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RBI Notification

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Jan 24 2020

Role of Financial Intelligence Unit in Restraining Mone...

Financial Intelligence Unit is playing a major role in restraining the Money laundering and terrorist financing activities. Registration of Financial Intel...

Jan 15 2020

RBI Initiates Video Based KYC as an Alternative to alre...

RBI on Thursday issued news circular stating the introduction of Video based KYC which shall serve as an alternative to already available e-KYC facility. A...

Jan 04 2020

Steps Taken by RBI to Develop Fintech

With the rapid change in technology and customer expectations, the regulatory authorities are constantly taking steps to recognize the changes that are tak...

Jan 04 2020

CBDT to fine hefty fine penalty of Rs. 5000/day from Fe...

Finance Minister Nirmala Sitharaman in July Budget propounded, that the business establishments with annual turnover more than 50 crores shall offer such l...

Jan 03 2020

MANI App: RBI’s New Years Gift to Visually Impair...

The Governor of Reserve Bank of India (RBI) on January 1, 2020, launched the “Mobile Aided Note Identifier (MANI)”, a mobile application for assisting...

RBI Norms to Strengthen ARC (Asset Reconstruction Compa...

The RBI on December 6, 2019, has issued notification for  Asset  Reconstruction  Companies restricting them from acquiring financial assets...

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Nov 01 2019

RBI Relieves InvITs : Allows Banks to Lend to InvITs...

RBI has permitted Banks to lend to InvITs , while keeping certain conditions in mind As per RBI’s notification, banks now will be allowed to lend to InvI...

Oct 06 2019

Reserve Bank of India Reducted in the Repo Rate for the...

The Reserve Bank of India reduced the policy Repo Rate for the fifth time in a row. The body took this step contemplating the country’s current economic...

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