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: The RBI on Friday tweaked rules to reduce the risk faced by banks in their exposure to capital market in the case of issue of Irrevocable Payment Commitments (IPCs).The RBI issued a circular stating that "only those custodian banks will be ...
The Reserve Bank of India (RBI) has decided to permit NBFCs in the middle layer (ML) and bottom layer (BL) to offset their exposures with eligible credit risk transfer instruments, a facility that is currently available only to NBFCs in the ...
“The RBI sent a draft to the ESMA in the first week of July, there are some dilutions in the language, but they have not made any relaxations on the sticking point, which is the right to audit, inspect and potentially levy fines on the CCIL,” a source aware of the development said.
“The RBI sent a draft to the ESMA in the first week of July, there are some dilutions in the language, but they have not made any relaxations on the sticking point, which is the right to audit, inspect and potentially levy fines on the CCIL,” a source aware of the development said.
However, the RBI did not name the Adani Group in the statement.