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Fema / RBI : RBI cuts repo rate to 6.25%, revises GDP and inflation forecasts, introduces forward contracts in G-Secs, enhances cybersecurity, ...
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Fema / RBI : Concerns rise over improper practices in microfinance involving misuse of Rule 12 Declarations and MGT-14 forms by private and Sec...
Fema / RBI : Key updates on the regulatory framework for microfinance loans including borrower guidelines, loan repayment, and charges. Underst...
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 : 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 : RBI seeks applications from faculty for research scholarships in economics and finance. Deadline: November 5, 2024. Duration: 3 mo...
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Corporate Law : Unraveling the NCLAT Chennai verdict in the GVK Energy Vs Axis Bank case, underscoring the supremacy of IBC over RBI's directions ...
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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
To facilitate the exchange of ₹2000 banknotes, banks have introduced a simple and user-friendly Request Slip. In this article, we will walk you through Annexure-III, the Request Slip for exchanging ₹2000 banknotes.
Uncover the mystery behind RBIs decision to withdraw ₹2000 banknotes. Legal tender but encouraged to deposit, explore the subtle motives, learn from history, embrace the transition, and bid farewell to the enigmatic ₹2000 notes.
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
Frequently Asked Questions #FAQs w.r.t. Tax Collection at Source (TCS) on foreign remittance through the Liberalised Remittance Scheme.
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.
