1. Infinity Fincorp Solutions Private Limited Key Details Penalty Amount: ₹5.40 Lakh Order Date: August 03, 2026 Regulatory Violations: Non-compliance with RBI ‘Know Your Customer (KYC) Directions’ and ‘Fair Practice Code’. Reference: Statutory Inspection based on financial position as of March 31, 2025. Root Cause Analysis (RCA) The penalty stems from systemic gaps in both […]
1. Executive Summary The Reserve Bank of India (RBI) has issued draft directions to revise the Credit Valuation Adjustment (CVA) framework, aligning it with the final Basel III standards established by the Basel Committee on Banking Supervision (BCBS). CVA reflects the adjustment to the default risk-free prices of derivatives to account for potential counterparty default.
Executive Summary Based on the press release dated August 7, 2026, the RBI has proposed amendments to Chapter VII of the 2025 Prudential Norms on Capital Adequacy. The primary objective is to align India’s banking framework with the globally recognized BCBS Leverage Ratio 2017 Standard. The leverage ratio acts as a non-risk-sensitive backstop to risk-weighted
Executive Summary: Based on the Press Release dated August 06, 2026, the Reserve Bank of India has issued two draft Directions overhauling the regulatory framework for Rural Co-operative Banks (RCBs). These drafts—the Concentration Risk Management Directions, 2026, and the Credit Facilities Amendment Directions, 2026—aim to align RCB operations with broader prudential norms by restructuring exposure
Executive Summary The “Reserve Bank of India (Non-Banking Financial Companies – Credit Facilities) Amendment Directions, 2026” introduces critical regulatory refinements aimed at strengthening prudential norms, enhancing corporate governance, and aligning NBFC credit risk management with global standards. Detailed Amendment Analysis & Action Plans 1. Stricter Prudential Norms and Exposure Limits Applicable Entity: All NBFCs extending
1. Introduction & Background On August 5, 2026, the Reserve Bank of India (RBI) released draft guidelines proposing the resumption of ‘on tap’ licensing for Urban Co-operative Banks (UCBs). This marks a significant policy shift, ending a virtual freeze on new UCB licenses that had been in place since June 2004. The move follows improved
1. Executive Summary On August 6, 2026, the Reserve Bank of India (RBI) issued finalized Amendment Directions aimed at standardizing and strengthening the regulatory framework for loan recovery processes and the engagement of recovery agents. Following a draft release on May 20, 2026, these amendments emphasize responsible business conduct, protecting borrowers from coercive tactics, and
1. Raigad District Central Co-operative Bank Ltd., Maharashtra Key Details Penalty Amount: ₹10.10 Lakh (Rupees Ten Lakh and Ten Thousand only) Order Date: July 23, 2026 Contraventions: Section 20(1) read with section 56 of the Banking Regulation Act, 1949 (BR Act). Directions issued by RBI on ‘Membership of Credit Information Companies (CICs) by Co-operative Banks’.
The Reserve Bank of India has undertaken a massive regulatory restructuring aimed at rationalizing compliance and minimizing operational costs for regulated entities. The sweeping changes involve the repeal of 628 legacy circulars and their consolidation into 64 entity-specific, function-wise Master Directions. 1. Applicable Regulated Entities The consolidated Master Directions apply across 11 specific categories of
