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 first meeting of the sub-committee of the Financial Stability Development Council (FSDC) was held at the Reserve Bank of India office in New Delhi on Friday, the central bank said in a release. The sub-committee reviewed the developments in the macro economy and the financial markets, it said.
The Reserve Bank today said it will come out with a discussion paper on deregulation of interest rates on savings account.”There is a view that we should deregulate the interest rate on savings bank accounts too. We are examining the pros and cons of doing that and will shortly put out a Discussion Paper for eliciting feedback,” RBI Governor D Subbarao said at the Convocation function of Sambalpur University.
Soiled notes may soon be a thing of past as the Reserve Bank has asked all bank branches handling large amounts of currency to put in place note-sorting machines by the end of next month with a view to halting re-circulation of unfit currency notes.
Reserve Bank Governor D Subbarao today said it can change policy stance at any time to rein in inflation based on the macroeconomic situation. “Notwithstanding (the) scheduled quarterly and mid- quarterly reviews, we reserve the right to alter our policy stance at any time to respond to the evolving macroeconomic situation,” Subbarao said said at the Convocation function of Sambalpur University.
This decision is relevant to assessees following RBI guidelines for accounting for interest rates swaps. Companies which are claiming unrealised loss on outstanding interest rate swaps at the year end would find this ruling useful. While this ruling
The Reserve Bank today warned the public to not fall prey to fictitious offers of large prize money through e-mails, letters and other electronic modes of communications on payment of service charges. “Such offers (of large prize money from abroad)
What are Currency Options? Currency Options are contracts that grant the buyer of the option the right, but not the obligation, to buy or sell underlying currency at a specified exchange rate during a specified period of time. For this right, the bu
As Indian companies farm out across the globe chasing business where they can through a slew of M&As and joint ventures, stodgy Indian banks are spreading following suit, as much to retain clients as to chase profits.
The Kerala High Court Thursday gave the green signal to a company registered under the tenets of sharia to start operating a financial institution based on the principles of Islamic banking with the participation of a state-run firm.Such institutions
A survey sponsored by the Reserve Bank has revised the country’s economic growth projections for the current fiscal to 8.7 per cent, from 8.5 per cent earlier. Forecasters have revised their real GDP growth rate forecasts upwards to 8.7 per cent in 2010-11, from 8.5 per cent in the last survey.
