RBI Notifications includes Notifications, Circulars, Guidelines, Press release issued by Reserve Bank of India & GOI Related to Banking and Fema Law.
Fema / RBI : The issue involved delayed recognition of credit losses under the earlier framework. RBI introduced ECL to ensure probability-base...
Fema / RBI : RBI clarified that the Digital Rupee is legal tender with features similar to physical cash. It enables secure, instant, and fee-f...
Fema / RBI : The issue concerns alternative settlement mechanisms for international trade. The framework allows INR-based transactions with fle...
Fema / RBI : The RBI maintained key policy rates unchanged, signaling confidence in economic stability and controlled inflation. The decision r...
Fema / RBI : The RBI clarifies which entities must file FLA returns and outlines the complete online filing process. The key takeaway is mandat...
Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...
Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...
Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...
Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...
Fema / RBI : The Reserve Bank of India has proposed a clear 5% IFR requirement for rural co-operative banks’ current investments. This change...
Fema / RBI : The contentions of the RBI that the dispute is between the Petitioner and Respondents is not acceptable since the dispute arises o...
Fema / RBI : Harsh Nitin Gokhale Vs Reserve Bank of India & Ors (Supreme Court) In the present case, writ petition file seeking relief to e...
Fema / RBI : Directorate of Enforcement Vs. Subhash Muljimal Gandhi ( Delhi HC)- that interest at the rate of 6% per annum under Rule 8 could ...
Fema / RBI : Ketan V. Parekh Vs. Special Director, Directorate of Enforcement and another (Supreme Court)- Ketan Parikh, Kartik Parikh and M/s....
Fema / RBI : Binod Kumar Versus State of Jharkhand & Others- In the impugned judgment, it is mentioned that the basic allegation is amassing of...
Fema / RBI : RBI issued revised draft directions to regulate recovery practices of banks, NBFCs, and other regulated entities. The framework pr...
Fema / RBI : RBI has released draft amendment directions for commercial and small finance banks to strengthen Pillar 3 disclosures under Basel ...
Fema / RBI : RBI has abolished the mandatory Investment Fluctuation Reserve requirement for commercial banks following changes in market risk a...
Fema / RBI : RBI has amended Investment Fluctuation Reserve norms for Small Finance Banks after identifying operational difficulties in maintai...
Fema / RBI : RBI has amended Investment Fluctuation Reserve norms for Payments Banks after identifying operational challenges in maintaining IF...
The amendment clarifies that identity and address verification lies with the entity that last updated CKYCR records. NBFCs relying on such records need not repeat verification but must continue full customer due diligence.
The regulator held that identity and address verification lies with the last entity uploading KYC data to CKYCR. Payments banks relying on valid records need not repeat verification, while retaining responsibility for other CDD requirements.
The amendment clarifies that identity and address verification rests with the entity that last updated CKYCR records. Regional rural banks relying on such records are spared repeat checks but remain fully responsible for ongoing due diligence and AML compliance.
The regulator held that identity and address verification rests with the last entity uploading KYC data to CKYCR. Rural banks relying on valid records need not repeat verification, though full CDD responsibility otherwise continues.
The amendment clarifies that identity and address verification rests with the entity that last updated CKYCR records. Small finance banks relying on such records are spared repeat checks but must continue full customer due diligence under KYC norms.
The amendment clearly assigns identity and address verification to the entity that last updated customer records in CKYCR. Banks relying on such records are relieved from repeat checks but must continue full customer due diligence under KYC norms.
The regulator held that the bank last uploading or updating KYC data in CKYCR is responsible for identity and address verification. Other banks may rely on such records without re-verification, streamlining compliance while retaining broader CDD accountability.
The Directions mandate robust KYC and AML/CFT controls for AIFIs with immediate effect. The key takeaway is stricter customer identification and monitoring aligned with FATF standards.
The Directions prescribe standardised presentation and disclosure norms for All-India Financial Institutions. The key takeaway is enhanced consistency and transparency in AIFI financial statements.
The RBI has overhauled responsible business conduct norms, mandating transparency, fair practices, and borrower protection across AIFIs. The key takeaway is stricter accountability in lending and recovery processes.
