WebApr 11, 2024 · To ensure effective management of risks, the RBI issued regulatory guidelines on Outsourcing of IT Services. RBI has said that the underlying principle of these directions is to ensure that outsourcing arrangements neither diminish the ability of regulated entities to fulfil their obligations to customers nor impede effective supervision by the RBI. The … WebApr 11, 2024 · The Reserve Bank of India (RBI) on Tuesday announced a framework for accepting ‘green deposits’ by banks and deposit-taking non-banking finance companies …
RBI Revised PCA Framework - NextIAS
WebJul 6, 2024 · The Reserve Bank of India (RBI) recently released a consultative document on revised framework for the regulation of microfinance loans. The document released by the central bank proposes to protect microfinance from over-indebtedness, bringing down interest rates through competitive forces, and empower borrowers to make informed … Web2 days ago · The Reserve Bank of India (RBI) has announced the framework for the acceptance of green deposits of regulated entities (RE). The central bank has put in place the framework, which will come into effect from June 1, 2024, to foster and develop a green finance ecosystem in the country. The framework aims to encourage regulated entities … ovulation on birth control
RBI issues framework for acceptance of green deposits by banks, …
WebMar 11, 2024 · The Reserve Bank of India (RBI) has revised the Prompt Corrective Action (PCA) Framework for scheduled commercial banks. The provisions of the revised framework will come into effect from January 01, 2024. About . Earlier framework mechanism: The leverage was also monitored additionally as part of the PCA framework, … WebApr 12, 2024 · The Reserve Bank of India (RBI) has put in place a framework for accepting green deposits, the central bank said in a notification on Tuesday. The framework will … WebConsidering the vital role played by this sector, and their increasing reliance on Information Systems/Technology for service delivery, RBI has issued an IT Framework for NBFC sector. The IT framework focuses on IT Governance, IT Policy, Information & Cyber Security, IT Operations, IS Audit, Business Continuity Planning and IT Services Outsourcing. randy rheault