Finance
Sher ShayarRBI ne banking ko diya naya rang: BCs ka naya chakkar!
Arre suno bhaiyon aur behno, RBI ne naya banking ka rang chadhaya hai! Business Correspondents ko do rangon mein baanta—BC-BOs aur BC-BTs, aur sabko naya avatar lena hai 30 September 2026 tak, warna samjho game over! Governance ki baat karein, toh boards ko bhi ghoomna padega, kyunki BC-BOs ko full power hai, par BC-BTs sirf chhoti chhoti baatein kar sakte hain. Customer ki raksha toh zaroori hai, bhai, unhein sab kuch clear batana padega!
few days ago | Business Standard
Quick rundown
1.RBI proposes new framework for business correspondents.
2.Business Facilitator model to be phased out by 2026.
3.New norms redefine 'banking outlet' to expand rural banking.
4.Foreign bank subsidiaries face stricter branch authorisation.
5.Consumer protection emphasized with mandatory BC training.
