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We are aware that Fintech is a catch-all term referring to software, mobile applications, and other technologies created to improve and automate traditional forms of finance for businesses and consumers alike.  The usage goes with how people require their business to be transacted and these account from digital money to double-entry book-keeping.  All financial institutions

RBI tightening norms for unsecured loans may weigh heavily on fintechs

We are aware that Fintech is a catch-all term referring to software, mobile applications, and other technologies created to improve and automate traditional forms of finance for businesses and consumers alike.  The usage goes with how people require their business to be transacted and these account from digital money to double-entry book-keeping.  All financial institutions

Reserve Bank of India Governor, has identified three challenges facing the global economy which are: Slow moderation in inflation, Slowing growth with obstacles, and Risks of financial stability. The Governor expressed concerns about the impacts of shocks like rising crude oil prices and bond yields, which he referred would hamper the responses of central banks. 

Increased Crude Oil prices and Bond Yields

Reserve Bank of India Governor, has identified three challenges facing the global economy which are: Slow moderation in inflation, Slowing growth with obstacles, and Risks of financial stability. The Governor expressed concerns about the impacts of shocks like rising crude oil prices and bond yields, which he referred would hamper the responses of central banks. 

There are several tools available with RBI to boost the liquidity in the banking system.  Few of them are adjustment through Repo Rate and Reverse Repo Rate, Increasing and decreasing CRR and SLR and so on.  Another important tool available with RBI is Forex Swap which boosts the liquidity in the system amid tax outflows

RBI Likely to Have Rolled Over a Part of $5-billion Forex Swap to Boost Liquidity

There are several tools available with RBI to boost the liquidity in the banking system.  Few of them are adjustment through Repo Rate and Reverse Repo Rate, Increasing and decreasing CRR and SLR and so on.  Another important tool available with RBI is Forex Swap which boosts the liquidity in the system amid tax outflows

AIFIs will be required to maintain a minimum total capital of 9 per cent by April 2024 The RBI has introduced norms on the Basel III capital framework, fund raising, exposure guidelines, and norms on classification and valuation of investment portfolios for All India Financial Institutions (AIFIs), which will come into effect from April 2024.

RBI introduces Basel-III capital framework for All India Financial Institutions

AIFIs will be required to maintain a minimum total capital of 9 per cent by April 2024 The RBI has introduced norms on the Basel III capital framework, fund raising, exposure guidelines, and norms on classification and valuation of investment portfolios for All India Financial Institutions (AIFIs), which will come into effect from April 2024.

An RBI circular that requires lenders to take a quick call on classifying wilful defaulters will also allow borrowers to shake off the tag by entering into a compromise settlement with banks. In June 2023, the central bank, in its circular on compromise settlements, had allowed one-time settlement of wilful defaults only if a higher

RBI may let wilful defaulters shed label after settlement

An RBI circular that requires lenders to take a quick call on classifying wilful defaulters will also allow borrowers to shake off the tag by entering into a compromise settlement with banks. In June 2023, the central bank, in its circular on compromise settlements, had allowed one-time settlement of wilful defaults only if a higher