WebApr 11, 2024 · The purpose and rationale for the framework, RBI said is to encourage REs to "offer green deposits to customers, protect interest of the depositors, aid customers to achieve their sustainability ... WebIn lieu of this, RBI issued a Master Directions and Guidelines for Non-Banking Financial corporations, to resolve weakness in the cybersecurity governance framework mainly driven by the demand and need for mitigating the cyber threats coming out of evolving technology adopted by these corporations. As per the new directive, the NBFCs are ...
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WebApr 11, 2024 · Green finance is also progressively gaining traction in India: RBI. The financial sector can play a pivotal role in mobilising resources and their allocation thereof in green activities/projects. Green finance is also progressively gaining traction in India, RBI said as it issued the framework for acceptance of green deposits by regulated entities. WebJun 8, 2024 · In exercise of the powers conferred in terms of clause (b) of sub-section (1) of 45-L of the Reserve Bank of India Act, 1934 (Act 2 of 1934), the Reserve Bank of India being satisfied for the purpose of enabling it to regulate the credit system of the country to its advantage it is necessary so to do, hereby issues Master Directions - Information … high energy windows
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WebMar 12, 2024 · IDBI Bank Out of PCA framework: According to the RBI, it was noted that as per published results for the quarter ended December 31, 2024, the bank is not in breach of the PCA parameters on regulatory capital, net NPA, and leverage ratio so IDBI Bank Out of PCA framework. The bank was put under the PCA framework in May 2024, slapping curbs … WebMar 25, 2024 · PTI / Mar 26, 2024, 00:15 IST. MUMBAI: Reserve Bank of India ( RBI) on Friday released the framework for geo-tagging of payment system touch points to ensure proper monitoring of the availability ... WebMar 15, 2024 · Prompt Corrective Action or PCA is a framework under which banks with weak financial metrics are put under watch by the RBI. The PCA framework deems banks as risky if they slip below certain norms on three parameters — Capital ratios, asset quality and profitability. It has three risk threshold levels ( 1 being the lowest and 3 the highest ... high energy vegan foods