RBI Direction Report – 23rd June 2026 | Trade Receivables Discounting System (TReDS)

The Reserve Bank of India has issued the finalized Trade Receivables Discounting System (TReDS) Directions, 2026, superseding previous operational frameworks. The amendments aim to accelerate MSME liquidity by removing onboarding frictions, harmonizing operational guidelines, and fortifying the capital structure of platform operators. Immediate strategic and operational realignments are required by platform participants to remain compliant […]

RBI Amendments, RBI Direction

RBI Penalty Report – 19th Jun 2026

Five Star Business Finance Limited Penalty: ₹6.20 Lakh 📋 Key Details Date of Order: June 18, 2026 Violations: KYC Directions & Fair Practice Code. Specifics: Lack of software for suspicious transaction reporting; failure to disclose risk gradation and rationale for interest rates to borrowers. 🔍 Root Cause Analysis (RCA) Over-reliance on manual AML/KYC monitoring processes

RBI Penalty

RBI Circular Report – 19th June 2026 | Lead Bank Scheme

Subject: Finetuning the LBS framework, restructuring fora, and strengthening administrative functioning for enhanced credit flow. 1. Executive Summary Following the public consultation initiated via a draft circular on February 13, 2026, the Reserve Bank of India (RBI) has issued the final revised guidelines for the Lead Bank Scheme (LBS) on June 19, 2026. The revised

RBI Circular

RBI Direction Report – 19th June 2026 | Revised Kisan Credit Card (KCC) Scheme

Following public consultations, the Reserve Bank of India (RBI) issued finalized Master Directions on June 19, 2026, to revamp the Kisan Credit Card (KCC) framework. Effective January 1, 2027, these changes standardize crop season definitions, extend KCC tenure, and integrate modern agricultural technology expenses into credit limit assessments. Amendment 1 Reserve Bank of India [Commercial

RBI Direction

RBI Amendments Report – 15th Jun 2026 | Advertising, Marketing and Sale of Financial Products and Services by Regulated Entities

On June 15, 2026, the Reserve Bank of India (RBI) issued a comprehensive set of Amendment Directions targeting Responsible Business Conduct and the Undertaking of Financial Services by Regulated Entities (REs). The objective is to curb mis-selling, regulate Direct Selling Agents (DSAs) / Direct Marketing Agents (DMAs), prohibit “dark patterns” in digital interfaces, and enforce

RBI Amendments

RBI’s Action Report – 12th Jun 2026 | Mogaveera Co-operative Bank Ltd.

The Reserve Bank of India (RBI) has placed Mogaveera Co-operative Bank Ltd., Bombay under strict regulatory directions effective from the close of business on June 12, 2026. This action was necessitated by the bank’s deteriorating liquidity position and the failure of its Senior Management and Board to adequately address ongoing supervisory concerns despite continuous engagement

RBI Action

RBI Penalty Report – 12th Jun 2026

1. IIFL Samasta Finance Limited Key Details Penalty Amount: ₹3.90 lakh. Regulatory Violation: Non-compliance with ‘Know Your Customer (KYC)’ and ‘Fraud Risk Management in NBFCs’ directions. Specific Failures: The company failed to put in place a robust software for the effective identification and reporting of suspicious transactions. Additionally, it failed to disclose correct details of

RBI Penalty

RBI Draft Amendments Report – 10th Jun 2026 | Harmonisation and Consolidation of Instructions on Control / Assurance Functions

The Reserve Bank of India (RBI) has issued 11 draft Amendment Directions to standardize the operational frameworks of control and assurance functions—specifically the Chief Risk Officer (CRO), Chief Compliance Officer (CCO), and Head of Internal Audit (HIA). The overarching theme across all regulated entities is the strict mandate for employer-employee relationships (barring external consultants from

RBI Amendments Draft
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