Id=6366&Mode=0 Guideline Reference (Ref 1): http://rbidocs.rbi.org.in/rdocs/content/PDFs/GBS300411F.pdf In a June 2, 2016 notification, RBI released a circular on the "Cyber Security Framework for Banks", as an extension of the circular of April 29, 2011. The circular says that ...
A significant change in this edition is the introduction of a new format for the Most Important Terms and Conditions (MITC) following the rollout of the Key Facts Statement (KFS) vide circular no DOR.STR.REC.13/13.03.00/2024-25 dated April 15, 2024. In this article, we will be ...
The proposed rules will be effective from fiscal year 2024-25 onwards. RBI has invited public feedback on the proposed rules by 31 January, 2024. The draft circular will be implemented from April 2024 onwards. As per the proposal, banks with net non-performing asset ratio (NNPA) of more t...
RBI has removed restrictions in view of the satisfactory compliance demonstrated by AEBC with RBI’s April 2018 circular on “Storage of Payment System Data.” By order dated April 23, 2021, RBI had prohibited AEBC from on-boarding new domestic customers onto its card network from May 1, ...
(i) Market-makers in OTC markets shall comply with the Comprehensive Guidelines on Derivatives issued vide RBI Circular No. DBOD.No.BP.BC.86/21.04.157/2006-07 dated April 20, 2007, as amended from time to time and Reserve Bank of India (Prevention of Market Abuse) Directions, 2019. ...
Earlier this year, Karnataka’s transport departmentissueda circular introducing uniform fares for cab aggregators like Ola and Uber, dividing cab rides into three categories based on the vehicle’s price. 12,000 have joined out of 1.25 lakhs ...
A draft circular in this regard will be issued shortly for public comments. 5. Discussion Paper on Scale-based Regulatory Framework for NBFCs The contribution of NBFCs as a supplemental channel of credit intermediation alongside banks is well recognised. Regulatory regime governing the NBFC sect...
Earlier this year, Karnataka’s transport departmentissueda circular introducing uniform fares for cab aggregators like Ola and Uber, dividing cab rides into three categories based on the vehicle’s price. 12,000 have joined out of 1.25 lakhs ...
Id=6366&Mode=0 Guideline Reference (Ref 1): http://rbidocs.rbi.org.in/rdocs/content/PDFs/GBS300411F.pdf In a June 2, 2016 notification, RBI released a circular on the "Cyber Security Framework for Banks", as an extension of the circular of April 29, 2011. The circular says that ...
its last update on March 21, 2024. A significant change in this edition is the introduction of a new format for the Most Important Terms and Conditions (MITC) following the rollout of the Key Facts Statement (KFS) vide circular no DOR.STR.REC.13/13.03.00/2024-25 dated April 15, 2024....