The RBI adopts principle-based regulation to focus on consumer protection
The Reserve Bank of India is changing how it sets rules for banks and financial companies. The central bank is shifting towards a more flexible approach called "principle-based regulation."
Competition law reforms may be delayed due to the vacancies at CCI
The implementation of competition law reforms in India may have to wait due to delay in appointments to key positions at the Competition Commission of India (CCI). Although the Competition Amendment Act, 2023 was passed during Parliament’s budget session, the CCI has been without a chairman an