Page-4 of Reserve Bank of India (RBI)

Tax – Paid Green Bond Issuance

The Government of India issues green bonds to develop the clean energy sector in the country. The bonds act as security for a loan. Usually, the bonds are tax-free. Taxes are exempted to increase the number of green projects in ..

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Stressed Assets Securitisation Framework

The Non – Performing assets, written–off assets, and restructured loans are grouped together as Stressed Assets. In simple words, there is no profitable revenue from these assets. Liquidating stressed assets are highly challenging. To make the sale process of these ..

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RBI’s Revised Bank Locker Rules

The Reserve Bank of India’s revised bank locker rules will come to effect from January 1, 2023. What are the revised bank locker rules? The revised bank locker rules were released by the RBI on August 2021. All the existing ..

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Single-block-and-multiple debit in UPI

At the end of the recently held Monetary Policy Committee’s Meeting, RBI Governor announced that UPI’s capacity will be enhanced through the introduction of single block and multiple debits functionality, enabling the users to block funds in their accounts to ..

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RBI Framework on Indian Banks’ Foreign Businesses

On December 1, the Reserve Bank of India has unveiled a framework allowing overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities that are not specifically permitted in the Indian domestic market. This framework has been ..

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RBI Unveils 4-tiered Regulatory Framework for Urban Cooperative Banks

A four-tiered regulatory framework for categorization of the Urban Cooperative Banks (UCBs) was recently released by the Reserve Bank of India (RBI). It had also announced norms concerning the net worth and capital adequacy of these banks. Why is the ..

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