RBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ
Fema / RBI : Know the three situations where RBI approval is required for NBFCs—takeover, 26% share acquisition, and board changes over 30% i...
Fema / RBI : RBI Governor outlines financial market trends, inflation outlook, and structural concerns at the FIMMDA-PDAI Conference in Bali on...
Fema / RBI : Understand Net Owned Funds (NOF) as per RBI norms, its calculation, key deductions, and compliance for NBFC registration and opera...
Fema / RBI : Learn about Indian Rupee (INR), RBI's currency management role, banknote/coin production, legal tender rules, security features & ...
Fema / RBI : RBI mandates PRAVAAH portal for all regulatory applications starting May 1, 2025. Over 100 forms available, enhancing efficiency....
Fema / RBI : RBI proposes unified guidelines for lending against gold jewellery and ornaments across banks, co-operatives, and NBFCs, focusing ...
Fema / RBI : RBI's draft directions for securitisation of stressed assets, outlining eligibility, requirements for SPEs, Resolution Managers, i...
Fema / RBI : RBI proposes comprehensive directions for non-fund based credit like guarantees and LCs across banks, co-operatives, NBFCs, focusi...
Fema / RBI : Summary of RBI's draft directions on Co-Lending Arrangements (CLAs) for banks, AIFIs, and NBFCs, covering key aspects and disclosu...
Fema / RBI : RBI strengthens regulation of cooperative banks with fraud management rules, governance reforms, and an ombudsman under amended ba...
Fema / RBI : Madras High Court upholds RBI's Net Owned Fund (NOF) rules for NBFCs, affirming compliance requirements and rejecting challenges t...
Fema / RBI : Delhi High Court upholds RBI's FEMA penalty on an OCI cardholder for unauthorized agricultural land purchase in India, citing due ...
Fema / RBI : Present appeal has been filed by the appellant mainly contesting that whether the Tribunal was right in holding that there has bee...
Fema / RBI : Delhi High Court held that petitioner is duly entitled for the grant of duty drawback since the export proceeds have been realised...
Fema / RBI : Delhi High Court sets aside RBI's cancellation of NBFC registration for failure to meet Rs. 200 Lakh NOF, directs fresh review of ...
Fema / RBI : RBI revises rules for minor bank accounts (savings & term deposits). Independent operation for those above 10, guardian options, a...
Fema / RBI : RBI advises all entities, including regulated ones, to use the PRAVAAH portal for submitting regulatory applications starting May ...
Fema / RBI : RBI updates lead bank responsibilities after Rajasthan's district reorganisation; roles for Jaipur and Jodhpur modified, others re...
Fema / RBI : RBI's April 2025 monetary policy: Repo rate reduced by 25 bps to 6.00%, stance shifts to accommodative to support growth amid beni...
Fema / RBI : RBI cuts repo rate by 25 bps to 6%. Standing Liquidity Facility for Primary Dealers now available at the revised rate as per April...
In order to boost credit to the needy segment of borrowers, it has been decided that bank credit to registered NBFCs (other than MFIs) for on-lending will be eligible for classification as priority sector under respective categories subject to the following conditions:
Banks are advised to ensure that opening of bank accounts and seeding of Aadhaar numbers with existing or new accounts of eligible beneficiaries opened for the purpose of Direct Benefit Transfer (DBT) under social welfare schemes, is in conformity with the provisions listed under Section 16 of the Master Direction – Know Your Customer (KYC) Direction, 2016 (updated as on May 29, 2019) and extant provisions of the Prevention of Money Laundering (PML) Rules.
The retail sector in India is one of the biggest contributors to the economy in terms of revenue and contributes about 10% towards its GDP. It provides the second highest rate of employment after agriculture. The retail sales in India are growing at a compounded annual rate of 15% since the year 2014.
A proviso has been added to condition (b) of Section 23 of the Master Direction to the effect that, where the individual is a prisoner in a jail, the signature or thumb print shall be affixed in presence of the officer in-charge of the jail and the said officer shall certify the same under his signature and the account shall remain operational on annual submission of certificate of proof of address issued by the officer in-charge of the jail.
Reserve Bank Of India Date : Aug 07, 2019 Third Bi-monthly Monetary Policy Statement, 2019-20 Resolution of the Monetary Policy Committee (MPC) On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today decided to: reduce the policy repo rate under the liquidity adjustment facility […]
Reserve Bank of India The Monetary Policy Committee (MPC) met on 5th, 6th and 7th August, 2019 and deliberated over the evolving macroeconomic outlook, against the backdrop of recent developments and incoming data. Today, the MPC voted unanimously to reduce the policy repo rate and to maintain the accommodative stance of monetary policy. As set […]
Consumer by definition include us all. They are the largest economic group in the economy, affecting and affected by every public and private economic decisions. Two thirds of all spending in the economy is by consumers. But they are the only important group in the economy who are not effectively organized, whose views are often not heard
As announced in the Third Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points from 5.75 per cent to 5.40 per cent with immediate effect.
It is clarified that banks shall not charge foreclosure charges/ pre-payment penalties on any floating rate term loan sanctioned, for purposes other than business, to individual borrowers with or without co-obligant(s).
It is clarified that NBFCs shall not charge foreclosure charges/ pre-payment penalties on any floating rate term loan sanctioned for purposes other than business to individual borrowers, with or without co-obligant(s).
