The regulator has issued fresh directions requiring transparent, board-approved lending rates and safeguards against usurious interest. Banks must disclose rate ranges and justify total borrowing ...
Civil servants must refrain from acting on oral instructions of political bosses, except in certain exceptional circumstances, the Supreme Court made it clear on Thursday. The judgement, on a public ...
https://www.thehindubusinessline.com/money-and-banking/rbi-to-consolidate-existing-regulatory-instructions-into-238-master-directions/article70148226.ece Copy In a ...
If you’ve ever been told, “Not my left—stage left!” by a director, then you know the challenges of translating stage directions. These instructions provide necessary information about how actors ...
RBI has directed Regional Rural Banks to prevent excessive interest rates by adopting Board-approved policies that ensure fair pricing and borrower protection. The key takeaway is tighter governance ...