Tag: RBI
RBI Issues Revised Master Directions On Fraud
The Hon’ble Supreme Court (“SC”) in State Bank of India & Ors. v. Rajesh Agarwal & Ors.[i] had clarified that principles of natural justice must be upheld while declaring any individual / entity as fraud.
Shrishail Kittad, Partner, IndiaLawLLP quoted in LiveMint
https://www.livemint.com/industry/banking/alternative-investment-funds-rbi-tightens-investment-norms-for-banks-housing-finance-companies-and-nbfcs-11702987810382.html
What is CBDC and how it works?
[(By Mr. Chitrang Gamot (Associate) co-authored by Ms. Nidhi Singh (Associate Partner)] Digital currency or rupee is an electronic form of money which can be used in contactless transactions. The Reserve Bank of India (RBI)
Resolution Framework for Covid-19 related Stress
On 7th June 2019 the Reserve Bank of India (“RBI”) notified the Prudential Framework for Resolution of Stressed Assets (“Prudential Norms”), which provided a principle base for addressing a borrower default. A nation-wide lockdown was
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