Fema / RBI : A regulatory sandbox allows fintech, especially start ups to test their products with fewer regulatory requirements, with less ris...
Fema / RBI : RBI cuts repo rate to 6.25%, revises GDP and inflation forecasts, introduces forward contracts in G-Secs, enhances cybersecurity, ...
Fema / RBI : With fiscal prudence in focus, will the RBI cut rates or use other tools? As global economies adjust, all eyes are on India's mone...
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...
Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...
Corporate Law : Unraveling the NCLAT Chennai verdict in the GVK Energy Vs Axis Bank case, underscoring the supremacy of IBC over RBI's directions ...
Company Law : Reserve Bank of India Vs Srei Infrastructure Finance Limited (NCLT Kolkata) 1. The Court convened via video conferencing. 2. This ...
Fema / RBI : Supreme Court mandates strict procedures for bank lockers. Ensure compliance, notify changes, maintain records. Judgment details i...
Fema / RBI : In re Cognizance for Extension of Limitation (Supreme Court) With reference to the prayer, that the period of validity of a cheque...
Fema / RBI : RBI issues guidelines for reporting and accounting of March 2025 government transactions, with deadlines and procedures for agency...
Fema / RBI : The RBI has revised risk weights on microfinance loans, setting them at 100% for RRBs and LABs while excluding consumer credit mic...
Fema / RBI : RBI restores risk weights on SCB exposures to NBFCs, reversing the 25% increase from November 2023. New rules take effect from Apr...
Fema / RBI : The RBI has revised prudential norms for Urban Co-Op Banks, including small loan limits, real estate exposure, and provisioning re...
Fema / RBI : RBI introduces RBIDATA mobile app, providing macroeconomic and financial data on the Indian economy with interactive charts and se...
A Non-Banking Financial Company (‘NBFC’) is a company registered under the Companies Act, 1956 and is engaged in the business of loans and advances, acquisition of shares/stock/bonds/debentures/securities issued by Government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, sale/purchase/construction of immovable property.
Online payment service PayPal on Friday announced changes in its payment to Indian transactions, following the guidelines issued by the Reserve Bank of India on requirements for governing the processing and settlement of export-related receipts facil
Next time you wish to cash in your fixed deposits, be ready to pay a penalty of as much as one per cent of the investment if money is withdrawn before completion of the maturity period. In a bid to discourage premature withdrawal of money from fixed deposit accounts, banks have decided to impose a penalty on such transactions to minimise any impact on their liquidity position at a time when rising interest rates are pushing up the cost of funds for them.
India’s central bank said on Thursday open market operations in the bond market were a monetary policy tool for the Reserve Bank of India (RBI), and not a debt management instrument.
The Reserve Bank today said efforts should be made to attract more Foreign Direct Investment (FDI) in the country, as they are more stable than portfolio investments. These remarks come a day after the central bank said that environment-sensitive pol
An expert said under the new structure, foreign banks’ tax liability might go up if the wholly-owned subsidiary decides to pay a dividend, as such payments will attract dividend distribution tax. Tax liabilities of foreign banks will rise marginally
Reserve Bank of India [RBI] had on 12 August 2010 issued guidelines for Core Investment Companies [CICs]. RBI has on, 5 January 2011 notified Core Investment Companies (Reserve Bank) Directions, 2011 [CIC Directions]. The CIC Directions and the conse
With a view to rein in high inflation, the Reserve Bank of India today raised its key short-term lending and borrowing rates by 0.25 per cent each with immediate effect. The short-term lending (repo) rate has been hiked to 6.50 per cent and the borro
In 2005, the Reserve Bank released the “Road map for presence of foreign banks in India” laying out a two track and gradualist approach aimed at increasing the efficiency and stability of the banking sector in India. One track was the consolidation o
With the increases announced today, since mid-March 2010, the Reserve Bank has cumulatively increased the repo rate by 175 bps and the reverse repo rate by 225 bps. Additionally, the CRR was increased by 100 bps. Banks have responded to this calibrat
