Search For "banking regulations"
RBI gives approval to Japan's SMBC for setting up Wholly Owned Subsidiary
Updated : 2 months ago IST
SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai, Chennai and Bengaluru. The 'in-principle' approval has been granted to the bank for setting up a WOS through conversion of its existing branches in India, RBI said i
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RBI issues 244 issues Master Directions, consolidating over 9,000 circular
Updated : 3 months, 2 weeks ago IST
This exercise, according to RBI, is expected to enhance clarity, ease of access, and reduce compliance burden for REs, thereby supporting the broader objective of improving ease of doing business.
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This particular Banking Laws bill is "unique," says FM Sitharaman as Parli
Updated : 11 months, 3 weeks ago IST
Parliament on Wednesday approved the Banking Laws (Amendment) Bill, which will bring major changes in banking regulations in the country.
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Budget Session will have several key economic and policy bills to shape In
Updated : 1 year, 1 month ago IST
A series of important bills are likely to be taken up during the session. These include the Banking Laws (Amendment) Bill, 2024, aimed at strengthening banking regulations and oversight, and the Railways (Amendment) Bill, 2024, which focuses on enhancing the operational efficiency of the Ind
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Brankas Launches Integrated APAC Open Banking Compliance Solution with ADV
Updated : 1 year, 4 months ago IST
Singapore, November 7: At the Singapore Fintech Festival 2024, Brankas today announced its open banking compliance solution now comes fully integrated with an API suite and ADVANCE.AI's eKYC technology. Banks that are required to meet open banking regulations such as BI-SNAP in Indonesia can
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Anshumman Joshi-led Dhanvarsha Group executes Rs 150 crore Private Placeme
Updated : 3 years, 4 months ago IST
New Delhi [India], October 20 (ANI/SRV): Anshumman Joshi-led Dhanvarsha Group, a leading business conglomerate engaged in several sectors including finance and banking, will be investing Rs 150 crore in the share capital of the Samarth Sahakari Bank Ltd. Solapur to convert it into a Small Fi
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RBI imposes monetary penalty on Kerala State Cooperative Bank
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 10 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty on Thiruvananthapuram-based The Kerala State Co-operative Bank Ltd for non-compliance with the provisions of the banking regulations.
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Banking Regulations Bill passes in Lok Sabha
Updated : 8 years, 6 months ago IST
New Delhi [India], August 3 (ANI): The Banking Regulation (Amendment) Bill 2017, was passed in Lok Sabha on Thursday.
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Govt. empowerment of RBI to deal with stressed assets was necessary: Jaitl
Updated : 8 years, 6 months ago IST
New Delhi [India], May 5 (ANI): Union Finance Minister Arun Jaitley on Friday said that it was necessary to empower the Reserve Bank of India (RBI) in relation to specific stressed assets, since it was doubtful that whether the language of Section 35 A of the Banking Regulations Act covered
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