Legal Update

RBI tightened rules for NBFC-P2Plending platforms

Recently, the Reserve Bank of India imposed stricter regulations on peer-to-peer lending platforms following instances where some of these entities…

2 years ago

RBI tightened rules for NBFC-P2Plending platforms

Recently, the Reserve Bank of India imposed stricter regulations on peer-to-peer lending platforms following instances where some of these entities…

2 years ago

RBI Eases Restrictions on Investments in Foreign Funds

In June 2024, the Reserve Bank of India (RBI) issued a long-awaited circular that relaxed regulations surrounding investments in overseas…

2 years ago

RBI Guidelines: The Path to Universal Banking for Small Finance Banks

The Reserve Bank of India unveiled a plan for the optional transformation of small finance banks (SFBs) into universal banks.…

2 years ago

RBI’s recent monetary policy decision to keep the repo rate steady at 6.5%

The interest burden on your home loan and the equated monthly instalments (EMI) will stay the same for the time…

2 years ago

RBI’s Crackdown: Ensuring Financial Integrity in Credit Card Transactions and P2P Lending Platforms

Following its decision to restrict Visa from engaging in specific commercial business-to-business (B2B) credit card transactions, the Reserve Bank of…

2 years ago

RBI’s Dual Initiative: Modernizing Money Changer Authorization and Extending Fair Lending Practices

Update – 1 RBI has put forth a plan to streamline the authorization process for money changers The Reserve Bank…

2 years ago

Monetary Policy Decision: RBI’s Panel Maintains Unchanged Repo Rate Despite Upward Revision in Growth Outlook

The Monetary Policy Committee (MPC) of the Reserve Bank of India has decided to maintain the status quo on interest…

2 years ago

What actions should be taken in case the bank misplaces the original documents? Part 2

In our previous month's article, we covered certain aspects of what actions should be taken when a bank misplaces the…

2 years ago

What actions should be taken in case the bank misplaces the original documents?

This time, we are not going to update you on any legal amendments or changes, but we are going to…

3 years ago