The guidelines require banks to perform independent credit appraisal, enforce unsecured consumer credit limits, and verify promoter equity sources. By enhancing internal controls and scenario testing, the RBI aims to prevent adverse selection and credit concentration risks.
SEBI’s new IG Scheme expands eligibility for No-action and Interpretive Letters, providing clarity on regulatory compliance. Confidentiality and streamlined processing ensure timely guidance within 60 days.
The issue involved aligning capital requirements with the scale and complexity of NBFCs. The Directions mandate differentiated capital, CET1, and leverage requirements based on regulatory layers.
The RBI has introduced comprehensive credit reporting norms for Small Finance Banks to ensure standardized, timely, and accurate borrower data. The framework strengthens transparency, SHG reporting, and data quality monitoring.
The company failed to comply with statutory charge registration requirements under the Companies Act, 2013, attracting financial penalties on officers in default.
RBI’s 2025 Directions set out comprehensive guidelines for issuing credit, debit, and co-branded cards by small finance banks, focusing on customer protection and risk management.
The circular introduces consolidated Directions governing credit facilities for Small Finance Banks. It outlines RBI’s mandate, regulatory safeguards, and immediate applicability.
New Directions mandate a fair, transparent, two-stage process with notice, disclosure, and hearing before tagging a borrower as a wilful defaulter. The key takeaway is strengthened natural justice alongside tighter credit discipline.
RBI introduces a unified framework ensuring transparent, non-discriminatory interest rates on all domestic and non-resident deposits. Key takeaway: SFBs must follow strict policies on rate setting, premature withdrawals, and disclosure.
RBI introduces a detailed framework allowing SFBs to issue long-term bonds with CRR/SLR and PSL benefits. The Directions aim to boost infrastructure and affordable housing finance.
