Searched for
RBI 2018 CIRCULAR
Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...- ED flags Rs 11,600 crore 'proceeds of crime' in RHFL, RCFL probeThe Enforcement Directorate has alleged over ₹11,600 crore as proceeds of crime in a money laundering probe involving Reliance Home Finance...
- RBI Guv flags major concerns over cryptos' impact on financial stabilityThe statement comes just a few days after the central bank issued a circular that prohibits Indian banks from referring to its now-scrapped...
- Waiting for Cabinet approval, says FM Nirmala Sitharaman on bill on cryptocurrencyUnderlining that both the government and the RBI are "committed to financial stability", RBI Governor Shaktikanta Das had said there are no...
- Smaller banks get cold feet, deactivate cryptocurrency accountsWhile large banks like State Bank of India, HDFC Bank, Axis Bank and ICICI Bank continue to be reluctant, some smaller banks such as IDFC B...
- Stance against crypto unchanged: Shaktikanta DasThis is a reiteration of the RBI’s long-held stance against the use of virtual currency in India.
- RBI says banks can’t use its 2018 circular to ban crypto transactionsIn recent weeks, several lenders including HDFC Bank and State Bank of India, had officially flagged transactions relating to the purchase ...
- Investors cheer after RBI clarifies crypto trading isn’t bannedThe regulator late on Monday told banks not to cite a 2018 central bank circular as a reason to hinder crypto trades.
- February 2018 circular created rift between Finance Ministry and RBI, says Subhash GargThe circular tightened norms on recognition of stressed assets, scrapped other restructuring schemes and said bad loans would only be resol...
- Banned cryptocurrency to uphold integrity of banking system: RBIThe central bank, through senior advocate Shyam Divan, argued that though there was no formal ban on cryptocurrencies under any law in exis...
- Four entities yet to comply with RBI's data localisation norms: Ravi Shankar PrasadLast week, the RBI issued a clarification that all data related to payments must be stored only in India.
- Supreme Court ruling to slow down resolution of stressed assets: Rating agenciesBoth Crisil and Moody’s have voiced their concerns on the impact of the Supreme court ruling.
- I am sure RBI will decide in present market conditions: Arun Jaitley on SC verdict on insolvency circularSC quashed the RBI circular of last year that pertains to the provisions for declaring a firm bankrupt even on a one-day overdue.
- SC squashing RBI circular negative for banks, to delay resolutionRating agency Moody's in a note Tuesday said voiding of the circular is credit negative for banks.
- SC order on NPAs: Power firms body heaves a sigh of reliefThe apex court quashed the RBI circular of February 12, 2018, that made it mandatory for banks to recognize even a one-day defaults by the ...
- Power stocks rally after SC quashes RBI’s Feb 12 circular on NPAThe RBI circular had earlier directed banks to refer any loan account over Rs 2,000 crore under the Insolvency and Bankruptcy Code (IBC) if...
- Fresh NPA additions at lenders slow down, recoveries on the riseBank provisions have increased, but experts say there is a perceptible change in credit culture
- How RBI's Feb 12 circular changed the way banks dealt with stressed assetsIrrespective of what happens, the February 12 circular will always be the one that shook India Inc.
- SC to hear all cases against RBI ban on virtual moneyIn the meantime, the Supreme Court has said that the petitioners can make representations to the RBI regarding the circular within two week...
- 11 individuals move SC against RBI circular that blocked banking services for bitcoin businessesThis is the fourth in the series of writ petitions against the RBI for blocking off banking services to cryptocurrency exchanges in India.
Load More
