Banking Regulation

RBI removes Paytm Payments Bank from list of recognised scheduled banks

The Reserve Bank has officially removed Paytm Payments Bank from the list of recognised scheduled banks following the cancellation of its banking licence. In April this year, the Reserve Bank of India (RBI) had cancelled the banking licence issued to PPBL for non-compliance with norms, saying affairs of the bank were conducted in a manner detrimental to the interest of its depositors. Later, the Delhi High Court ordered that Paytm Payments Bank Ltd (PPBL) be wound up. "Paytm Payments Bank Limited has been excluded from the Second Schedule to the Reserve Bank of India Act, 1934...," the central bank said in a statement on Wednesday. A notification in this regard was published on July 31 and published in the Gazette of India in September. The Second Schedule of the RBI Act is the official list of recognised banks that meet the central bank's financial standards and get special operational privileges. 'Scheduled bank' means a bank included in the Second Schedule. PPBL, an associate

RBI proposes new derivative-risk capital framework effective April 2027

The draft requires commercial banks to adopt the basic approach for credit valuation adjustment while offering simpler treatment to those with smaller derivatives books

KYC: A safeguard, not a barrier

An effective KYC programme can make banking easy for genuine customers

Banks cannot sell back recovered immovable properties to borrowers

RBI bars banks from selling recovered properties back to borrowers, introduces norms for handling acquired non-financial asset

RBI consolidates governance norms for risk, compliance and audit functions

Revised framework mandates independent control functions led by CRO, CCO and HIA, with fixed tenures and enhanced board oversight from January 2027

RBI sets 3-year cooling-off for co-op bank directors after 10 years

RBI has mandated a three-year cooling-off period for directors of urban co-operative banks after 10 continuous years on the board

RBI withdraws IFR requirement for banks maintaining market risk capital

RBI eases IFR norms for banks under revised investment portfolio framework

RBI defers acquisition financing, capital market norms to July 1

Central bank extends deadline by three months after industry flags operational and interpretational issues; also clarifies rules on acquisition finance and capital market exposure

Transparency needed: Public should know about the happenings at HDFC Bank

The sudden resignation of its chairman, therefore, cannot be treated as an ordinary event

Rare but not unusual for RBI to come out in support of a troubled bank

RBI's swift support for HDFC Bank after chairman's exit aims to calm depositor and investor sentiment, reflecting a rare but not unprecedented regulatory intervention

Fino Payments Bank gets RBI nod to name Ketan Merchant its interim CEO

Rishi Gupta's return to office subject to NRC, board reassessment and RBI view

Reserve Bank of India moots rules to rein in harsh debt recovery

The proposed norms will come into effect from July 1, 2026. Feedback on the draft may be submitted by March 4, 2026

Co-operative banks: RBI's inclusivity pitch runs into regulatory dilemma

The RBI needs to think out of the box vis-a-vis cooperative banks

RBI partly accepts suggestions on FBB exposures in LEF and ITE regimes

RBI said FBB exposures to head offices and their branches will fall under LEF, while exposures to other group entities move to the ITE framework, with gross calculation retained

Why you need 3 bank accounts - not one - to take control of your money

When you separate your money by purpose, you gain clarity, reduce overspending, and build long-term wealth faster.

Regulators can work together to minimise overlaps: RBI Deputy Governor

RBI Deputy Governor Swaminathan J said regulators should coordinate to reduce overlaps and close gaps without hindering innovation, calling for proportional and outcome-based regulation

New banking law kicks in today to boost governance, protect deposits

The Banking Laws (Amendment) Act, 2025 takes effect today, introducing key reforms to improve governance, enhance PSB audits, and safeguard depositors across India

Mint Road's enforcement framework shifts focus to governance premium

The woes at IndusInd Bank have put the spotlight back on a key initiative the banking regulator's Enforcement Department set rolling in FY24

PM Modi pitches for studying newer banking structure to fund future needs

Prime Minister Narendra Modi on Monday said there is a need to study "newer banking structure" with the evolving changes in the financial industry's landscape. Speaking at the inauguration event for the commemoration of 90 years of the Reserve bank of India (RBI) here, Modi said there may be a requirement for newer ways of "financing, operating and business models" in the changing landscape. The PM said the banking industry needs to move forward to ensure that it can fund the credit needs of the projects necessary for the country's future growth. There are some challenges confronting the industry along with this, including artificial intelligence and blockchain, which are changing the face of banking, cyber security amid the increasing reliance on digital banking and innovations like fintechs, he said. "In such a situation, we need to think about the changes that will be required in the country's banking sector and its structure," Modi said in his address to the audience, which ...

Global banking watchdog to crack down on 'window dressing' by big banks

The rules were introduced a decade ago after many lenders were bailed out by taxpayers in the global financial crisis