Banking Regulations
Latest news, explainers and analysis on Banking Regulations. Tracking 2 stories on Arth Vani.
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Latest on Banking Regulations
BreakingRBI's New Property Rules for Loan Defaults: What You Need to Know
The Reserve Bank of India (RBI) has introduced a new framework for banks dealing with properties acquired due to loan defaults. These rules, effective October 1, 2026, aim to streamline the process and prevent banks from selling these assets back to the original defaulters.
RBI Strengthens Ombudsman Rules: Faster Resolutions for Bank and NBFC Customers
The Reserve Bank of India has updated its Integrated Ombudsman Scheme to allow for interim advisories, speeding up the dispute resolution process. This move ensures that regulated entities like banks and NBFCs take quicker action to settle customer grievances partially or fully.
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