UPI MDR Compliance: Enforcing the Posted Price Mandate
Banks must ensure merchants do not pass Merchant Discount Rate (MDR) costs to consumers, maintaining the integrity of UPI's 'posted price' framework for retail payments.
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banking compliance
RBI Streamlines Institutional Shareholding Approvals for Banks
The RBI has introduced a one-time approval route for MFs, insurers, and pension funds to acquire up to 10% stake in banks, reducing repeat filing requirements.
Read articleRBI Finalises Basel III Market Risk Capital Framework for Banks
RBI issues final directions on Basel III market risk capital, allowing banks to exclude specific structural foreign currency positions from Net Open Position calculations.
Read articleRBI Mandates Stricter Bulk Deposit Rate Disclosure Timelines
New RBI guidelines effective October 1 require banks to adhere to stricter disclosure timelines for bulk deposit rates to curb predatory pricing and information asymmetry.
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