Sunday, July 13, 2025
HomeBusinessExpect insurance mis-sell norms soon

Expect insurance mis-sell norms soon

-

[ad_1]

Expect insurance mis-sell norms soon

MUMBAI: RBI has said that it will introduce new guidelines to address mis-selling and forced selling of insurance. Additionally, it has granted regulatory relief to banks by postponing proposed regulations on liquidity requirements, provisions for potential defaults, and rules concerning subsidiaries. Instead, RBI will adopt a consultative approach before implementing these regulations.
In his first post-policy conference on Friday, RBI governor Sanjay Malhotra provided an assurance that norms requiring banks to hold more liquid funds and provisions for project finance will not be implemented before March 2026.
“There are trade-offs between stability and efficiency. We will keep this trade-off in mind while formulating regulations. It will be our attempt to strike the right balance, keeping in view the benefits and costs of each and every regulation,” said Malhotra.

Screenshot 2025-02-08 030451

Some financial markets regulated by RBI, including foreign exchange, may operate for longer hours as the central bank has set up a panel to review trading timings.
Additionally, investors will be able to buy govt bonds in the secondary market by placing an order with their stock broker.



[ad_2]

Source link

LATEST POSTS

Ceritafilm Explores the Heart of Every Movie Through Story Reviews

Introducing ceritafilm: Where Movies Meet Meaningful Stories In a world flooded with movie ratings, short reviews, and spoiler-filled discussions, https://ceritafilm.com stands out by offering something truly...

How to Standardise Laptop Setup for Staff: Creating Consistent Configurations

In today’s fast-paced business environment, ensuring that every employee’s laptop is set up consistently is more important than ever. A standardised laptop setup helps streamline...

Turn Health into Wealth with LifeWave X39

In today’s world, people are searching for two things more than ever:✅ Better health✅ Financial freedom With LifeWave X39, you don’t have to choose — you...

Soft Play Bus Essex with Squeeze Rollers & Dizzy Discs – A Fun-Filled Mobile Adventure

In today’s world of children’s entertainment, finding activities that combine physical play with safety and creativity can be a challenge. The Soft Play Bus Essex offers a...

Most Popular

spot_img