The Reserve Bank of India (RBI) on May 19 released revised draft guidelines on investment by regulated entities in Alternative Investment Funds (AIF), and invited public comments by June 8.

The Reserve Bank of India (RBI) has updated guidelines for minors' deposit accounts, allowing those aged 10 and above to independently operate savings and term deposits, subject to bank policies.

Sources indicate that stakeholders, including the government, have recommended key changes to the draft, emphasising ...

The RBI has advised banks to make new or amend existing policies to align them with the latest guidelines by July 1, 2025. In the meantime, existing policies may continue.

MUMBAI: India’s central bank has appealed to the country’s top court to let banks classify loans as non-performing, saying a ban imposed to help borrowers in the Covid-19 pandemic could ...

This follows new guidelines issued by the Reserve Bank of India (RBI) mandating that fund ... a non-performing asset (NPA) rate of 4%, and platform fees of 3% per annum, lenders' returns would ...

When co-lending guidelines were introduced in 2020, they were applicable only to PSL (priority sector lending) loans. However, RBI, on a case ... mention account) or ‘NPA’ (non-performing ...

Non-bank lenders in Mumbai plan to address the Reserve Bank of India regarding proposed co-lending rule changes. The new ...