RBI Bulletin – October 2023

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Today, the Reserve Bank released the October 2023 issue of its monthly Bulletin. The Bulletin includes two speeches, six articles and current statistics. The six articles are: I. State of the Economy; II. Measuring Uncertainty: An Indian Perspective; III. Impact of G-Sec Yield Movements on Bank Profitability in India; IV. Production Weighted Rainfall Index and

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Master Direction – Reserve Bank of India (Non-Banking Financial Company – Scale Based Regulation) Directions, 2023

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RBI/DoR/2023-24/105 DoR.FIN.REC.No.45/03.10.119/2023-24 October 19, 2023 Master Direction – Reserve Bank of India (Non-Banking Financial Company– Scale Based Regulation) Directions, 2023 The Reserve Bank of India, having considered it necessary in the public interest, and being satisfied that, for the purpose of enabling the Reserve Bank to regulate the financial system to the advantage of the

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ESMA conducts first annual assessment of Data Reporting Service Providers’ relevance for EU financial markets

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The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has performed the first annual assessment based on data collected in 2022. Through the assessment ESMA has established that two Data Reporting Service Providers (DRSPs) have exceeded the derogation thresholds. The concerned DRSPs would fall under ESMA’s direct supervision from 1

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Board Issues Proposals on Fair Hiring in Banking; Simplification of Share Insurance

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Board Issues Proposals on Fair Hiring in Banking; Simplification of Share Insurance Board Action Bulletin ALEXANDRIA, Va. (Oct. 19, 2023) – The National Credit Union Administration Board held its ninth open meeting of 2023, where it unanimously approved a proposed rule incorporating its Second Chance Interpretive Ruling and Policy Statement and the Fair Hiring in

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