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Prepaid Wallet License

What are the types of prepaid payment instruments?

types of prepaid payment instrument

For the past few years, many payment modes have been introduced and approved by RBI, which has facilitated the purchase of goods and services. One such tec...

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RBI Notification

RBI issues guidelines on compensation of KMP in NBFCs...

RBI issues guidelines on compensation of KMP in NBFCs

Recently, the Reserve Bank of India (RBI) had introduced a revised scale based regulatory framework for NBFCs which was aimed towards managing the risks ca...

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RBI Regulations

An overview of the NRI Portfolio Investment Scheme

An overview of the NRI Portfolio Investment Scheme

There had been always been complaints from the NRI community regarding their inability to purchase securities at the Indian Stock market. In order to resol...

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RBI Notification

Highlights of RBI’s Monetary Policy 2022-23

Highlights of RBI’s Monetary Policy 2022-23

Introduction   The Reserve Bank of India (RBI) has released the first monetary policy on 8th April, 2022 for the financial year of 2022-23. The p...

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RBI Notification

New Rules for Credit/Debit Cards Issuance by Scheduled...

RBI notifies new rules for credit/debit cards issuance by scheduled banks and NBFCs

The Reserve Bank of India issued master directions for issuance of debit/card to NBFCs and scheduled banks excluding Payments Banks, State Co-operative Ban...

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FEMA PMLA

Kinds of Cases handled by the ED

Kinds of Cases handled by the ED

The Enforcement Directorate (ED) was established in the year 1956, with its headquarters in New Delhi. It works under Foreign Exchange Management Act (FEMA...

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Latest News RBI Notification

Guidelines released for 24X7 Digital Banking Units (DBU...

Guidelines released for 24X7 Digital Banking Units (DBUs) by RBI

In the Union Budget of 2022-23, an announcement was made to set up 75 Digital Banking Units (DBUs) in 75 districts of India to commemorate seventy five yea...

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RBI Notification

Compliance Function and Role of Chief Compliance Office...

Compliance Function and Role of Chief Compliance Officer CCO in NBFCs

The Reserve Bank of India (RBI) has released a circular on 11th April, 2022 defining the scope of function and role of a Chief Compliance Officer (CCO) in...

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