Foreign Exchange Management (Overseas Investment) Directions, 2022
RBI issued new ODI directions which superseded the erstwile – Master Direction – Direct Investment by Residents in Joint Venture (JV) / Wholly Owned Subsidiary (WOS) Abroad
External Commercial Borrowings (ECB) Policy – Liberalisation Measures
RBI issued circular liberalising ECB norms
Regulation of Payment Aggregators – Timeline for submission of applications for authorisation – Review
RBI opened another window to re-consider the application seeking authorisation which were returned
Requirement for obtaining prior approval in case of takeover / acquisition of control of non-bank PSOs and sale / transfer of payment system activity of non-bank PSO
RBI issued circular wherein prior approval will be required in case of takeover/ acquisition of control of non-bank PSOs and sale/ transfer of payment system activity of non-bank PSO
Large Exposures Framework for Non-Banking Financial Company – Upper Layer (NBFC-UL)
RBI issued large exposures framework for NBFC-UL
Scale Based Regulation (SBR) for NBFCs: Capital requirements for Non-Banking Finance Companies – Upper Layer (NBFC-UL)
RBI provided capital requirement for NBFCs in upper layer