The RBI has introduced a revised methodology for calculating foreign exchange risk capital for Local Area Banks. The amendment aligns prudential norms with international standards and becomes effective from April 1, 2027.
The RBI has introduced a new methodology for calculating Net Open Position for Small Finance Banks to align with global prudential standards. The amendment strengthens foreign exchange risk monitoring and becomes effective from April 1, 2027.
RBI has revised the methodology for computing Net Open Position and foreign exchange risk capital to align with global prudential standards. The amendment introduces a comprehensive framework applicable to commercial banks from April 1, 2027.
The RBI has directed Agency Banks not to recover excess government pension without giving prior notice and ensuring compliance with applicable legal principles. The amendment introduces a fair recovery framework and safeguards pensioners’ rights.
RBI has replaced the existing TReDS guidelines with a comprehensive Master Direction that streamlines regulations, simplifies MSME onboarding, and strengthens the framework for trade receivables financing. The new rules also permit credit guarantee cover for financiers.
RBI has clarified that pre-sanctioned UPI credit lines will be regulated based on the nature of the underlying credit facility, not the payment channel. The amendment also requires banks to align such products with their credit policies and existing regulations.
RBI has amended the Small Finance Banks Credit Facilities Directions to clarify that pre-sanctioned UPI credit lines will be regulated based on the nature of the underlying credit facility. The amendment also mandates compliance with applicable prudential norms and bank credit policies.
The Food Safety and Standards Authority of India (FSSAI) has notified the Food Safety and Standards (Licensing and Registration of Food Businesses) Second Amendment Regulations, 2026, effective from the date of publication in the Official Gazette. The amendments follow public consultation on the draft regulations issued in January 2026 under Section 92 of the Food […]
KSCAA has urged the Government to extend the GSTAT appeal filing deadline by three months, citing technical glitches, procedural ambiguities, and compliance challenges. The representation also seeks detailed guidance to ensure uniform and error-free appeal filings.
The notification updates compounding amounts for key FCRA violations, including excess administrative expenses, speculative investments, and misuse of foreign contributions. It also clarifies that the revised provisions apply prospectively.
