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RBI Guidelines on Default Loss Guarantee in Digital Lending: FAQs

Fema / RBI : Explore the key provisions of RBI's Guidelines on Default Loss Guarantee (DLG) in Digital Lending, including limits, conditions, a...

April 28, 2024 381 Views 0 comment Print

Pre-Shipment Export Finance: Issues and Running Account Packaging Credit

Fema / RBI : Article explains some intricacies and issues surrounding Pre-Shipment Export Finance (PSEF), particularly focusing on Pre-Shipment...

April 5, 2024 750 Views 0 comment Print

Scheme for Payment of Pension to Central Government Pensioners by Authorised Banks – FAQ

Fema / RBI : Stay informed about the Scheme for Payment of Pension to Central Government Pensioners by Authorised Banks with these FAQs. Update...

April 1, 2024 1677 Views 0 comment Print

Scale Based Regulation 2023 – Non-Banking Financial Company (NBFCs)

Fema / RBI : Discover the regulatory changes in the Non-Banking Financial Company (NBFC) sector under the Scale Based Regulation (SBR) framewor...

March 28, 2024 684 Views 0 comment Print

Responsibilities of RBI registered NBFCs with regard to submission & compliances

Fema / RBI : Discover the responsibilities of NBFCs registered with RBI, including various compliances and submission requirements. Ensure adhe...

March 26, 2024 1179 Views 0 comment Print


Latest News


RBI FAQs on Credit Card and Debit Card – Issuance and Conduct Directions, 2022

Fema / RBI : Explore FAQs on Credit Card Issuance, Activation, Usage, and Complaints. Understand rules, rights, and procedures in the Master Di...

March 9, 2024 279 Views 0 comment Print

Rising UPI Transactions: A Paradigm Shift in India’s Digital Payment Landscape

Fema / RBI : Discover exponential growth of UPI transactions in India, from Rs. 1 lakh crore in FY 2017-18 to Rs. 139 lakh crore in FY 2022-23....

December 19, 2023 1170 Views 0 comment Print

RBI Report on Internationalisation of INR: Prospects and Recommendations

Corporate Law : Reserve Bank of India (RBI) has released a comprehensive report by the Inter-Departmental Group (IDG) on the internationalisation...

July 8, 2023 1677 Views 0 comment Print

RBI Framework for Compromise Settlements & Technical Write-offs – FAQs

Corporate Law : Delve into the RBI’s 2023 Circular highlighting regulatory guidelines on compromise settlements with wilful defaulters and fraud...

June 21, 2023 1452 Views 0 comment Print

RBI Draft Guidelines on Minimum Capital Requirements for Market Risk

Fema / RBI : Boundary between the banking book and the trading book - This chapter sets out the instruments to be included in the trading book ...

February 24, 2023 2262 Views 0 comment Print


Latest Judiciary


GVK Energy Vs Axis Bank: IBC Prevails Over RBI Directions

Corporate Law : Unraveling the NCLAT Chennai verdict in the GVK Energy Vs Axis Bank case, underscoring the supremacy of IBC over RBI's directions ...

August 5, 2023 753 Views 0 comment Print

NCLT admits RBI application for initiating CIRP against Srei Infra

Company Law : Reserve Bank of India Vs Srei Infrastructure Finance Limited (NCLT Kolkata) 1. The Court convened via video conferencing. 2. This ...

October 12, 2021 1161 Views 0 comment Print

SC Lays Down Guidelines for Operation & Safety of Lockers

Fema / RBI : Supreme Court mandates strict procedures for bank lockers. Ensure compliance, notify changes, maintain records. Judgment details i...

February 19, 2021 5079 Views 0 comment Print

SC refuses to interfere with period of validity of cheque

Fema / RBI : In re Cognizance for Extension of Limitation (Supreme Court) With reference to the prayer, that the period of validity of a cheque...

July 10, 2020 18792 Views 1 comment Print

Covid-19: HC restrains bank from taking coercive action for default in factoring facility

Fema / RBI : The object of issuing notifications/circulars dated 27.03.2020 and 17.04.2020 was to provide financial relief in repayment due to ...

May 1, 2020 1662 Views 0 comment Print


Latest Notifications


Revised Inclusion Norms for Urban Co-operative Banks in RBI’s Second Schedule

Fema / RBI : Explore the latest circular from RBI outlining revised norms for inclusion of Urban Co-operative Banks in the Second Schedule. Lea...

January 17, 2024 669 Views 0 comment Print

Clearing the Air: RBI Addresses Allegations of Missing Banknotes

Fema / RBI : Addressing circulating media reports, the Reserve Bank of India emphatically denies allegations of missing banknotes. The RBI stre...

June 17, 2023 450 Views 0 comment Print

RBI permits 22 entities for Aadhaar Authentication under PMLA

Corporate Law : Reserve Bank of India, hereby permits the said Reporting Entities to perform authentication under the Aadhaar Act for the purposes...

