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AK & Partners
May 6, 20246 min read
AKP Banking & Finance Digest- May 06, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI directs review of unfair interest charging practices by lenders The Reserve Bank of India...
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AK & Partners
Apr 29, 20246 min read
AKP Banking & Finance Digest- April 29, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI directs Kotak Mahindra Bank to cease new customer onboarding and credit card issuance The...
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AK & Partners
Apr 29, 20243 min read
Key Facts Statement (KFS) for Loans and Advances
1. Background 1.1. On April 15, 2024 the Reserve Bank of India (“RBI”) released its notification on the Key Facts Statement (“KFS”) for...
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AK & Partners
Apr 27, 20242 min read
Draft Guidelines: RBI recommends a marketplace approach to loan offers
The Reserve Bank of India ("RBI") has noted a growing trend among lending service providers ("LSPs") in offering aggregation services for...
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AK & Partners
Apr 22, 20246 min read
AKP Banking & Finance Digest- April 22, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI releases draft directions on the regulation of Payment Aggregators Reserve Bank of India...
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AK & Partners
Apr 15, 20245 min read
AKP Banking & Finance Digest- April 15, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI to launch a mobile app for retail direct scheme, enhancing access to government securities...
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AK & Partners
Apr 8, 20245 min read
AKP Banking & Finance Digest- April 08, 2024
1. Regulatory Updates 1.1. India 1.1.1. Transition to electronic insurance, IRDAI mandates digital policies from April 01, 2024 Starting...
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AK & Partners
Apr 1, 20245 min read
AKP Banking & Finance Digest- April 01, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI relaxes norms for investment in AlFs by regulated entities The Reserve Bank of India (“RBI”),...
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AK & Partners
Mar 26, 20246 min read
AKP Banking & Finance Digest- March 26, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI finalises framework for Self-Regulatory Organizations The Reserve Bank of India (“RBI”) has...
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AK & Partners
Mar 18, 20246 min read
AKP Banking & Finance Digest- March 18, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI targets P2P credit card payments via third-party apps In response to concerns over credit...
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AK & Partners
Mar 11, 20245 min read
AKP Banking & Finance Digest- March 11, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI directs flexibility in credit card network choices for customers The Reserve Bank of India...
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AK & Partners
Mar 4, 20245 min read
AKP Banking & Finance Digest- March 04, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI updates regulatory sandbox framework for fintech innovation The Reserve Bank of India (“RBI”)...
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AK & Partners
Feb 26, 20245 min read
AKP Banking & Finance Digest- February 26, 2024
1. Regulatory Updates 1.1. India 1.1.1. Inclusion of CCIL as a FIP under Account Aggregator framework On November 12, 2021, the Reserve...
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AK & Partners
Feb 19, 20246 min read
AKP Banking & Finance Digest- February 19, 2024
Banking and Finance Newsletter
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AK & Partners
Feb 12, 20246 min read
AKP Banking & Finance Digest- February 12, 2024
Banking and Finance Newsletter
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AK & Partners
Feb 5, 20245 min read
AKP Banking & Finance Digest- February 05, 2024
Banking and Finance Newsletter
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AK & Partners
Jan 29, 20245 min read
AKP Banking & Finance Digest- January 29, 2024
Banking and Finance Newsletter
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AK & Partners
Jan 15, 20245 min read
AKP Banking & Finance Digest- January 15, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI issues revised guidelines on Forex Risk Hedging The Reserve Bank of India (“RBI”) has issued...
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AK & Partners
Jan 8, 20245 min read
AKP Banking & Finance Digest- January 08, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI issues master direction for internal ombudsman in banks and NBFCs The Reserve Bank of India...
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AK & Partners
Jan 1, 20245 min read
AKP Banking & Finance Digest- January 01, 2024
1. Regulatory Updates 1.1. India 1.1.1. RBI permits lending and borrowing in government securities The Reserve Bank of India (“RBI”) has...
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