The Reserve Bank of India has advised that banks
cannot undertake IAS departmentally.
Accordingly, banks desirous of offering these
services may do so either through a separate
subsidiary set up for the purpose or one of the
existing subsidiaries after ensuring that there is
an arm's length relationship between the bank and
the subsidiary. 
RBI overhauls debt restructuring schemes
S4A Scheme
RBI has given lenders additional time up to 180 days for hammering out a restru
Irdai allows insurers to be part of joint lender's forum
The Insurance Regulatory and Development Authority of India (Irdai) has allowed insurers to be 
Government mulls new licensing policy for tobacco items
The government is considering a licensing policy
for tobacco in a bid to control consumption and
Credit counsellors to be to be accredited
The repo rate has been reduced by 25 basis points
from 6.5 per cent to 6.25 per cent with immedi
Govt sets up panel to study capital issues
In a bid to promote export finance, the
government recently constituted a panel headed
by the fi
RBI norms for stressed assets - S4A
S4A stands for scheme for sustainable structuring of stressed assets.
S4A Scheme
Under t
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