Category: Banking Regulation
Banking Regulation
Accelerating Financial Recovery: Leveraging ODR in the Banking Sector
By aligning Online Dispute Resolution processes with the principles outlined by the RBI, Banks and financial institutions can navigate disputes effici [...]
De-Dollarisation and its Impact on Indian Economy
De-dollarization refers to the gradual shift away from the dominance of the U.S. dollar in international trade and finance. Many countries, including [...]
RBI Guidelines on Regulation of Payment Aggregators and Payment Gateways
With the Indian online payments market anticipated to reach $1 trillion by 2023 ,it is no surprise that the RBI has opted to act and chosen full and d [...]
RBI accepts key recommendations of IWG
RBI has accepted 21 key recommendations given by Internal Working Group (IWG) in November 2020. This is a quick summary of most significant points [...]
A Case for Corporate Ownership of Banks
The question of permitting Non-Financial Corporates (NFCs) into banking is well debated. While the jury is still out, the bias is clearly towards ‘NFC [...]
Banking on SPAM?
In a recent survey we found 86% of participants reported Banks and FIs to be the biggest spammers. With costs of communication coming close to zero, t [...]
Loan Agreements: A contract between unequals!
Bank Loan agreement had been written ages ago. There are innumerable archaic clauses that may be unjustifiably invoked, without assigning any reasons [...]
RBI empowers CRO office: Endeavour to make NBFCs bullet proof!
In a recent circular RBI has made a high decibel statement about the CRO’s independence and has put a lot of onus on the boards of NBFCs. Importantly, [...]
The Case of Central Bank Digital Currency (CBDC)
There is a good case for Central Bank Digital Currency (CBDC) in today’s world, but at the same time we cannot brush aside concerns on architecture, i [...]
How are ‘Global Systemically Important Banks’ (G-SIB) monitored under BASEL
Failure of a Systemically Important Bank amplifies the impact on world economy for two reasons. Firstly, banking services in many countries rely heavi [...]