Tag: Reserve Bank of India (RBI)
RBI releases prudential norms for urban banks
The RBI has released a Master Circular on Prudential Norms for Capital Adequacy in Primary Co-operative Banks, which consolidates and updates all the instructions and guidelines on the subject issued up to 19 April 2023
Time not ripe for mutual funds to buy offshore
At the behest of the central bank, the Securities and Exchange Board of India (SEBI) issued an advisory back in late January, asking mutual funds to stop fresh investments into overseas stocks
RBI relief for fintech’s credit report quandary
Reserve Bank of India's move to allow fintech companies to access credit information via credit bureaus is a positive move, but ownership and control issues remain unresolved...