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 DICGCs role in insuring bank deposits up to ₹5 lakh. Learn about compliance requirements, premium calculations, and p...
Fema / RBI : RBI cautions banks and NBFCs on non-compliance with regulatory standards, highlighting risks associated with rapid home equity loa...
Fema / RBI : Learn the FLA return filing process for Indian companies and LLPs with foreign investments. Mandatory by July 15 annually. Avoid p...
Fema / RBI : RBI keeps repo rate unchanged at 6.5%, projects 7.2% GDP growth for 2024-25. Introduces public depository for digital lending apps...
Fema / RBI : RBIs August 2024 meeting keeps repo and SDF rates unchanged. Focus on reducing inflation and enhancing credit reporting. Impact on...
Fema / RBI : Details on penalties for not maintaining AMB in savings accounts, criteria for calculation, and government's stance on rationalizi...
Fema / RBI : Discover RBI's third global hackathon, 'HaRBInger 2024 - Innovation for Transformation,' aimed at enhancing India's financial land...
Fema / RBI : The ability for cardholders to determine their billing cycle signifies that credit cards are not merely tools for cashless transac...
Fema / RBI : Explore the comprehensive regulatory insights shared by Shri M. Rajeshwar Rao, Deputy Governor of the Reserve Bank of India, focus...
Fema / RBI : Explore how the Reserve Bank of India is fostering self-regulation through SROs, setting industry standards, and enhancing complia...
Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...
Fema / RBI : Lender Banks Required to Provide Audit Reports to Borrowers and Allow Representation Before Classifying Accounts as Fraud, Along w...
Fema / RBI : Lawyers empanelled by the banks to represent them in cases did not hold a civil post and thus the laws of reservation would not be...
Fema / RBI : Assessee-company was engaged in the business of providing unsecured short-term loans to its customers/borrowers in India via its D...
Fema / RBI : Delhi High Court granted the bail application in the extortion case concluding that merely because the petitioner has been alleged...
Fema / RBI : The Banking Laws (Amendment) Bill, 2024 revises key provisions in the Reserve Bank of India Act, Banking Regulation Act, and relat...
Fema / RBI : RBI revises risk weights for Housing Finance Companies, capping undisbursed loan risk weights and adjusting risk weights for comme...
Fema / RBI : RBI revises regulations for HFCs and NBFCs, harmonizing deposit acceptance norms and enhancing liquidity requirements as of August...
Fema / RBI : RBI's 2024 amendment to FEMA regulations allows foreign investors to buy Sovereign Green Bonds in India’s IFSC and remit proceed...
Fema / RBI : RBI maintains policy repo rate at 6.50% in August 2024. Focus on controlling inflation while supporting growth. Projected GDP grow...
Bid farewell to ₹2,000 notes with 7 insider facts. Understand legal tender status, purpose, deposit/exchange details, timeframe, limits, introduction, and deposit procedure. Stay informed about the RBI’s decision to withdraw ₹2,000 notes and manage your currency holdings efficiently.
Recent decision by RBI regarding ₹2,000 denomination banknotes is not a demonetization exercise. It is important to note that these banknotes will retain their status as legal tender, ensuring that they can continue to be used for transactions.
If you’re considering a floating rate loan, it’s important to stay informed about the benchmark rates that determine the interest rates on these loans. The benchmark rates are subject to fluctuations depending on the market they operate in, but what you may not have considered is that the benchmark rates themselves might get replaced.
RBI has recently introduced new rules for bad loans provisioning, aiming to enhance quality of bank assets & bolster overall banking system
RBI decided to withdraw ₹2000 denomination banknotes from circulation. Banknotes in ₹2000 denomination will continue to be legal tender.
Unlock the ABC of External Commercial Borrowings (ECB) under RBI regulations. Delve into the basics, eligibility, documentation, and essential guidelines for businesses seeking debt funding from foreign sources. Stay informed about the latest ECB regulations and make well-informed financial decisions for your company’s growth. Get insights from experts on ECB application, subsequent compliances, and the crucial aspect of compounding in case of contraventions.
Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2023 amends Foreign Exchange Management (Current Account Transactions) Rules, 2000, under the Foreign Exchange Management Act, 1999. Title and Commencement: The amendment is titled the Foreign Exchange Management (Current Account Transactions) (Amendment) Rules, 2023. It states that the rules come into force on the date of their […]
Banks/FIs are advised to ensure that no new transaction undertaken by them or their customers rely on or are priced using the US$ LIBOR or the MIFOR. Banks/FIs are also advised to take all necessary steps to ensure insertion of fallbacks in all remaining legacy financial contracts that reference US$ LIBOR (including transactions that reference MIFOR).
Basel III reforms are the response of Basel Committee on Banking Supervision (BCBS) to improve the banking sector’s ability to absorb shocks arising from financial and economic stress, whatever the source, thus reducing the risk of spill over from the financial sector to the real economy.
A tokenised card transaction is considered safer as the actual card details are not shared with the merchant during transaction processing.
