The government extended the Minimum Import Price on specified paper board imports to maintain existing policy conditions. The notification continues earlier safeguards without altering terms.
RBI sets new framework for agency commission, reporting, and monitoring of agency banks. Key takeaway: stricter compliance and standardized processes now mandatory.
RBI introduced new directions mandating prompt pension credit and adherence to government orders. The framework ensures efficiency, accountability, and improved service delivery to pensioners.
RBI now requires financial institutions to factor in calamity risks while evaluating borrowers. This move ensures more resilient and realistic credit risk assessments.
RBI permits financial institutions to waive or reduce charges for customers in disaster-hit areas. The amendment ensures temporary financial relief and promotes responsible lending practices during crises.
RBI permits accounts slipping into NPA due to calamities to be upgraded to ‘Standard’ after resolution. This ensures relief to borrowers while maintaining regulatory discipline.
RBI mandates Regional Rural Banks to consider disaster impacts while evaluating loans. The move strengthens rural credit risk management and promotes responsible lending.
RBI establishes a structured resolution mechanism for borrowers impacted by natural disasters. The framework ensures timely relief while maintaining regulatory discipline and coordination.
RBI has amended credit risk rules requiring rural cooperative banks to consider calamity risks while assessing borrowers. The move strengthens risk evaluation and promotes resilient lending practices.
RBI now requires NBFCs to factor in calamity risks while assessing borrower creditworthiness. The move strengthens risk-sensitive lending and improves financial resilience.
