The laws and bureaucratic rules governingbanking. Banks have regulations at the federal, state, and sometimes local levels. Examples of bank regulations includecapital requirementsand limits oninterest rates.Member banksof theFederal Reserveare subject to further regulations, such as the requirement tobu...
The Securities and Exchange Board of India (SEBI) placed full responsibility on regulated entities for the Artificial Intelligence (AI) tools that they used, either designed by them or procured from third party developers. The decision would apply to all SEBI-regulated entities. This includes Mar...
While derivatives were originally used as an effective monetary instrument to multiply the wealth through ripple effect, of late these instruments are also used by banks and financial institutions to mitigate risk arising from the volatility of the underlying asset. This apart, derivatives along with ...
Mukul GA (2007) Reforming governance and regulation of urban cooperative banks in India. J Financ Regul Compliance 15(1):20–29 View ArticleAsher M. G..(2007). Reforming governance and regulation of urban co-operative banks in India.Journal of Financial Regulation and Compliance,15(1), 20-...
RBI Penalizes Mandya City Cooperative Bank Ltd ₹50,000 for KYC Noncompliance The Reserve Bank of India imposed a monetary penalty against the Kamataka, India-based bank for failure to adhere to its know your customer obligations. Original ...
networkoperatorsandothernonbankshasnotyetbeenrealizedduetorestrictionsonnonbanksacceptingfundsfromthepublicandtheprohibitiononanye-moneyissuancebynonbanks.Therehavebeenindications,however,thatchangeisonthehorizon.In2007,RBIissuedtworeportsthatrevealedakeenawarenessoftheneedtolowerthecostsofdeliveringpaymentandbanking...
keeping a close watch on transactions involving cryptocurrencies and on April 6, 2018, RBI by way of circular prohibited banks and entities regulated by it from providing services in relation to virtual currencies. However, on March 4, 2021, the Supreme Court of India had set aside the ...
This comes at a time when the Reserve Bank of India (RBI) Deputy Governor Swaminathan J had called cybersecurity “one of the biggest concerns of the digital era.” He also urged banks to conduct regular audits and simulated exercises to increase resilience, mitigating cyber risks. Also Read:...
Financial sector regulation in India Susan Thomas Praveen Mohanty Financial sector regulation in India – p. 1 The financial sector in India The regulators RBI, SEBI, FMC, IRDA, PFRDA, MoF, HLCC The markets Commodities, equity, debt, foreign exchange The players Brokers, firms, banks, ...
In a follow up paper to their work that identified CDK5 as a S273 kinase, Banks et al. generated adipocyte specific CDK5 knockout mice, and to their surprise found that S273ph levels were increased rather than decreased upon the ablation of this kinase [53]. This was explained by ...