RBI Notification

Resident Indians or people resident in India are allowed to transfer foreign currency under the foreign exchange regulations. The transfer of foreign curre...

The Reserve Bank of India has issued Master directions on Priority Sector Lending- targets and classification on 4th September 2020. In this article,...

In the latest RBI notification, RBI has mandated banks to fully automate NPA classification and provisioning calculation process. Under the new regime, all...

Recently the Reserve bank of India released a notice on Compliance functions in Banks and the role of Chief Compliance Officer (CCO).  As per the comp...

The Reserve Bank of India(RBI), while delivering a statement on Development and Regulatory Policies, notified that it is set to introduce an RBI Notificati...

The Reserve Bank of India has proposed a scheme for making small-value payments in offline mode using debit cards, credit cards, and mobile devices. Under...

Stressing on the need for discipline, the Reserve Bank of India (RBI) disallowed banks from opening current accounts for customers who availed cash or over...

In a major development, the Reserve Bank of India (RBI) announced the introduction of the Online Dispute Resolution system for resolving disputes and griev...

As per a report, Non-Banking Financial Companies (NBFCs) may face liquidity challenges due to lack of clarity on moratorium by RBI and the lockdown across...

With the social distancing norms being followed owing to the COVID-19 pandemic, there has been a significant rise in digital banking across the nation. It...

On April 1, 2020, the Reserve Bank of India (RBI) published few questions along with its answers for an easy understanding of the information under the Gov...

For regulating the activities of Payment intermediaries and providing technology-related recommendations to payment guidelines, the Reserve Bank of India i...