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RBI tweaks norms to standardise filing of supervisory returns by banks, NBFCs

The central bank modified the norms to standardise the filing of supervisory returns by banks and NBFCs to bring clarity, brevity and harmonisation to the instructions issued to various supervised entities for return submission. ....

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RBI releases master directions on Filing of Supervisory Returns for supervised entities

The Master Direction provides a broader framework to understand the purpose of the returns and harmonises the timelines for their submission, RBI said in a release. ....

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rbi: RBI streamlines process of filing supervisory returns by banks, NBFCs

The move will help reduce the burden of compliance on the regulated entities based on the recommendations of the Regulations Review Authority (RRA 2.0) and an Internal Working Group of RBI. ....

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Axis Bank: Axis Bank gets RBI nod for appointing Munish Sharda as executive director

Axis Bank has received approval from the Reserve Bank of India (RBI) to appoint Munish Sharda as its executive director, the company said in a filing on Tuesday. ....

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'Inflation down, no overheating in economy': RBI MPC member explains why interest rate should be cut

Jayanth R Varma asserts that the current policy rate of 6.5% establishes a real rate of 2%, which he views as too high to drive projected inflation down to the 4% target. ....

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