Banking Regulation

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

Not mentioning L/C no. on invoice is not a discrepancy, says expert

Provided all the stipulated documents are received by the issuing bank, the absence or mistyping of a credit number does not constitute a reason for refusal

Fintech can emerge as substitute for traditional banking, says RBI's CAFRAL

India's fintech sector can potentially emerge as a substitute for traditional banking in the near future, said a report by CAFRAL, while stressing the need for a "quick and nimble" regulation to ensure growth of digitalisation and financial stability. Reserve Bank Governor Shaktikanta Das on Tuesday released the first flagship publication of the Centre for Advanced Financial Research and Learning (CAFRAL) with the title India Finance Report 2023 (IFR 2023). CAFRAL, a not-for-profit organisation, was set up in 2011 as an independent body by the RBI to promote research and learning in banking and finance. The report provides fresh insights into the non-banking financial sector in India that can aid all stakeholders, including regulators and policymakers, in securing a greater understanding of the sector and a wider appreciation of its niche strengths and opportunities. In his note to the report, RBI Deputy Governor Michael Debabrata Patra said the publication is sensitive to the ...

Lenders prefer salaried individuals with steady income for personal loans

While more than 25% of salaried borrowers have an excellent credit score of 770 and above, only 14% of self-employed consumers have such strong credit score profiles