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RBI increases risk weights on consumer credit exposure of banks, NBFCs to 125% from 100%

RBI increases risk weights on consumer credit exposure of banks, NBFCs to 125% from 100%
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Gujarat High Court Invalidates Arbitral Awards Due To Unilateral Arbitrator Appointment By NBFCs

In a pivotal ruling, the Gujarat High Court has quashed and nullified three arbitral awards where non-banking financial companies (NBFCs) unilaterally appointed sole arbitrators. The court s decision.

RBI Partners with McKinsey, Accenture to Use AI, ML to Boost Regulatory Supervision

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