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RBI, SEBI mull exemptions for recent AIF investment rules

Finance

19 January, 2024

RBI, SEBI mull exemptions for recent AIF investment rules

India's central bank and market regulator are considering exemptions to recently tightened rules for bank investments in alternate investment funds ......

RBI issues draft framework for fintech self-regulatory body

TMT

15 January, 2024

RBI issues draft framework for fintech self-regulatory body

Indian financial technology (fintech) firms should create a self-regulatory organisation (SRO) that will ensure statutory and regulatory compliance, the Reserve ......

RBI chief favours financial creditor-led resolution framework for stressed assets

Finance

11 January, 2024

RBI chief favours financial creditor-led resolution framework for stressed assets

Amendments to India's bankruptcy law should focus on a financial creditor-led framework for resolution of stressed assets, the governor of ......

Banks' asset quality to improve further over next 12 months: RBI report

Finance

28 December, 2023

Banks' asset quality to improve further over next 12 months: RBI report

The health of the Indian financial system is steadily improving and banks' asset quality is expected to improve further over the ......

Piramal Enterprises to provision for AIF exposure as RBI tightens rules

Finance

21 December, 2023

Piramal Enterprises to provision for AIF exposure as RBI tightens rules

India's Piramal Enterprises said on Thursday that it will set aside provisions for certain exposures to investments in alternate investment ......

RBI imposes curbs on banks, NBFCs' investments in private credit funds, other AIFs

Finance

19 December, 2023

RBI imposes curbs on banks, NBFCs' investments in private credit funds, other AIFs

The Reserve Bank of India Tuesday imposed restrictions on banks and non-banking finance companies (NBFCs) from investing in private credit ......

RBI keeps repo rate unchanged as focus on inflation remains

Economy

08 December, 2023

RBI keeps repo rate unchanged as focus on inflation remains

The Indian central bank's key lending rate was held steady on Friday with inflation control remaining a major focus amid ......

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Finance

07 December, 2023

Banks, NBFCs ask fintech firms to limit tiny personal loans amid RBI scrutiny

Top Indian banks and non-bank lenders have asked their fintech partners to curtail issuing tiny personal loans, three banking and ......

Indian regulators raise red flags over misuse of AIFs to mask bad loans

Economy

06 December, 2023

Indian regulators raise red flags over misuse of AIFs to mask bad loans

India's market regulator and its central bank share concerns over instances of alternate investment funds (AIFs) being used to mask ......

RBI cracks down on P2P lenders for rule violations, misleading practices

Finance

05 December, 2023

RBI cracks down on P2P lenders for rule violations, misleading practices

India's central bank has told peer-to-peer lending platforms to halt certain activities after inspections found rule violations and misleading sales ......