RBI Issues Draft Directions on Relief Measures in Areas Affected by Natural Calamities for Regulated Entities

Simrat Singh | finserv@vinodkothari.com  When nature unsettles the ordinary course of life, the regulatory hand should neither be withdrawn nor clenched; it should extend a humane touch, easing distress and guiding the return of order. In this spirit, the RBI has released draft directions on Relief Measures in Areas Affected by Natural Calamities, setting out … Continue reading RBI Issues Draft Directions on Relief Measures in Areas Affected by Natural Calamities for Regulated Entities