Tag: RBI guidelines
Banks, NBFCs must improve preventive and detective controls to mitigate cyber risks: RBI
Key TakeawaysBanks and NBFCs must continuously improve preventive and detective controls to mitigate cyber risks.The RBI has asked banks and NBFCs to develop robust...
RBI revises guidelines for issuance of Credit Cards to customers
Key TakeawaysThe RBI has revised its guidelines for credit card issuance to provide customers with multiple card network options.Card issuers must provide an option...
RBI asks banks and NBFCs to release property documents within 30 days of loan repayment
Key TakeawaysThe RBI now mandates banks and NBFCs to hand over original property documents within 30 days of loan closure.A penalty of Rs 5,000 per...
