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 : RBI mandates PRAVAAH portal for all regulatory applications starting May 1, 2025. Over 100 forms available, enhancing efficiency....
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 : 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 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...
Fema / RBI : RBI reduces Bank Rate to 6.25%. Penal interest on CRR and SLR shortfalls adjusted accordingly. Effective from April 9, 2025....
The Reserve Bank of India (RBI) has released Statement on Developmental and Regulatory Policies dated 06th August, 2020 on account of various developmental and regulatory policy measures to enhance liquidity support for financial markets and other stakeholders; further easing of financial stress caused by COVID-19 disruptions. Payment and Settlement Systems 1. Scheme of Offline Retail […]
Reserve Bank of India (RBI) on August 6, 2020 vide circular no. RBI/2020-21/20 DOR. No. BP.BC/7/21.04.048/2020-21, Issued revised Guidelines on Opening Current Account with Banks, key points of which are as follows: 1. No Current Account, where Customer Availing Credit Facilities (CC/OD) from banking System 2. In Case, customer not availed CC/OD facility from any […]
Governor Lael Brainard, the distinguished Governor of Federal Bank, United States of India unveiled the acceptance by Federal Reserve Board of Fed Now Service’s proposal, a revolutionary one for enabling banks of every size and in every community in America to provide safe and efficient instant payment services around the clock, every day of the […]
The RBI has, vide notification dated 06.08.2020, issued a new framework for resolution of stressed loans caused by Covid-19. I am discussing the relevant portion of this notification in my own words in simple and clear language in three parts. Part-I (General overview of the framework) Existing frameworks for restructuring of loans before issue of […]
In a recent notification, Reserve Bank of India (RBI) on 6th August 2020, instructed all Scheduled Commercial Banks to maintain a discipline on opening of Current Account. The below are highlights from the notification: 1. No bank shall open current accounts for customers who have availed credit facilities in the form of cash credit (CC)/ […]
Report of RBI Committee on the Analysis of QR (Quick Response) Code – Interesting facts on digital payments Buoyed up by the volume of 250 million digital payments using UPI QR on monthly basis, RBI was naturally very enthusiastic to set up an expert committee under the leadership of Prof. D.P. Pathak, Professor Emeritus, IIT, […]
FCGPR is required to be filed with the RBI for issue of shares through Bonus/Right issue by an Indian company to a person resident outside India/body corporate incorporated outside India. Website: https://firms.rbi.org.in/firms/ Due date for filling: Within 30 days from the date of issue of shares TYPE OF REGISTRATION: Entity User Registration- (If an entity […]
Monetary Policy Committee (MPC) at its meeting today (August 6, 2020) decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent. Consequently, the reverse repo rate under the LAF remains unchanged at 3.35 per cent and the marginal standing facility (MSF) rate and the Bank Rate at 4.25 per cent.
The instructions on opening of current accounts by banks have been reviewed and the revised instructions are as under: i. No bank shall open current accounts for customers who have availed credit facilities in the form of cash credit (CC)/ overdraft (OD) from the banking system and all transactions shall be routed through the CC/OD account.
Under the extant guidelines, loans sanctioned by banks against pledge of gold ornaments and jewellery should not exceed 75 per cent of the value of gold ornaments and jewellery.
