On October 10, 2024, RBI updated the Master Direction – Non-Banking Financial Company – Housing Finance (‘HFC Directions’) applicable to HFCs. The HFC Directions were updated to consolidate various circulars that have been issued since its last update on March 21, 2024. A significant change...
A tiny web scraper and slack bot for financial regulation circulars from sebi and rbi pythonfintechslack-botrbiregulations-govsebi UpdatedFeb 29, 2024 Python Suraj520/fintech101 Star1 A centralized repo that deals with basic to advanced concepts in modern day fintech along with case studies. ...
With the issuance of three MDs on “Fraud Risk Management” for the three categories of lenders, existing 36 Circulars on the subject stand withdrawn, as per RBI. Topic: Appointments 7. Robert J Ravi appointed CMD of BSNL by the Government. Robert Gerard Ravi has been appointed as the new ...
The PMI indicated that services sector growth fell to a five-month low in May. According to a survey, India's services activity growth fell to a five-month low in May as strong domestic demand weakened. It also showed that exports were growing at a record pace and job creation reached a...
16.2.2021 RESERVE BANK OF INDIA FINANCIAL MARKETS REGULATION DEPARTMENT 9TH FLOOR CENTRAL OFFICE BUILDING FORT MUMBAI 400 001 Reserve Bank of India Credit Derivatives Dir
– Indicative list of documents required for opening of accounts Annex II – List of reporting formats Annex III – UAPA Orders dated August 27, 2009 Annex IV – Government of India Notification dated December 16, 2010 Appendix – List of circulars consolidated in the Master Circular Page No. ...
2. The MAD for the month A shall be calculated in a way that it does not result in negative amortization. Accordingly, the MAD shall not be less than ₹250 (indicative figure), so as to avoid capitalisation of interest or other charges in the subsequent statement....
The other major issue raised by various petitioners against the moratorium circulars was that these are not automatically available to all borrowers but contingent on the discretion of the lenders. The RBI said, “In this context, it is submitted that the Reserve Bank has...
Google has stated that the Reserve Bank of India (RBI) and NPCI, through their Master Directions and Circulars, have encouraged payment system participants to implement fraud prevention measures, including transaction monitoring and velocity checks. In line with this, Google Pay (GPay) issues warning...
On October 10, 2024, RBI updated the Master Direction – Non-Banking Financial Company – Housing Finance (‘HFC Directions’) applicable to HFCs. The HFC Directions were updated to consolidate various circulars that have been issued since its last update on March 21, 2024. A significant change...