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RBI issues new order to help recovery of unclaimed deposits in banks - Vimarsana News

RBI issues new order to help recovery of unclaimed deposits in banks

The Reserve Bank of India (RBI) has issued fresh instructions to banks to strengthen the ongoing efforts to reduce the quantum of unclaimed deposits in the banking system and return such deposits to their rightful owners or claimants.As per the ...

foreign exchange derivatives: RBI refines extant framework for FX hedge to enhance efficiency, ease of access - Vimarsana News

foreign exchange derivatives: RBI refines extant framework for FX hedge to enhance efficiency, ease of access

Based on the feedback from the market, the regulatory framework has been made more comprehensive by consolidating directions for all types of transactions – over-the-counter (OTC) and exchange-traded - under a single Master Direction, the RBI said in a release.

RBI Mandates IT Services Framework For REs - Vimarsana News

RBI Mandates IT Services Framework For REs

S Ravi - REs shall facilitate the easy administration of IT and cyber governance and compliance, in place of the prevalent multiple circulars, , it services

RBI issues new directions to banks, NBFCs on IT governance & cyber security - Vimarsana News

RBI issues new directions to banks, NBFCs on IT governance & cyber security

The RBI has issued a new comprehensive Master Direction to banks and NBFCs on Information Technology Governance, Risk, Controls and Assurance Practices

RBI issues new directions to banks, NBFCs on IT governance & cyber security - Vimarsana News

RBI issues new directions to banks, NBFCs on IT governance & cyber security

The RBI has issued a new comprehensive Master Direction to banks and NBFCs on Information Technology Governance, Risk, Controls and Assurance Practices which spells out the role of Directors of these regulated entities to discharge their duties ...