The Reserve Bank of India (RBI) has introduced a new framework to regulate penal charges on loans — marking a significant shift toward more transparent and borrower-friendly lending practices.
Key Highlights:
No More Penal Int...
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The International Financial Services Centres Authority (IFSCA) has introduced key updates to its Fund Management Regulations, 2022, effective February 19, 2025. These revisions align with the December 2024 proposals and bring significant changes for ...
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On August 16, 2024, the Reserve Bank of India (RBI) issued a notification announcing significant revisions to the Master Direction – Non-Banking Financial Company – Peer to Peer Lending Platform (Reserve Bank) Directions, 2017 (‘Dir...
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On May 28, 2024, Shri Shaktikanta Das, Governor of the Reserve Bank of India (RBI), inaugurated three significant initiatives to enhance regulatory processes and financial inclusivity. The launch event was attended by prominent figures, including Shr...