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 highlights poor customer service in banks, citing rising complaints and regulatory violations. Urges a shift towards customer-...
Fema / RBI : Delhi High Court upheld a significant penalty imposed by the Reserve Bank of India (RBI) under the Foreign Exchange Management Act...
Fema / RBI : RBI's Keynote on Climate Risks discusses physical, transition risks, financial impacts, and measures for managing climate change r...
Fema / RBI : Learn the step-by-step process for NBFC registration in India, including required documents, eligibility, and RBI compliance. Unde...
Fema / RBI : A guide to statutory bank branch audits covering compliance, risk-based auditing, expectation gaps, and the evolving role of audit...
Fema / RBI : Explore challenges faced by first-time borrowers and informal sector workers due to limited CIBIL scores, and measures to improve ...
Fema / RBI : New FEMA rules allow settlement of foreign exchange violations with penalties up to ₹5 crore. Pending cases will follow earlier ...
Fema / RBI : Rupee hit ₹86.70/USD in January 2025, its lowest level. Factors include global economic trends, US elections, and forex reserve ...
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 : 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 clarifies that Right-of-Use (ROU) assets from tangible leased assets need not be deducted from regulatory capital for NBFCs, H...
Fema / RBI : RBI issues clarifications on financial statement disclosures for banks, covering deposits, advances, and repo transactions for FY ...
Fema / RBI : RBI allows Regional Rural Banks to amortise pension liability over five years, starting FY 2024-25, with mandatory annual expense ...
Fema / RBI : RBI directs agency banks on government account closure for FY 2024-25, with extended deadlines for transactions and special cleari...
Fema / RBI : RBI permits Indo-Maldives trade settlements in Indian Rupees (INR) and Maldivian Rufiyaa (MVR) alongside the ACU mechanism, effect...
Few Authroised Persons are levying certain fees/charges, which are payable in India on such instruments, in foreign currency. It is advised that fees/charges payable in India have to be denominated and settled in Rupees only.
Government of India, vide Gazette Notification S.O. 1296(E) dated March 20, 2023, has specified that the certificate issued on the UAP to IMEs shall be treated at par with Udyam Registration Certificate for the purpose of availing Priority Sector Lending (PSL) benefits.
Central Government hereby appoints the following officers of the Directorate of Enforcement specified in Column(2) of the Table below as the Adjudicating Authorities for holding an inquiry in the manner prescribed after giving a reasonable opportunity of being heard for the purpose of imposing any penalty
A non-performing asset is a loan or an advance where: (i) Interest and / or installment of principal remain overdue1 for a period of more than 90 days in respect of a Term Loan. (ii) The account remains ‘out of order’2 , in respect of an Overdraft / Cash Credit (OD/CC) and all other loan products being offered as an overdraft facility, including those not meant for business purposes and/or which entail interest repayments as the only credits.
According to RBI “securitisation involves transactions where credit risk in assets are redistributed by repackaging them into tradable securities with different risk profiles which may give investors of various classes access to exposures which they otherwise might be unable to access directly
What if you are not satisfied with the response of a bank on a complain made to it? You have the remedies for this. You can register complain to the Reserve Bank of India banking ombudsman.
Amended instructions of Section 64 of the MD on KYC are provided in annexure for reference. Further, definitions of relevant terms used in amended Wire Transfer instructions are being added in Section 2 (Definitions) of MD on KYC.
Explore a comparative chart of foreign investment in India and Bangladesh, covering regulating laws, investment promotion agencies, tax rates, incentives, land ownership, and restricted sectors. Make informed investment decisions in 2023.
Explore the introduction of e-Rupee in India, a Central Bank Digital Currency (CBDC) by RBI. Learn about its benefits, adoption by banks, and potential impact on the financial landscape. Stay informed on the future of digital currency in India.
The Calcutta high court in this case was dealing with challenge to declaration of the petitioner herein as a wilful defaulter vide order passed in October,2018 when the counsel for the bank challenged maintainability on the ground of delay. The bank argued that the immediate cause of the writ was the lookout circular which was issued against the petitioner whereupon the petitioner was not allowed to travel abroad.
