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Latest News RBI Notification

YES Bank Reconstruction Scheme 2020 – Revealed by RBI...

YES Bank Reconstruction Scheme

Yes bank Ltd. has been facing various turmoil and financial disturbances from the year 2018, and the bank was looking for some investment options to contro...

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Latest News RBI Notification

RBI Gives a Window of 9 Months for One-Time Restructuri...

Scheme of MSME Loans

RBI extends one-time restructuring scheme for MSME Loans by 9 months from March 31, 2020 to December 31, 2020. The Reserve Bank of India (RBI) has decided...

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RBI Notification

RBI Allows Cash Reserve Ratio Exemption for New Retail,...

Cash Reserve Ratio Exemption

RBI in its continuous effort of revitalizing the flow of bank credit and boosting demand, granted Banks, Cash Reserve Ratio (CRR) exemption for five years...

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Micro Finance Company

Role of MFIs in Rural and Small-Scale Sector

Micro Finance companies

Micro Finance companies are the financial institutions that provide financial assistance to the small-scale sector in the form of loans, credit, and saving...

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RBI Notification

Role of Financial Intelligence Unit in Restraining Mone...

Financial Intelligence Unit

Financial Intelligence Unit is playing a major role in restraining the Money laundering and terrorist financing activities. Registration of Financial Intel...

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News

RBI Initiates Video Based KYC as an Alternative to alre...

Video based KYC

RBI on Thursday issued news circular stating the introduction of Video based KYC which shall serve as an alternative to already available e-KYC facility. A...

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Full Fledge Money Changers

What are RBI Compliances for FFMC (Full Fledged Money C...

RBI Compliances for FFMC

Under Section 10 of the Foreign Exchange Management Act, 1999[1], the Reserve Bank of India authorizes entities to deal in foreign exchange for specific pu...

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RBI Notification

Steps Taken by RBI to Develop Fintech

Steps-Taken-by-RBI-to-Develop-Fintech

With the rapid change in technology and customer expectations, the regulatory authorities are constantly taking steps to recognize the changes that are tak...

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