Search results
RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling - ET...
The Economic Times· 5 hours agoFollowing the Supreme Court judgment of March 27, 2023, the Reserve Bank of India (RBI) on Monday...
NBFCs to have special committee, 21-day notice for fraud prevention - ET BFSI
The Economic Times· 8 hours agoThe Reserve Bank of India (RBI) on Monday released a circular to curb the fraudulent activities in...
Borrowers must get 21-day notice before fraud tag: RBI - Times of India
The Times of India· 11 hours agoRBI has said banks must give a 21-day show-cause notice to the defaulter, giving them an opportunity to present their case before classifying the account as fraud.
Fraud tag on loans only after hearing borrowers: RBI to banks
The Economic Times· 15 hours agoThe Reserve Bank of India (RBI) has asked banks to give borrowers at least three weeks to respond...
Sebi to release discussion paper on curbing retail speculation in F&O trading
Livemint· 17 hours agoThe SMAC meeting was held to deliberate the recommendations of the Padmanabhan Working Group...
RBI calls on lenders to hear borrowers before declaring account fraud
Business Standard India· 18 hours agoThe move follows the Supreme Court judgment of March 27, 2023, that borrowers must be given a...
RBI issues revised circular to declare accounts as fraud, incorporates Supreme Court ruling on...
Business Today· 20 hours agoAll regulated entities will now have to issue a detailed show cause notice to the persons, entities...
Real estate stocks are roaring. But there is a dark side.
Livemint· 21 hours agoWhile this is a positive development, in the overall stressed project scenario, where resolution and...
RBI revises fraud circular to account for Supreme Court's ruling on borrower rights - CNBC TV18
CNBC TV18· 21 hours agoThe Reserve Bank of India (RBI) on Monday, July 15, issued revised Master Directions on the...
RBI issues fresh circular to all banks, HFCs on classifying accounts as fraud
CNBC Awaaz· 22 hours agoThe RBI has issued a master circular on fraud risk management for all banks, HFCs and NBFCs to...