Read this week in our update, Committee for review of customer service standards constituted by RBI. RBI amended Bharat Bill Payment...

Authored by Kritika Krishnamurthy, Partner India’s distinctive topography, with its vast climatic diversity makes it highly vulnerable to...

Authored by Kritika Krishnamurthy, Partner and Kavya Awasthi, Associate 1. BACKGROUND 1.1. The concept of Specified Financial...

Read this week in our update, cardless cash withdrawal at ATMs permitted by RBI. RBI assessed 6 entities to be unsuitable to be set up as...

Read in this week's update, the withdrawal of 239 circulars by RBI on the recommendation of the Regulations Review Authority. RBI...

Read this week in our update, 225 circulars were withdrawn by RBI as recommended by Regulations Review Authority. RBI revised the policy...

Read this week in our update, Compensation guidelines for KMPs and senior management in NBFCs issued by RBI. RBI issued master direction...

Read this week in our update, Read this week in our update, guidelines for establishing Digital Banking Units issued by RBI. RBI released...

1. BACKGROUND 1.1. On April 14, 2022, Reserve Bank of India (“RBI”) has issued – Guidelines on Establishment of Digital Banking Units...

1. Background 1.1. On March 31, 2022, the Ministry of Corporate Affairs (MCA) issued a notification Ref. F. No.1/19/2013-CL-V-Part III....