On October 22, 2021, the RBI introduced the Scale-Based Regulation (SBR) framework for NBFCs through the circular titled “A Revised Regulatory Framework for NBFCs” (‘SBR Circular’)[1]. This framework applied to all NBFCs, including Core Investment Companies (CICs) and Housing Finance Comp...
Liability of cardholder in case of (i) above in terms of RBI circular ref. DBR.No.Leg.BC.78/09.07.005/2017-18 dated July 6, 2017 on ‘Customer Protection – Limiting Liability of Customers in Unauthorised Electronic Banking Transactions’ as updated from time to time....
dated December 2, 2024, observed that many members of the staff remained engaged in “playing online games and watching social media content during work hours and break, thereby hampering the day-to-day office work”, and banned the same, except ...
@ Fee/Intimation charges waiver is only for those employees of RBI (Staff Candidates) who satisfy the eligibility criteria separately stipulated by the Bank vide its circular CO. HRMD. No. G-75/5599/ 05.01.01/ 2013-2014 dated December 20, 2013. Their status as staff candidate will be veri...
theReserveBankofIndiahadissuedaMasterCircularDBOD.DIR(Exp.)No.04/08.12.01/2005-06datedJuly1,2005onthecaptionedsubject,whichisnowupdatedupto30thJune2006.AcopyoftherevisedMasterCircularisenclosed.ItmaybenotedthattheMasterCircularconsolidatesandupdatesalltheinstructionscontainedinthecircularslistedintheAppendix,...
It was established on 9 July 1988 under the National Housing Bank Act, 1987. It is headquartered in New Delhi. The Finance Act, 2019 has amended the National Housing Bank Act, 1987. This amendment provides powers to the Reserve Bank of India to regulate Housing Finance Companies (HFCs). ...