US EditionRBI sends ‘letter of displeasure’ to Bajaj Finance on Co-branded Credit Cards
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RBI sends ‘letter of displeasure’ to Bajaj Finance on Co-branded Credit Cards
RBI sends ‘letter of displeasure’ to Bajaj Finance on Co-branded Credit Cards The Reserve Bank of India (RBI) has sent a “letter of displeasure to Bajaj Finance in connection with its co-branded credit cards, as reported. The RBI letter stated that Bajaj Finance did not proactively identify data leakage gaps and vulnerabilities, posing a considerable […]
RBI Update - Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs) - Mehta & Mehta
RBI issued the circular regarding Limits for investment in debt and sale of Credit Default Swaps by Foreign Portfolio Investors (FPIs) The following has been stated Investment Limits for the financial year 2025-26: The limits for FPI investment in Government Securities (G-Secs), State Government Securities (SGSs) and corporate bonds shall remain unchanged at 6 per cent, 2 per cent and 15 per cent respectively, of the outstanding stocks of secur…
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