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RBI Notification

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Apr 08 2021

RBI Extends Timeline for Processing of Recurring Online...

In a major announcement, the Reserve Bank of India extended the timeline for processing of recurring transactions by six months to 30th September 2021. Wit...

Apr 06 2021

Extension of timeline for non-bank Payment Aggregators:...

The Reserve Bank of India recently extended the deadline for the implementation of new rules for payment gateways and for online merchants. RBI stated that...

Apr 01 2021

Master Direction – Amalgamation of Urban Cooperat...

The Reserve Bank recently came out with a master direction on amalgamation of urban co-operative banks, paving way for it to consider proposals for the mer...

RBI (Digital Payments Security Controls) Directions, 20...

The Reserve Bank recently issued master direction for banks and card issuing entities prescribing minimum standards to ensure digital payments security. Th...

Mar 25 2021

Extension of Cheque Truncation System across all bank b...

The Reserve Bank has asked all banks to implement the image based cheque truncation system across all branches by 30th September 2021. This system is prese...

Mar 15 2021

RBI revises LFAR norms for Banks to Improve Risk Manage...

The Reserve Bank of India (RBI) has revised the LFAR norms to assess the gaps and vulnerable risk management gaps. In the article, we will cover the areas...

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Feb 23 2021

Loans and Advances by UCBs to Directors, their Relative...

The Banking Regulation Act, 1949 has been amended by the Banking Regulation (Amendment) Act, 2020 notified for the Primary Urban Co-operative Banks (UCBs)...

Feb 16 2021

Key Features of RBI Governor’s Statement, February 5,...

The article features the key features of the RBI Governor Statement issued on 5th February 2021.The article discussing the Governor’s decision of the rep...

Feb 08 2021

RBI Grievance Redressal Mechanism in Banks: A Framework...

The article is about the RBI grievance redressal mechanism in Banks for which a framework has been notified. The RBI released notification dated 27th Janua...

Feb 05 2021

Withdrawn Circulars of Pension made to Pensioners: RBI...

The article reiterates the notification of RBI related to withdrawn circulars of pension made to pensioners- on the recovery of excess pension made to the...

Jan 30 2021

FEMA Guidelines for Export of Goods and Services (Amend...

This article speaks about the notification released by the Reserve Bank of India, about the FEMA Guidelines for Export of Goods and Services through amendm...

Jan 22 2021

Statement on Developmental and Regulatory Policies (RBI...

The Reserve bank of India recently issued various developmental and regulatory policies. These policy measures intend to achieve various objectives. We wil...

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