The banking industry is constantly evolving, and behind its stability and growth lie key processes such as winding up, mergers, and acquisitions (M\&A). These mechanisms don’t just affect banks—they influence financial stability, market competitiveness, and customer trust. To ensure fairness and resilience, they are governed by strict regulatory frameworks, primarily the Banking Regulation Act, 1949,…
A company’s balance sheet, also known as a “statement of financial position,” reveals the firm’s assets, liabilities, and owners’ equity (net worth) at a specific point in time. It’s used by investors, creditors, and analysts to assess a company’s financial strength, ability to pay debts, and growth potential liabilities, current liabilities, contingent liabilities & assets.)…
The Banking Regulation Act, 1949 prescribes various statutory returns that banking companies must submit to the Reserve Bank of India (RBI), and in some cases to NABARD (for cooperative banks). These returns ensure that the regulator has accurate, timely, and consistent data to monitor the financial health of banks and to safeguard the stability of…
Correct and accurate compilation of financial information and its disclosure, in a manner that is standardized and understood by stakeholders, is central to the credibility of the corporates including banks. The preparation of financial information and its audit is regulated by the banking regulator in India (RBI) with stringent penalties for non-observance. Accounting Standards serve…
Loans and advances form the backbone of the Indian financial system. To ensure responsible lending and safeguard both borrowers and institutions, they are governed by a robust regulatory framework. At the center of this framework is the Reserve Bank of India (RBI), which issues detailed guidelines for banks, Non-Banking Financial Companies (NBFCs), and digital lenders.…
India’s financial system stands on the foundation of robust regulation and forward-looking reforms. With the Reserve Bank of India (RBI), the Securities and Exchange Board of India (SEBI), and the government working in tandem, the country continues to reinforce stability, transparency, and resilience in the face of global and domestic challenges. RBI’s Role in Safeguarding…
The money market is a vital segment of India’s financial system, providing short-term funding and liquidity solutions for corporates, banks, and the government. To ensure stability, transparency, and investor confidence, money market instruments are closely regulated—primarily by the Reserve Bank of India (RBI), with the Securities and Exchange Board of India (SEBI) playing a complementary…
The Reserve Bank of India’s (RBI) latest guidelines for Internet Banking in 2025 focus on enhancing security, protecting consumers, improving transparency, and maintaining customer choice in digital banking services. Customer Consent and Service Choice RBI now mandates that banks cannot force customers to enroll in digital banking just to access other banking facilities such as…
The Reserve Bank of India introduced the Banking Ombudsman Scheme (BOS) in India on June 14, 1995. The scheme provides a speedy and inexpensive platform to resolve the complaints of bank customers relating to deficiency in banking service. There are 15 offices of Banking Ombudsmen across the country. The Banking Ombudsman is a senior official…
Audits and inspections serve as integral components of a comprehensive compliance framework. While both are designed to ensure conformity with applicable laws, regulations, and internal policies, they differ in scope and focus. Together, they help organizations identify compliance risks, enhance operational integrity, and promote a culture of accountability and continuous improvement. Key Functions of Audits…
