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 : Understand LEI requirements for large-value transactions, applicability to UCBs, NBFCs, and how to apply for LEI in India under RB...
Fema / RBI : RBI proposes a new, broader co-lending framework allowing more entities to partner, aiming for wider credit access and lower rates...
Fema / RBI : RBI proposes new guidelines for securitization of stressed assets in India. Key highlights include pool definitions, ReM roles, an...
Fema / RBI : Introduction The Foreign Exchange Management Act (FEMA) of 1999, an act enacted during the new era of India’s liberalized ec...
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 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 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...
Fema / RBI : RBI reduces Bank Rate to 6.25%. Penal interest on CRR and SLR shortfalls adjusted accordingly. Effective from April 9, 2025....
Fema / RBI : Reserve Bank of India reduces the policy repo rate by 25 basis points to 6.00% with immediate effect, adjusting SDF and MSF rates ...
India has attracted total FDI inflow of US$ 67.54 billion during April to December 2020. It is the highest ever for the first ninth months of a financial year and 22% higher as compared to the first ninth months of 2019-20 (US$ 55.14 billion).
Addressing the Need-gaps: Why Neo Banks? Today, customer expectations and behaviors have changed dramatically. Banks haven’t. Simply put, the global banking sector has fallen short in keeping up with customer needs.
The Financial Action Task Force (FATF), vide public document ‘High-Risk Jurisdictions subject to a Call for Action’ dated February 25, 2021, has called on its members and other jurisdictions to refer to the statement on these jurisdictions adopted in February 2020.
Currently, FPI investments in corporate bonds are subject to a minimum residual maturity requirement, short-term investment limit (paragraph 4 (b)(ii)) and the investor limit (paragraph 4(f)(i)) in terms of the Directions.
Date : Feb 26, 2021 Reserve Bank had released the framework for authorisation of pan-India Umbrella Entity for retail payments on August 18, 2020 and invited applications from desirous entities. Given the process involved for complying with the framework prescriptions, a timeline of six months was provided therefor, i.e., up to February 26, 2021.
Today, the Report on Currency and Finance (RCF) for the year 2020-21 was released by the RBI. First published in 1937, the RCF adopted a theme-based approach from 1998-99. After a hiatus between 2014 and 2019, the Report has been revived with this release.
The Government has lifted the embargo on private sector banks (only a few were permitted earlier) for the conduct of Government-related banking transactions such as taxes and other revenue payment facilities, pension payments, small savings schemes, etc.
Exposures that are exempt from Large Exposures Framework (LEF) – Exposures to foreign sovereigns or their central banks that are: i. subject to a 0% risk weight under Table 2 of paragraph 5.3.1 of the Master Circular – Basel III Capital Regulations dated July 1, 2015, as modified vide circular dated October 8, 2015; and, ii. denominated in the domestic currency of that sovereign and met out of resources of the same currency.
Reserve Bank of India vide its statutory powers vested has issued the above directions which are applicable to all scheduled commercial banks (excluding Regional Rural Banks), Small finance banks, Payments banks and Credit card issuing NBFCs. They are reproduced from their website as under for those who intend referring to these complex technical directions. https://taxguru.in/rbi/master-direction-digital-payment-security-controls.html […]
We advise that Fino Payments Bank Limited has been included in the Second Schedule to the Reserve Bank of India Act, 1934 vide Notification DoR.NBD.No.2138/16.03.005/2020-21 dated January 01, 2021 and published in the Gazette of India (Part III – Section 4) dated February 13 – February 19, 2021.
