INSTITUTIONAL EYE Regulatory Action: Shock and Awe 09 Jul, 2024

We often see regulatory actions against various financial entities after the regulator has ‘inspected their books.’ Recent regulatory action includes restrictions on accepting deposits, opening new accounts through online banking channels, issuing co-branded cards, launching new mobile products, managing debt public issues, etc. These actions reflect the regulators commitment to maintaining financial stability, fair markets, and ensuring compliance with regulations. However, investors and at times consumers view such action with shock and awe, as these impacts them directly.

How can this gap be bridged? Read our blog.

  • Tags:
  • Regulations
  • Business Standard

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