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The proposal, which was sent to the finance ministry last month, suggests lending in rupees to non-residents can begin in neighbouring countries such as Bangladesh, Bhutan, Nepal and Sri Lanka, the sources said
The Reserve Bank of India (RBI) is considering easing investment norms for regulated entities (REs) in alternative investment funds (AIFs), following earlier restrictions aimed at financial discipline. A draft proposal suggests capping a single RE’s contribution to an AIF scheme at 10% of its corpus, with a 15% ceiling for all RE investments in a scheme.
From cooling-off periods to app directories, the RBI’s Digital Lending Directions 2025, aim to reform India’s growing digital credit space and restore borrower trust.
The PRAVAAH portal provides all necessary forms, along with simple instructions. Users can submit their application, track its progress, and even get alerts.
To ensure artificial intelligence (AI) is developed and used in an ethical, transparent and responsible…
Amid funds in the money market drying up, bankers in a meeting with the Reserve…
ASIA-PACIFIC countries are expected to strengthen their biometric verification tools next year amid the increase…
The Reserve Bank on Thursday announced the setting up of an eight-member committee to develop…
The Reserve Bank of India will constitute a committee to develop a framework for responsible…
Around 1,605 parents prefer a one-time, streamlined consent process that could be integrated directly into…