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RBI DRAFT RULES
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...
Can banks block your mobile in case of loan default? RBI lays down rules for restricting services; Rs 250/hour compensation in this caseIf the lender bank decides to deploy any technology-based mechanism for restricting or disabling the functionalities of a mobile device of ...
Top-level rejig hits mid-cap ITs; Fintechs wary of RBI wallet rulesHappy Thursday! Mid-sized IT firms are realigning leadership teams as AI-driven changes force a rethink. This and more in today's ETtech Mo...
Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
No PAN, no purchase allowed - not even with Form 97; PAN is now mandatory for these high value transactions under new tax rulesNew Income Tax Rules, 2026, effective April 1, 2026, mandate PAN for several high-value transactions. Form 97 replaces Form 60, but its use...
PSU bank stocks fall up to 3%. How RBI’s ECL directions can impact lendersPSU bank stocks fell up to 3% on Tuesday after RBI confirmed the rollout of the Expected Credit Loss (ECL) framework from April 2027, trigg...
Expected credit loss rules: New provisioning framework to come into force in April 2027The new ECL guidelines would introduce a "staging framework" for asset classification under the ECL approach, replacing the existing incurr...
Gold loan startups find new shine; Infy Q4 profit jumpsHappy Friday! Gold loan fintechs are moving towards building their own loan books. This and more in today's ETtech Morning Dispatch.
RBI proposes measures to strengthen Prepaid Payment Instruments frameworkThe Reserve Bank of India is introducing new rules for Prepaid Payment Instruments. These changes aim to boost the long-term growth of thes...
Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...
RBI eases NPA-linked capital rules, scraps IFR buffer for banksThe Reserve Bank of India is easing capital rules for banks. A key condition linking quarterly profits to capital adequacy based on NPA pro...
RBI revamps business correspondent model to boost last mile delivery of financial servicesThe Reserve Bank of India is overhauling its business correspondent system. New service points, Business Correspondent-Banking Outlets and ...
RBI issues draft rules for credit derivatives and total return swaps linked to corporate bondsThe Reserve Bank of India (RBI) has released draft rules for derivatives on credit indices and total return swaps (TRS) linked to corporate...
PSBs seek changes to rules for Infra loans, may approach govtState-owned lenders plan to approach the government seeking changes to terms governing performance bank guarantees (PBGs), timely compensat...
Draft rules on online gaming being scrutinised, to be notified soon: MoS IT Rajeev ChandrasekharOn cryptocurrency and blockchain, Chandrasekhar said the government had a clear stance on the future of the internet, which is Web 3 and bl...