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Rupee drawing arrangement is a process in which overseas foreign currency is received through proper banking channels. The RBI has developed a system where...
The Reserve Bank of India issued a principle-based resolution framework for addressing defaults from borrowers owing to Covid-19 related stress. The resolu...
The finance ministry recently decided to extend the Emergency Credit Line Guarantee Scheme to individuals. It has also allowed loans to larger MSMEs (Micro...
The Union government has launched PM-SVANidhi- Pradhan Mantri Street Vendor’s Atmanirbhar Nidhi, which is a micro credit scheme for providing affordable...
Recently, the Reserve Bank of India came up with a modified framework for Financial Market Infrastructure and Retail Payment Systems to ensure the safety a...
This year countries all across the globe have witnessed unprecedented turmoil due to the impact of the Covid-19 pandemic. Many industries have been hardly...
The Reserve Bank of India issued a notification for an amendment to Master Direction on KYC (Know Your Customer) wherein the regulated entities must carry...
The Remission of Duties or Taxes on Export Products (RoDTEP) Scheme has been formed by the Indian government. It is a scheme that replaces the existing MEI...
The Money lending business refers to the act of lending money. It is mandatory to get a license...
Artificial intelligence, or AI, is rapidly changing the image of the financial sector. Banks, N...
India and the United Arab Emirates (UAE) have a long and expanding trade relationship. Trade fl...
The International Financial Services Centres Regulatory Authority (IFSCA) is the country's firs...
Reserve Bank of India (Co-Lending Arrangements) Directions, 2025, issued by the Reserve Bank of...
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