RBI’s Financial Stability Reports – A Commentary on its Purpose and Contents
By Nishanth Kumar, Madhu Srinivas & Deepti George, Dvara Research The Reserve Bank of India (RBI) has been publishing its…
Comments on the RBI Draft Master Directions on Issuance and Operation of Prepaid Payment Instruments in India
The Reserve Bank of India (RBI) released the Master Directions on Issuance and Operation of Pre-paid Payment Instruments (PPIs) in India (Draft Circular) on 20 March 2017.
Replug – Interview with Dr. Viral Acharya
The Government today appointed Dr. Viral Acharya, Professor of Economics at the New York University Stern School of Business, as RBI Deputy Governor for 3 years.
A brief comparison of Regulatory Requirements of Payments Banks, Small Finance Banks and Universal Banks
RBI recently released the operating guidelines for the Small Finance banks and Payments Banks on October 6, 2016. To take stock of these, we have put together a brief comparison…
Being ‘Sachet’ in Curbing Illegal Money Deposits
Taking a significant step towards curbing illegal collection of deposits by unauthorized and illegal entities, RBI recently set up a website named ‘Sachet’ (Alert).
Response to the Reserve Bank of India’s Consultation Paper on Peer To Peer Lending
Recently the Reserve Bank of India released a Consultation Paper on Peer to Peer Lending aimed at defining the contours of regulating Peer to Peer (P2P) Lending in India….
Video: Recent Regulatory Developments in Advancing Financial Inclusion
As part of IFMR Finance Foundation’s Financial Deepening & Household Finance Research Initiative, the National Stock Exchange & IFMR Finance Foundation recently hosted a two-day Inaugural Conference in Mumbai…
Ubiquitous Access to Payments – One (big) Step Forward
Yesterday, the RBI announced in-principle Payment Bank licenses for eleven applicants. To put things in perspective, there were two new bank licenses in the last decade.
Suitability becomes a Customer Right
The RBI has published on its website the final Charter of Customer Rights for banking customers.
Payments Banks become a reality
The RBI has published final Guidelines for Licensing of Payments Banks in India after reviewing feedback and comments obtained by it on the draft guidelines that were published in…