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Bank rules News

02 Feb 2022

SBI, PNB, BoB, ICICI bank rules changed from February, check details

Customers should take note of all the major changes. Bank of Baroda has made changes to the cheque clearance rule. SBI has increased the free limit from Rs 2 lakh to Rs 5 lakh on IMPS transactions.

Reserve Bank of India

15 Jan 2022

RBI proposes new rules for classification of banks' investment portfolio

The investment portfolio of banks will be divided into three categories. These are held-to-maturity (HTM), available for sale (AFS), and fair value through profit and loss account (FVTPL). The new bank portfolio classification norms will come into effect from April 1, 2023.

22 Mar 2015

SEBI eases rules for banks to convert bad loans to equity

Mumbai: Indian banks will be able to convert distressed loans owed by listed companies into equity stakes, the Securities and Exchange Board of India (SEBI) said on Sunday, in a move that will allow lenders to reduce bad loans weighing on their balance sheets.

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