The RBI amends rules on exporting and importing currency to Nepal and Bhutan, capping Indian notes above ₹100 at ₹25,000 for travelers, simplifying cross-border currency movement.
The RBI’s 2025 directions set comprehensive rules for small finance banks, covering loan pricing, MCLR, external benchmarks, and microfinance interest rates to ensure transparency.
The RBI has issued comprehensive directions governing credit facilities of NBFCs. The framework consolidates prudential norms, borrower protection, and digital lending safeguards.
This title emphasizes the detailed rules governing standard and stressed loan transfers, including mandatory use of Swiss Challenge auctions. The framework ensures fair price discovery, clear responsibilities, and prevention of undue risk assumptions by SFBs.
The RBI has consolidated and strengthened norms for NBFCs accepting public deposits, prescribing stricter eligibility, liquidity, and disclosure requirements. The key takeaway is enhanced depositor protection through tighter prudential and operational controls.
The RBI has introduced a comprehensive framework capping single-borrower and group exposures while mandating stricter provisioning for large borrowers. The Directions aim to ensure strong risk diversification and protect SFBs from concentrated credit vulnerabilities.
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.
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.
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.
