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BANK REGULATION
RBI pushes banks, NBFCs to own data risks across third partiesThe RBI has sought comments from the public by August 17 on its draft proposals titled 'Guidance on Regulatory Expectations for Data Govern...- Fed's Kevin Warsh says interested in probe of Bowman bank meeting, won't prejudge outcomeFederal Reserve Chairman Kevin Warsh has shown keen interest in probing a discussion that took place between a top regulator and participan...
- HDFC Bank gets RBI nod to appoint Rajiv Kumar as part-time chairmanHDFC Bank received RBI approval for Rajiv Kumar's appointment as part-time chairman. His three-year term as chairman will begin on July 15,...
- India, UAE central banks said to hold talks on FX deposit issuesIndia and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...
- Global Market: BoE governor calls for balanced banking rules, rejects deregulation pushBank of England Governor Andrew Bailey pushed back against broad calls for deregulation, arguing that effective financial rules are essenti...
- RBI Ombudsman scheme 2026: You can get up to Rs 33 lakh compensation for your bank grievances under this schemeThe RBI Ombudsman 2026 scheme offers free grievance redressal for customers. This scheme covers complaints against banks and other regulate...
- RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...
- UK banks' lack of Mythos access a wake-up call, government AI adviser saysHarriet Rees, chief information officer at Starling Bank, who was appointed "AI champion" by the finance ministry in January, said Britain ...
- RBI amends bank board governance norms, new rules to kick in from Oct 1In a move to bolster the banking sector, the Reserve Bank of India has unveiled new guidelines for bank board conventions, set to take effe...
- RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banksThe RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeate...
- Canada regulator cited Anthropic's Claude Mythos in warning to banks on cyber risks, email showsThe regulator, the Office of the Superintendent of Financial Institutions, sent the email to chief technology officers, chief information s...
- Renewable developers get one-time exit for unused grid connectivityThe power sector regulator has introduced a new framework for renewable energy projects. Developers can now surrender, transfer, or retain ...
- RBI Deputy Guv pushes for meaningful, fair grievance redressalThe conference brought together IOs from across a representative spectrum of regulated entities including banks, non-banking financial comp...
- RBI deputy guv asks financial entities' ombudsmen to provide effective complaint resolutionReserve Bank Deputy Governor Swaminathan J urged internal ombudsmen to ensure fair complaint resolutions. He asked them to identify recurri...
- RBI seeks banks’ views on introducing education savings plan with better returnsThe Reserve Bank of India is exploring a new savings product for education. Banks are discussing this proposal and will submit their recomm...
- RBI steps up scrutiny of Corporate India's foreign investmentsIndian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations wit...
- UK to regulate cloud service providers Microsoft, Google and others to protect financial stabilityThe UK government has identified Microsoft, Google, Amazon, and Oracle as essential cloud providers, implying new regulatory measures for t...
- US Stock Market: SEC clears path for UBS crisis resolution plan with key bail-in guidanceThe US Securities and Exchange Commission will not object to certain UBS securities transactions. This regulatory relief aids Switzerland's...
- US SEC removes legal obstacle to UBS' crisis-resolution planThe U.S. SEC cleared a key legal hurdle for UBS by allowing potential debt-to-equity conversions under its crisis-resolution plan without e...
- Is enforcement of banking regulations ownership neutral?Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout...
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