Search For "regulated entities"
Release borrowers’ property documents within 30 days of loan settlement or
Updated : 2 years, 6 months ago IST
The Reserve Bank of India on Wednesday asked banks and other regulated entities to release all the original movable or immovable property documents and remove charges registered against any personal loan borrowers within a period of 30 days after full repayment or settlement of loans.
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Stack Identity Announces Compliant-Ready Solutions for REs in Alignment wi
Updated : 2 years, 7 months ago IST
Pune (Maharashtra) [India], August 21: Silicon Valley based startup Stack Identity with R&D operations in Pune, India has announced it has launched the first “Out-of-the-Box” solution to help regulated entities such as stock exchanges, clearing corporations, depositories, stockbrokers, a
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Banks must allow retail borrowers to switch between fixed and floating rat
Updated : 2 years, 7 months ago IST
Reserve Bank of India on Friday said regulated entities (REs) have the freedom and they must offer all categories of retail loans either on a fixed or floating interest rates basis.
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Measuring exposure at risk key to manage climate events: RBI Dy Governor
Updated : 2 years, 8 months ago IST
Stating that the consequences, intensity, severity, and frequency of climate events were hard to measure and difficult to predict, the Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao noted that the first step for banks and other regulated entities must take is to measure the amou
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Ombudsman scheme is single-window facility for plaints redressal against R
Updated : 3 years ago IST
To increase awareness about the Reserve Bank Integrated Ombudsman Scheme - 2021, a media interaction was organised under the aegis of G20 and on the occasion of World Consumer Rights Day celebrated on March 15.
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Bank of Maharashtra organises Town Hall Meeting on the Customer Rights and
Updated : 3 years, 3 months ago IST
Mumbai (Maharashtra) [India], December 1 (ANI/PNN): Bank of Maharashtra, a premiere public sector bank in the country, organised Nationwide Intensive Awareness Campaign, under the supervision of RBI on November 28, 2022, at PYC, Pune. The Town hall meeting was organised for customers from di
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IFSCA signs MoU with RBI in the field of regulation, supervision of regula
Updated : 3 years, 4 months ago IST
The MoU facilitates technical cooperation and the exchange of information, according to an official statement from IFSC Authority released on Wednesday.
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RBI Governor urges ombudsman to be sensitive, judicious while redressing c
Updated : 3 years, 4 months ago IST
The Governor said the RBI Ombudsmen and the regulated entities (REs) must first identify the root causes of persisting customer complaints and take necessary systemic measures to correct them. Second, the resolution of customer complaints by the REs and the RBI ombudsmen have to be fair and
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RBI releases first set of norms for digital lending
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 10 (ANI): The Reserve Bank of India (RBI) on Wednesday released the first set of norms to regulate digital lending to crack down on the growing number of online frauds and unlawful activities.
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RBI drafts plan on outsourcing of IT services by banks, NBFCs
Updated : 3 years, 9 months ago IST
New Delhi [India], June 24 (ANI): In order to ensure effective management of risks in outsourcing of IT activities by banks, non-banking financial companies, and other regulated entities, the Reserve Bank of India issued a draft 'Master Direction on Outsourcing of IT Services'.
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RBI says it has not authorised any third party for collecting fees for gri
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], March 9 (ANI): The Reserve Bank of India (RBI) said on Wednesday that it has not authorized any third party for providing support in grievance redressal of the central bank's regulated entities, as claimed in messages being spread through certain sections of the
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RBI cautions against frauds in the name of KYC updation
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 13 (ANI): Banking regulator Reserve Bank of India (RBI) on Monday cautioned people not to share account login details, personal information, copies of KYC documents, card information, PIN, password and OTP with unidentified persons or agencies.
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