The Reserve Bank of India floated draft rules that would prevent lenders from remotely disabling borrowers’ devices such as smartphones as a debt recovery tool.
Tag: Proposes
Iran Proposes New Arrangement to Ensure Secure Navigation Through Strait of Hormuz
Iran’s Foreign Minister Abbas Araqchi said Iran intends to devise a new maritime arrangement for secure passage through the Strait of Hormuz as ceasefire talks advance.
NATO Chief Rutte Proposes Alliance Members Give 0.25% of GDP to Ukraine
Secretary General Mark Rutte called on NATO countries to formalise a dedicated financial commitment of 0.25% of GDP to sustain Ukraine’s defence efforts.
RBI Proposes Banks Disclose Detailed Information on Capital and Risks Under Basel Pillar 3 Framework
The new disclosure norms aim to enhance transparency in Indian banking sector risk management.