RBI

40 briefs

RBI tells regulated entities to update UNSC ISIL/Al-Qaida sanctions removals

RBI-regulated sanctions teams must remove seven UNSC-delisted entries from controls

Reserve Bank of India removes prior approval for non-bank outward-remittance tie-ups

AD banks must own FEMA, KYC and settlement controls for remittance tie-ups

Reserve Bank of India cancels Sarvodaya Co-operative Bank licence

Sarvodaya Co-operative Bank deposit-taking and deposit repayment must stop from close of business 2026-05-12 under the licence-cancellation order

RBI penalises Hinduja Housing Finance for director-change approval failure

Housing finance company boards must obtain prior RBI permission before director changes cross the 30% threshold