Category: Banking Regulation
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
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 [...]
Without Regulatory blessings, Q4-2021 to be litmus test for Banks
As we enter the climax, two questions arise – Would there be large scale Covid provision write backs? and, What would happen to asset growth of banks [...]
Budget 2021: The return of Keynesian Economics
There is no doubt that this is an expansionary budget, cheered by the markets and the industry. However, the onus is squarely on the execution of proj [...]
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 [...]