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 : Explore RBI's November 2024 Inflation Survey findings based on 6,091 responses from 19 cities, highlighting perceptions on price t...
Fema / RBI : Key RBI monetary policy updates for December 2024: unchanged repo rate, reduced CRR, higher FCNR(B) deposit rates, collateral-free...
Fema / RBI : Discover the RBI's journey from 1935 to its current role in shaping India's financial landscape with historic milestones and key a...
Fema / RBI : RBI mandates prior approval for changes in control, shareholding, and management of NBFCs. Non-compliance could result in severe p...
Fema / RBI : RBI advises NBFCs to adopt compliance-first culture, risk management, and ethical practices, warning against aggressive growth and...
Fema / RBI : The Indian Rupee has depreciated against the US Dollar over the past decade. The government explains causes, trade impacts, and RB...
Fema / RBI : The Indian government takes measures to regulate digital lending platforms and protect citizens from exploitation by unauthorized ...
Fema / RBI : Government addresses freezing of mule accounts used for cybercrime laundering, exploring digital innovations to detect and prevent...
Fema / RBI : The government’s actions on gold price regulation, import duty reduction, RBI purchases, and support for consumers amid a 40% in...
Fema / RBI : Government clarifies no policy for writing off loans of willful defaulters. Banks handle write-offs as per RBI guidelines, retaini...
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 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 : RBI announces new measures on liquidity, financial inclusion, AI, and payment systems, including CRR reduction and FX-Retail platf...
Fema / RBI : RBI's statement discusses India's economic growth, inflation trends, and monetary policy stance for 2024-2025 amid global economic...
Fema / RBI : RBI maintains the repo rate at 6.50%, focusing on inflation control and growth support in its December 2024 policy statement....
Fema / RBI : RBI raises the limit for collateral-free agricultural loans to ₹2 lakh, effective January 1, 2025, to address inflation and risi...
Fema / RBI : RBI reduces Cash Reserve Ratio by 50 basis points, effective December 14 and 28, 2024, as part of liquidity management measures....
Please refer to our previous circular DPSS (CO) No. 2118 / 04.04.002 / 2007 – 2008 dated June 25, 2008 on the captioned subject. On a review of RTGS timings, the RTGS Standing Committee has decided to extend RTGS timings for customer transactions on Saturdays from 12:00 noon to 12:30 hours and for inter-bank transactions from 14.00 to 14.30 hours. The new timings have already become effective from January 10, 2009.
Stating the Reserve Bank’s credit policy to be “on expected lines”, bankers today said the RBI could cut key policy rates and ratios in the months to come with demand for credit picking up and inflation remaining subdued. The RBI in its third quarterly review of the credit policy announced today kept key policy rates […]
The Reserve Bank Of India (RBI) has released a draft on Wednesday, proposing to review the definition of commercial real estate (CRE) exposure to be followed by banks to closely align it to Basel II definition. Any exposures towards a banks’ acquisition of units in SEZ may not be treated as CRE exposures, said RBI. […]
When contacted, Civil Aviation Minister Praful Patel said, “There is no clarity on the issue as yet. It is only one of the options which are being considered.” The officials said that keeping in mind the serious financial difficulties faced by the airlines, the government has asked oil companies to defer by six months the repayment of airlines’ dues. Other measures like abolition of five per cent customs duty on jet fuel were also taken.
The Reserve Bank on Friday announced steps to inject an additional Rs 20,000 crore (Rs 200 billion) into the system, a move that would pave the way for further cut in interest rates and more funds for credit disbursal. As part of decisions, forming the second stimulus package finalised jointly with the government, RBI announced […]
External commercial borrowing (ECB) norms are not likely to be relaxed any further soon, sources in the finance ministry indicated on Friday. Can you think of any other relaxation?” asked a senior finance ministry official in reply to a question on the possibility of easing ECB norms more.
Corporate India and retail borrowers may soon get loans at cheaper rates and on easier terms. The Reserve Bank of India has advised banks to cut rates further, citing fall in inflation, easy liquidity and lower cost of funds.
Under the general permission available, the following categories can freely purchase immovable property in India: i) Non-Resident Indian (NRI)- that is a citizen of India resident outside India ii) Person of Indian Origin (PIO)- that is an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan), who
MEAL vouchers and prepaid cards have come under the regulatory scanner. In an attempt to check possible moneylaundering, Reserve Bank of India (RBI) has proposed that only banks and finance companies be allowed to issue prepaid cards which are accepted outside a closed group. This means that issuers who are neither banks nor finance companies will have to restrict card issuance to a closed group.
Following are the highlights of the mid-term review of India’s monetary policy conducted by Reserve Bank of India (RBI) Governor D. Subbarao Friday: – Bank rate, repo rate and reverse repo rate kept unchanged , Flexibility retained to conduct overnight auctions of securities. Cash reserve ratio kept unchanged at 6.5 per cent. Floating rate bonds to be issued at appropriate time. Interest rate futures contracts to be launched in early 2009.
