The Reserve Bank introduces Internal Ombudsman mechanism for Credit Information Companies (CICs)
October 06, 2022 As announced in the ‘Statement on Developmental and Regulatory Policies’ issued as part of the Monetary Policy statement dated August 5, 2022, the Reserve Bank, in exercise…
Revised Regulatory Framework for Urban Co-operative Banks (UCBs)
July 19, 2022 The Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks (the Committee) on February 15, 2021 under the Chairmanship of Shri N. S.…
Ease of filing insurance products for Agriculture and allied activities
Press Release Insurance Regulatory and Development Authority of India (IRDAI) in its continued endeavor to protect the interests of all segments of policyholders and improve the ease of doing business…
IBBI organises training programme for Indian Corporate Law Service Trainee Officers.
IBBI organised a three-day training programme for Indian Corporate Law Service (ICLS) trainee officers, of the 2020 batch, from 11th to 13th July, 2022. Mr. Sudhaker Shukla, WTM, IBBI in…
Draft Master Direction on Outsourcing of IT Services
June 23, 2022 The Chairman/Managing Director/Chief Executive OfficerScheduled Commercial Banks (excluding Regional Rural Banks);Local Area Banks;Small Finance Banks;Payments Banks;Primary (Urban) Co-operative Banks having asset size of ₹1000 crore and above;Non-Banking…
Payments Vision 2025
June 17, 2022 The Reserve Bank of India (RBI) has today placed on its website the “Payments Vision 2025”. The Payments Vision 2025 has the core theme of ‘E-Payments for…
Caution to Investors against dealing with unregulated platforms offering Algorithmic Trading
It has come to the notice of Securities and Exchange Board of India (SEBI) that many unregulated platforms are offering investors Algorithmic Trading services/facilities to automate their trades. Strategies are…
Surrender of certificate of registration of Principal Mutual Fund (PMF)
Principal Asset Management Private Limited (Principal AMC) had informed SEBI that they want to surrender the registration granted to Principal Mutual Fund by SEBI. PMF will continue to be liable…