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RBI Panel News

26 Nov 2021

RBI panel favours no cap on promoters stake in private banks for 1st 5 years

According to current norms, a promoter of a private bank needs to pare holdings to 20 per cent within 10 years. The report also says there is no need to fix any cap on the promoters' holding in the initial five years. The promoters if desires, can choose to bring down holding to even below 26 per cent, any time after the lock-in period of five years.

Reserve Bank of India

21 Jan 2021

RBI forms panel to suggest measures for promoting growth of digital lending

The RBI panel has also been asked to suggest regulatory changes, if any, to promote the orderly growth of digital lending It has to recommend measures for the expansion of specific regulatory or statutory perimeter and suggest the role of various regulatory and government agencies The panel would also recommend robust fair practices code for digital lending players and suggesting measures for enhanced consumer protection

05 Oct 2017

RBI panel urges tougher line to get banks to pass on rate cuts

The five-member panel, set up by the RBI to look into why lenders were not passing on central bank rate cuts, said in a report on Wednesday that banks "deviated in an ad hoc manner from the specified methodologies" for calculating the lending rates in order to avoid passing on the RBI rate cuts.

Reserve Bank of India

29 Dec 2015

RBI panel recommendations hint at reviving Islamic Banking?

The “Report of the Committee on Medium-term Path on Financial Inclusion” headed by Deepak Mohanty was placed on Monday.

28 Dec 2015

Focus on mobile tech for last mile delivery: RBI panel to banks

In order to promote financial inclusion, a RBI panel on Monday asked banks to focus more on mobile technology for last mile service delivery, phasing out interest subsidy on farm loans and move towards universal insurance scheme for all crops.

10 Jul 2014

Determined to bring down consumer inflation: Raghuram Rajan

Rajan added bringing down inflation was the responsibility of both the government and the central bank, echoing previous ones he has made on the topic.

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