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On June 24, the Reserve Bank of India issued guidelines that specify the eligibility criteria for non-banking financial companies (NBFCs) to declare divide...
The Reserve Bank of India recently raised the ATM interchange fee that banks can charge on ATM transactions to 17 rupees per transaction. Earlier this fee...
The Reserve Bank released a notification on May 24, 2021, stating that it would consider amalgamation of District Central Co-operative banks with the state...
The Reserve Bank of India mandated all prepaid payment instruments or wallets that are KYC compliant to be made interoperable by March 2022. The Reserve ba...
The Reserve Bank recently issued guidelines for the appointment of statutory auditors of banks and NBFCs. The guidelines for appointment of statutory centr...
The Reserve bank vide notification released on April 8, 2021, enhanced the maximum end-of-day balance for payments banks to 2 lakh rupees. This limit was 1...
Recently the Reserve Bank of India came out with a notification to impose restrictions on investments in Non-Banking Financial Companies by investors from...
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...
The rapid growth of digital payment systems in India has transformed the financial sector in th...
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