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RBI Notification

Effect on Repo Rate by RBI

No Change in Repo Rate: By RBI

Repo Rate is the critical policy of India. It defines the interest rate policy of India. RBI Monetary Policy Committee rate decides the repo rate. Repo rat...

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RBI Notification

Operationalisation of Payments Infrastructure Developme...

Operationalisation of Payments Infrastructure Development Fund (PIDF) Scheme

Recently the Reserve Bank of India announced the operationalisation of the Payments Infrastructure Development Fund scheme. An advisory council under the c...

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FEMA

External Commercial borrowing: All You Need to Know...

External Commercial borrowing: All You Need to Know

ECB are the instruments where the Indian borrowers obtain loans from foreign sources. ECB’s include Bank Loans, Buyer’s Credit, Supplier’s credit, se...

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RBI Regulations

Reserve Bank Directions, 2020- Draft Call, Notice and T...

RBI Directions, 2020- Draft Call, Notice and Term Money Markets

This notification relates to money market operations. This is the Notification No-FMRD. DRD/2020-21, dated December 4, 2020. The directions are issued by t...

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Micro Finance Company

Microfinance Company Registration: Complete Procedure a...

Microfinance Company Registration

A finance company which provides the finances to lower-income groups is known as a Micro finance company. The financial requirements are less as compared t...

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Digital Payments RBI Notification

Contactless Card transactions limit to be enhanced to R...

RBI increases limit for contactless card transactions to Rs 5,000 from January 1

The RBI governor Shaktikanta Das announced that the central bank has proposed to increase the limit of contactless card transactions from 2000 rupees to 50...

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RBI Notification

New Rule for Cheque Payments kicks in from Jan 1

New Rule for Cheque Payments

With a view to enhance the safety of cheque payments, the Reserve Bank of India has come around with some changes that is set to take effect from the begin...

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Digital Lending RBI Notification

RBI notification against unauthorized Digital Lending P...

RBI notification against unauthorized Digital Lending Platforms

The digital age and its new inventions in every field have increased the hassle with the vent of new technology flow. New lending platforms have come up wi...

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