The regulator has overhauled credit risk rules to curb conflicts of interest in lending. Clear definitions, Board approvals, and materiality thresholds now govern related-party exposures.
New disclosure norms require granular reporting of loans, NPAs, provisions, and contracts involving related parties. The move enhances transparency and comparability in bank financial statements.
NBFCs must disclose detailed loan and contract exposures to related parties, including NPAs and provisions, enhancing transparency and risk oversight from the new effective date.
Regulators have opened the door for banks to independently set up pension funds under strict eligibility norms. The move is aimed at improving competition, governance, and subscriber protection in the NPS.
The authority held that although the annual return was filed 266 days late, no penalty could be imposed as the default was rectified before adjudication notice. The ruling underscores relief under Section 454(3) for cured defaults.
The amendment allows select infrastructure loans to be treated as high-quality exposures if strict operational, contractual, and security conditions are met. The key takeaway is enhanced lender protection within concentration risk norms.
The draft Central Rules lay down detailed procedures to operationalised the Industrial Relations Code, replacing older dispute and standing order rules. The move standardises industrial relations processes and invites public feedback before finalisation.
The 2025 Directions mandate strict timelines, review periods, and higher provisioning for delays in resolving stressed assets. The key takeaway is faster resolution with stronger accountability for AIFIs.
New prudential norms tighten NPA identification, borrower-wise classification, and day-end tagging. The key takeaway is uniform, objective recognition to curb evergreening.
The Authority ruled on correct tariff headings for key materials used in lithium-ion cell manufacturing. The decision brings clarity and certainty on customs classification.