May 4, 2023 2247 Views 0 comment Print

Closing of Govt Accounts – Measures for Financial Year 2022-23

Fema / RBI : All government transactions done by agency banks for the Financial Year 2022-23 must be accounted for within the same financial ye...

March 21, 2023 5823 Views 0 comment Print

Guidelines on Statutory Branch Audit of Public Sector Banks

Fema / RBI : Source- Unconfirmed and based on File Received from Social Media Revised RBI Guidelines for Appointment / Re-appointment of Statut...

March 6, 2023 59100 Views 2 comments Print


Dollar Hunger Eating Rupee Valuation

August 24, 2013 1118 Views 0 comment Print

Nowadays the dollar and rupee have become the synonyms for Strength and Weakness respectively. The dollar rich countries are able to survive and the others are proceeding towards the dead end of economic crisis.

RBI directive on acceptance of deposit by Muthoot Fincorp Ltd. (MFCL) and Manappuram Finance Ltd.

August 21, 2013 1036 Views 0 comment Print

The Reserve Bank of India has directed two Non-Banking Financial Companies (NBFCs), viz., Muthoot Fincorp Ltd. (MFCL) and Manappuram Finance Ltd. (MAFIL) to stop allowing the use of its premises / branches to accept deposits from public by their associate unincorporated bodies.

Steps taken by Banks to prevent damaged to banknotes

August 21, 2013 796 Views 0 comment Print

Damaged Currency Notes Reserve Bank of India (RBI) has informed that no instance of damage of currency notes in various public sector banks across the country have been brought to their notice in the recent past. However, during the year 2010 currency notes amounting to Rs. 3.75 crores kept in Currency Chest at SBI Fatehpur, […]

RBI announces measures to rationalise Foreign Exchange Outflows by Resident Indians

August 14, 2013 2165 Views 0 comment Print

Keeping in view the current macroeconomic situation, the Reserve Bank of India has today announced the following measures: (i) Reduced the limit for Overseas Direct Investment (ODI) under automatic route for all fresh ODI transactions, from 400% of the net worth of an Indian Party to 100% of its net worth. This reduced limit would […]

Dr. Raghuram Rajan Appointed as Governor of RBI

August 6, 2013 1301 Views 0 comment Print

Dr. Raghuram Rajan Appointed as Governor of Reserve Bank of India Prime Minister has approved the appointment of Dr. Raghuram Rajan as the Governor of Reserve Bank of India (RBI) for a term of three years, vice Dr. D. Subba Rao upon completion of his (Dr. Rao’s) tenure .Dr Rao will be completing his tenure […]

Compliance Function in Banks: Back to the basics

July 16, 2013 4097 Views 0 comment Print

Compliance Function in Banks: Back to the basics (Inaugural address by Dr. K. C. Chakrabarty, Deputy Governor, Reserve Bank of India at the launch of certificate programmes on Compliance Function and Training on July 12, 2013 in Mumbai) July 16, 2013   Mr. S.N. Ananthasubramanian, President, Institute of Company Secretaries of India (ICSI);Mr. Allen Pereira, […]

RBI penalises 22 Banks for violation of KYC / AML norms

July 16, 2013 1799 Views 0 comment Print

The Reserve Bank of India has imposed monetary penalty on the following 22 banks for violation of its instructions, among other things, on Know Your Customer/Anti Money Laundering. The details are: Monetary Penalty Sl. No. Name of the bank Penalty Amount (in Rs. crore) 1 Andhra Bank 2.50 2 Bank of Baroda 3.00 3 Bank […]

RBI receives 26 applications for new bank licences in private sector

July 1, 2013 1163 Views 0 comment Print

The Reserve Bank of India in all received 26 (twenty six) applications. The names of the applicants are: Aditya Birla Nuvo Ltd., Mumbai. Bajaj Finserv Ltd., Pune. Bandhan Financial Services Pvt. Ltd., Kolkata. Department of Posts, New Delhi. Edelweiss Financial Services Limited, Mumbai.

RBI keep CRR unchanged in its Mid-Quarter Monetary Policy Review, June 2013

June 18, 2013 232 Views 0 comment Print

Monetary and Liquidity Measures On the basis of an assessment of the current macroeconomic situation, it has been decided to: keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of their net demand and time liabilities; and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at […]

RBI releases clarifications to queries on Guidelines for Licensing of New Banks in Private Sector

June 5, 2013 436 Views 0 comment Print

The Reserve Bank of India today released on its website, clarifications to queries on the Guidelines for Licensing of New Banks in the Private Sector. The Reserve Bank of India released the Guidelines for Licensing of New Banks in the Private Sector on its website on February 22, 2013. Following the issue of the guidelines, […]

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