Reserve Bank constitutes an Internal Working Group to review extant ownership guidelines and corporate structure for Indian private sector banks

Dated: 12th June 2020 RBI has constituted an Internal Working Group (IWG) to review the extant guidelines on ownership and corporate structure for Indian private sector banks. As the macroeconomic,…

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RBI Update: Directions under Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (AACS) – Karnala Nagari Sahakari Bank Ltd., Panvel, Raigad (Maharashtra)

It is hereby notified for information of the public that in the exercise of powers vested in it under subsection (1) of Section 35 A of the Banking Regulation Act,…

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RBI Press Release: Publishes the Oversight Framework for Financial Market Infrastructures and Retail Payment Systems

The Reserve Bank has today placed on its website the Oversight Framework for Financial Market Infrastructures (FMIs) and Retail Payment Systems (RPSs). The Committee on Payments and Market Infrastructures (CPMI) (earlier…

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