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Business News: FACE applies to RBI to become self-regulatory organisation for digital lending

FACE applies to RBI to become self-regulatory organisation for digital lending : Rashtra News #FACE #applies #RBI #selfregulatory #organisation #digital #lending Another industry body, Digital Lenders’ Association of India, which has over 80 members with $5-6 billion in annual disbursements, is also active in the space. Industry body Fintech Association for Consumer Empowerment (FACE) on ....

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credit card: Banks get ready to count int'l credit card spend in liberalised remittance scheme

Under the belief that reissuing the specific notification may not go against the model code of conduct, many banks are preparing to integrate their systems with the RBIs for capturing the card spend information of individual customers during personal foreign tours. ....

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RBI to conduct special audit of IIFL Finance, JM Financial Products

India Business News: New Delhi: IIFL Finance and JM Financial Products (JMFPL) will undergo a special audit to further probe their regulatory breaches, as the Reserve Bank. ....

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Raise component for ETFs within cap, RBI

RBI cautious on raising overseas equity limits via mutual funds for risk management. $7bn stock limit, $1bn ETF limit. Indian mutual funds navigating tight regulations, eye international diversification. ....

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