Fema / RBI : RBI plans to ease registration norms for low-risk NBFCs to reduce compliance burden. The move aims to encourage innovation while m...
CA, CS, CMA : CBDT corrected multiple ITR forms to fix structural and computational errors. The update ensures accurate tax reporting and reduce...
Fema / RBI : The issue concerns liability in unauthorised digital transactions. The ruling insight highlights that absence of a clear definitio...
Fema / RBI : The RBI maintained key policy rates unchanged, signaling confidence in economic stability and controlled inflation. The decision r...
CA, CS, CMA : The latest amendments aim to simplify compliance and promote investment while reducing penalties. The update signals a major shift...
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 : The Reserve Bank of India has proposed a clear 5% IFR requirement for rural co-operative banks’ current investments. This change...
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 : Rajasthan High Court stays a ₹7 crore deposit for Tijaria Polypipes' OTS, directing Bank of India to comply with RBI circulars a...
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 : The update prohibits most INR derivative contracts with related entities. Only specific transactions such as cancellations and non...
Fema / RBI : The issue involved restrictive branch approval requirements for NBFCs. RBI removed prior approval norms, allowing easier expansion...
Fema / RBI : The RBI proposes replacing the existing dual methodology with a single asset-based criterion for identifying NBFC-UL entities. The...
Fema / RBI : The discussion paper addresses increasing APP frauds and proposes preventive safeguards like transaction delays and authentication...
Fema / RBI : The issue was fragmented regulations on NRI debt investments. RBI consolidated and updated directions to streamline compliance und...
Learn about the RBI Integrated Ombudsman Scheme 2021, combining banking, NBFC, and digital transaction grievance redress into a centralized, cost-free process.
RBI sets up a committee to create a framework for responsible AI use in the financial sector, focusing on governance, risks, and adoption.
The Indian Rupee has depreciated against the US Dollar over the past decade. The government explains causes, trade impacts, and RBI’s actions to manage fluctuations.
The Indian government takes measures to regulate digital lending platforms and protect citizens from exploitation by unauthorized loan apps.
Key RBI monetary policy updates for December 2024: unchanged repo rate, reduced CRR, higher FCNR(B) deposit rates, collateral-free agri loan hike, and more.
The government’s actions on gold price regulation, import duty reduction, RBI purchases, and support for consumers amid a 40% increase in gold prices in 2024.
RBI updates KYC regulations for entities with links to ISIL & Al-Qaida. New amendments to UNSC sanctions list as of December 2, 2024.
RBI mandates prior approval for changes in control, shareholding, and management of NBFCs. Non-compliance could result in severe penalties, including registration cancellation.
RBI requires Key Fact Statement (KFS) for retail and MSME loans post-October 2024. KFS includes charges, APR, amortization schedules, and borrower consent details.
Government clarifies no policy for writing off loans of willful defaulters. Banks handle write-offs as per RBI guidelines, retaining recovery efforts.
