1. Shri Ram Finance Corporation Private Limited Key Details Date of Order: August 19, 2026 Penalty Amount: ₹8.10 Lakh Reference Period: Financial position as of March 31, 2025 Violations / Deficiencies Failure to obtain prior written permission from RBI for appointment of a director, which resulted in a change in management (change of more than […]
RBI Regulatory Actions Report – August 2026 On August 11, 2026, the Reserve Bank of India (RBI) issued three separate press releases detailing major regulatory actions concerning the Certificates of Registration (CoR) for a total of 64 Non-Banking Financial Companies (NBFCs). These actions demonstrate the RBI’s stringent oversight over the NBFC sector to ensure market
1. IndusInd Bank Limited Key Details Date of Order: August 14, 2026 Penalty Amount: ₹59.20 Lakh Statutory Basis: Section 47A(1)(c) read with Section 46(4)(i) of the Banking Regulation Act, 1949. Violations: Non-compliance with RBI directions on ‘Interest Rate on Deposits’ and ‘Securitisation of Standard Assets’. Specifically: Paying interest on deposits held in certain current accounts.
The Reserve Bank of India (RBI) has issued unified Draft Directions aimed at harmonizing the interest rate frameworks across all Regulated Entities (REs). The core objectives are to ensure effective monetary policy transmission, standardize the pricing of credit risk, and guarantee fair, non-discriminatory treatment of borrowers. The master direction takes effect on April 1, 2027,
The concept of the “Original” (the Divine, the Absolute Truth, the core essence) and the “Duplicate” (avatars, false prophets, illusions, or earthly manifestations) is a recurring theme across major world religions. When translated into the corporate ecosystem, these metaphysical concepts offer profound lessons on authentic leadership, strategic vision, enterprise risk management, and the difference between
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
