RBI Notification

The RBI recently announced the introduction of Internal Ombudsman Scheme for certain categories of NBFCs. The RBI said that it has planned to introduce the...

The Reserve Bank made an announcement recently on a nationwide framework for implementation of offline retail digital payments. Offline digital payments ma...

The Supreme Court recently allowed an appeal filed by OPTO circuit India Ltd. that challenges an order of the Karnataka High Court. Additionally, the Supre...

The Reserve Bank issued master direction on transfer of loan on September 24, 2021. The new mandate necessitates the requirement for banks and other lendin...

Accused under the PMLA are entitled to 20 minutes of legal consultation each day while in the custody of the ED, as stated by the Delhi Court. The Rouse Av...

The RBI notified recently that it has invited applications from NBFCs, payment system providers and payment system participants seeking to obtain Aadhaar e...

The RBI recently proposed to tighten Overseas Direct Investments and financial commitments by Indian businesses, and the regulator has proposed to liberali...

The Reserve Bank of India (RBI) has released Master Directions on Prepaid Payment Instruments (PPIs), 2021, by a notification dated August 27, 2021. All Pr...

The Reserve Bank of India in 2020 had released certain guidelines with an intention to regulate payment aggregators and payment gateways. As per the presen...

The Reserve Bank of India vide notification dated 28th July 2021 allowed authorised non-banks payment system providers, including prepaid payment issuers,...

The Reserve Bank of India recently revamped the regulatory restrictions on loans and advances by banks to directors of other banks and related entities. Th...

The Reserve Bank of India imposed monetary penalties on various banks such as SBI, Bandhan Bank, Bank of Baroda etc., for non-compliance/contravention of b...