https://www.taxtmi.com/news?id=23410 The Statement expands on tap TLTRO eligibility to additional stressed sectors and encourages banks to combine TLTRO funds with ECLGS 2.0 guarantees to deploy liquidity into corporate bonds, commercial paper, NCDs and loans to specified sectors; such investments may be included in the Held to Maturity portfolio above existing limits and are exempt from the Large Exposure Framework. It also restricts dividend pay outs by banks, proposes a dividend matrix for NBFCs, advances a scale based regulatory review for NBFCs, mandates Risk Based Internal Audit for large UCBs and NBFCs, and introduces digital payment security directions and trade facilitation delegations to authorised dealer banks. en-us Fri, 04 Dec 2020 18:45:18 +0530 Fri, 04 Dec 2020 18:45:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23410 The Statement expands on tap TLTRO eligibility to additional stressed sectors and encourages banks to combine TLTRO funds with ECLGS 2.0 guarantees to deploy liquidity into corporate bonds, commercial paper, NCDs and loans to specified sectors; such investments may be included in the Held to Maturity portfolio above existing limits and are exempt from the Large Exposure Framework. It also restricts dividend pay outs by banks, proposes a dividend matrix for NBFCs, advances a scale based regulatory review for NBFCs, mandates Risk Based Internal Audit for large UCBs and NBFCs, and introduces digital payment security directions and trade facilitation delegations to authorised dealer banks. News - Fri, 04 Dec 2020 18:45:18 +0530 https://www.taxtmi.com/news?id=23410