- Coverage: Now includes promoters, key management personnel (KMPs), shareholders holding >5% equity, entities with significant influence, and their relatives.
- Relevance: Commercial Banks, Small Finance Banks, Cooperative Banks, NBFCs, and All India Financial Institutions.
- Objective: Harmonize lending to related parties, make legacy provisions more logical, and establish a harmonized regulatory framework.
Month: Current Affairs - October 16, 2025
Category: BANKING, FINANCE and BUSINESS