https://www.taxtmi.com/news?id=57781 The draft establishes a harmonised, principle-based framework for lending to related parties by regulated entities, introducing scale-based materiality thresholds requiring Board or Committee approval, supervisory reporting and disclosure obligations, exclusion of independent directors of other banks from the "related persons" scope, and a principle-based exemption under the Banking Regulation Act for certain loan types; comments are invited via the Reserve Bank's Connect2Regulate portal or by post/email. en-us Sat, 04 Oct 2025 13:47:14 +0530 Sat, 04 Oct 2025 13:47:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=57781 The draft establishes a harmonised, principle-based framework for lending to related parties by regulated entities, introducing scale-based materiality thresholds requiring Board or Committee approval, supervisory reporting and disclosure obligations, exclusion of independent directors of other banks from the "related persons" scope, and a principle-based exemption under the Banking Regulation Act for certain loan types; comments are invited via the Reserve Bank's Connect2Regulate portal or by post/email. News - Sat, 04 Oct 2025 13:47:14 +0530 https://www.taxtmi.com/news?id=57781