Fema / RBI : RBI has reiterated that software and ITES exporters must submit the annual survey based on the previous financial year. The guidel...
Fema / RBI : RBI requires mutual funds to report foreign liabilities and assets annually for compilation of Balance of Payments and Internation...
Fema / RBI : RBI’s 2026 amendments impose a mandatory three-year cooling-off period after directors complete ten years on co-operative bank b...
Fema / RBI : The requirement applies if foreign assets or liabilities exist as of 31 March, even without fresh transactions. The rule ensures d...
Fema / RBI : RBI has standardized the 90-day NPA classification rule across all NBFC categories, including NBFC-BL entities, effective 31 March...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...
Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...
Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...
Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...
Fema / RBI : Reimbursement of interim payments from insured banks in priority to other liabilities was a valid exercise of legislative competen...
Fema / RBI : The Court held that rejection of NBFC registration surrender solely due to meeting PBC was unsustainable without giving an opportu...
Fema / RBI : The court held that failure to apply Clause 3(d) of the RBI Master Circular invalidated the wilful defaulter declaration. Non-Exec...
Corporate Law : The court held that Ombudsman’s finding of customer negligence was unsustainable and directed bank to refund disputed amount. Th...
Corporate Law : Court ruled that protections under the RBI Circular apply only to third-party breaches and cannot be invoked to recast personal tr...
Fema / RBI : RBI has reiterated that old series banknotes issued before 2005 remain legal tender but should not be re-issued by banks. The circ...
Fema / RBI : The RBI has consolidated all directions relating to the withdrawal of ₹2000 banknotes from circulation. The circular reiterates ...
Fema / RBI : RBI has exempted eligible FCNR(B) deposits from CRR and SLR requirements until September 30, 2026. The measure is aimed at attract...
Fema / RBI : RBI has exempted fresh FCNR(B) deposits mobilized between June 8 and September 30, 2026 from CRR and SLR requirements. The move ai...
Fema / RBI : RBI has exempted eligible FCNR(B) deposits from CRR and SLR requirements for urban co-operative banks. The move aims to attract fo...
The RBI Act, 1934, establishes the framework for the Reserve Bank of India (RBI), outlining its objectives, functions, and relationship with the government. Explore the Act’s provisions on monetary policy, banking regulation, currency issuance, and the government-RBI relationship. Stay informed about the legal framework governing Indias central banking institution.
Understand the implications of depositing the Rs. 2000 note in banks amid its withdrawal from circulation. Explore challenges, income tax considerations, and the need for accurate currency note counts for a smoother transition.
Explore the potential pitfalls and opportunities of the new income tax amnesty scheme. Learn how to convert black money into white without facing taxes. Understand the implications for individuals and the economy.
RBI recently made a significant decision to withdraw circulation of Rs 2,000 denomination banknotes. While these notes will continue to be legal tender, the RBI has set a deadline of September 30, 2023, for their exchange.
Get the facts straight about the legal tender status of ₹2000 notes post-September 30, 2023. Debunk myths and clarify misconceptions about the withdrawal and continuation of ₹2000 bank notes. Understand the RBI’s role and stay informed to make confident decisions about currency exchange.
Explore the implications of the withdrawal of Rs 2000 notes in India. Understand the exchange process, reasons behind the move, and its impact on the economy. Get insights into the government’s strategy and the objectives behind this decision.
Discover the reasons behind the Reserve Bank of India’s decision to withdraw Rs 2,000 denomination banknotes. Learn about the Clean Note Policy, legal tender status, depositing/exchanging process, limits, special provisions, and the impact on the economy. Stay informed and navigate the withdrawal seamlessly with this comprehensive guide.
Discover the impact of the RBIs decision to withdraw ₹2000 denomination banknotes from circulation while maintaining their legal tender status. Learn about the objectives, implications, and guidelines for this move towards a cashless society. Stay informed with the RBI circular and press release issued on 19th May 2023.
Introduction of ₹2000 banknotes in November 2016 was an interim measure during demonetization. The usage of this denomination has decreased due to the successful implementation of digital transactions like UPI. To ensure only good quality banknotes are in circulation, the RBI has decided to withdraw ₹2000 banknotes.
RBI has decided to withdraw ₹2000 banknotes from circulation as part of its Clean Note Policy However, ₹2000 banknotes will continue to be legal tender
