction on Know Your Customer (KYC) issued on November 6, 2024. Key updates include enhanced procedures for updating KYC records through the Central KYC Records Registry (CKYCR)
Regulatory Updates: Oct - 2024
The notification is regarding the compounding of contraventions under the Foreign Exchange Management Act (FEMA), 1999, outlines the procedures and guidelines
Regulatory Updates: Sept - 2024
The Reserve Bank of India (RBI) identifies several irregular practices in gold loan granting, such as weak governance
Regulatory Updates: Aug - 2024
The interest equalization scheme (IES) has been extended until August 31, 2024. Key changes include that only micro, small and medium enterprises (MSME) manufacturer exporters are eligible for benefits.
Regulatory Updates: July - 2024
The master direction outlines the reporting requirements for willful defaulters and large defaulters, including the need for lenders to submit detailed information to Credit Information Companies (CICs).
Regulatory Updates: June - 2024
This circular is applicable to all Category-I Authorized Dealer Banks. The circular provides amendment to foreign exchange management (overseas investment) directions for investment in overseas funds.
Regulatory Updates: May - 2024
The notification contains amendments to the Master Direction on Risk Management and Inter-Bank Dealings by the Reserve Bank of India.
Regulatory Updates: April - 2024
Implementing a robust Operational Risk Management Framework (ORMF) is essential for organizations to bolster their operational resilience.