RBI Amendments Report – 14th Jul 2026 | Matters to be placed before the Boards of the Banks

The Reserve Bank of India has issued comprehensive Amendment Directions to transition Board governance from a rigid, rules-based framework (previously categorized by seven broad themes) to a dynamic, principle-based approach. The core objective is to free up Board bandwidth, eliminate redundant operational reporting, and foster deeper, qualitative engagements on strategic growth and risk governance. Applicable […]

RBI Amendments

The Chief Soul of the Boardroom: Remembering Our Humanity at the Highest Levels of Power

The term “C-suite” refers to the highest-ranking executives in an organization—the Chief Executive Officer (CEO), Chief Operating Officer (COO), Chief Financial Officer (CFO), and others. These leaders carry the immense responsibility of setting strategic direction, ensuring operational alignment, and safeguarding the company’s future. Stepping into a chief role means shifting from executing tasks to orchestrating

Sunder Dinesh

RBI Penalty Report – 3rd July 2026

1. Bank of Baroda Key Details Penalty Amount: ₹63.60 Lakh Date of Order: June 30, 2026 Violations: ‘Fair Practices Code for Lenders’ and ‘Know Your Customer (KYC)’. Specific Lapses: Collected interest higher than the contracted rate in certain loan accounts; failed to upload KYC records of certain customers onto the Central KYC Records Registry (CKYCR)

RBI Penalty

RBI Penalty Report – 25th June 2026

1. Hutatma Sahakari Bank Ltd., Walva, Maharashtra Key Details Penalty Amount: ₹5 Lakh Date of Order: June 19, 2026 Nature of Violation: Sanctioned loans to a relative of its director. Non-compliance with directions on ‘Loans and Advances to Directors, their Relatives, and Firms / Concerns in which they are Interested’. Root Cause Analysis (RCA) Failure

RBI Penalty

RBI Draft Master Direction on Call, Notice and Term Money Markets – 25th June 2026

The Reserve Bank of India (RBI) has issued a draft Master Direction for the Call, Notice, and Term Money Markets, aiming to deepen market participation and enhance liquidity. The directions consolidate previous circulars and introduce explicit borrowing limits, mandate NDS-CALL platform membership, and stipulate strict early termination clauses. Market participants must align their treasury operations,

RBI Master Direction Draft

RBI Draft Master Direction on Secondary Market Transactions in Government Securities – 25th June 2026

On June 25, 2026, the Reserve Bank of India (RBI) released a Draft Master Direction consolidating and streamlining the compliance instructions for secondary market transactions in Government Securities (G-Secs). 1. Applicable Entities The directions govern secondary market transactions undertaken in the over-the-counter (OTC) market and on recognized stock exchanges in India. The applicability is broad

RBI Master Direction Draft

RBI draft ‘Guidance on Regulatory Principles for Model Risk Management’ – 24th June 2026

The Reserve Bank of India (RBI) has issued a holistic framework to govern the rapidly expanding use of models (including AI/ML and third-party systems) across financial institutions. Recognising the financial, operational, compliance, and reputational risks of flawed models, the guidance mandates a robust Model Risk Management Framework (MRMF), strict lifecycle governance, independent validation, and enhanced

RBI Guidance Draft

RBI Master Direction on Credit Derivatives – 25th June 2026

Management Report: RBI Master Direction on Credit Derivatives 2026 Following the Union Budget announcement for FY 2026-27, the Reserve Bank of India (RBI) has issued the Master Direction on Credit Derivatives 2026. This comprehensive framework introduces landmark changes, specifically enabling derivatives on credit indices and Total Return Swaps (TRS) on corporate bonds. 1. Expansion of

RBI Master Direction

RBI Amendments Report – 24th Jun 2026 | Net Open Position – Revised Instructions

On June 24, 2026, the Reserve Bank of India (RBI) issued finalized Amendment Directions modifying the computational framework for the Net Open Position (NOP) and capital charges for foreign exchange (forex) risk. Aligning deeply with the Basel Committee on Banking Supervision (BCBS) standards, these amendments mandate a unified, global approach to forex risk management, discarding

RBI Amendments
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