Finance
DoggfatherRBI's Smooth Moves: Easy Banking for the Hustlers
Yo, check it! RBI's Sanjay Malhotra just proposed some smooth moves to help bank boards chill and focus on strategy, ya dig? They droppin' 64 new Master Directions to keep it tight for the banks and give them little hustlers, the MSMEs, a better shot at the game. Fo' shizzle, it's all about makin' business easier, baby!
few days ago | Press Trust of India
Quick rundown
1.RBI aims to streamline bank board guidelines for better efficiency.
2.HDFC Bank's chairman resigned citing ethical concerns.
3.RBI consolidates 9,000 regulatory instructions into 238 Master Directions.
4.MSMEs to benefit from eased onboarding on TReDS platforms.
5.RBI expands term money market participation to include non-bank entities.
