Web1 day ago · The RBI has released a framework for acceptance of Green Deposits by Regulated Entities (REs) to encourage them to offer green deposits to customers. The objective is to protect the interests of depositors, aid customers to achieve their sustainability agenda, address greenwashing concerns and increase the flow of credit to … WebMar 3, 2024 · Key Takeaway: In addition to combining the various requirements for loan sales into one comprehensive framework, the RBI has now in a pivotal move, through the Master Directions, turned its hand to recognising loan participation transactions, sale of stressed assets to corporate entities and transfer of fraudulent accounts to ARCs.
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WebApr 13, 2024 · Reserve Bank of India (RBI) vide it’s circular dated 11th April 2024 came up with the Framework for acceptance of Green Deposits. A. First Time Concerns to Weed Out Green Washing of Projects Had ... WebJun 8, 2024 · RBI’s Prudential Framework for Resolution of Stressed Assets 2024. The Reserve Bank of India has come out with an updated guideline about resolving stressed assets on 7 th June 2024. Revision became necessary after the Supreme Court struck down the existing guidelines by the RBI in April this year. The new guideline on resolution of … east street piercing
RBI issues framework for acceptance of green deposits by banks, …
WebDec 30, 2024 · This is how RBI is strengthening its supervisory framework. The Reserve Bank of India in its report on Trend and Progress of Banking in India 2024-20 has shared a … WebThis question is for testing whether you are a human visitor and to prevent automated spam submission. Audio is not supported in your browser. WebApr 11, 2024 · The Reserve Bank of India (RBI) on Tuesday announced a framework for accepting ‘green deposits’ by banks and deposit-taking non-banking finance companies (NBFCs). The central bank has identified nine sectors in which the proceeds from these green bonds must be used. They include renewable energy and green transport. east street records london