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RBI Notification

CBDT to fine hefty fine penalty of Rs. 5000/day from Fe...

not accepting Digital Payments

Finance Minister Nirmala Sitharaman in July Budget propounded, that the business establishments with annual turnover more than 50 crores shall offer such l...

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RBI Notification

MANI App: RBI’s New Years Gift to Visually Impair...

RBI-launched-app-for-visually-impaired-people

The Governor of Reserve Bank of India (RBI) on January 1, 2020, launched the “Mobile Aided Note Identifier (MANI)”, a mobile application for assisting...

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Finance Business Payment Bank License

RBI Unveils New type of Semi-Closed Prepaid Payment Ins...

Prepaid-Payment-Instruments (PPIs)-Launched

As per RBI, the amount loaded in newly launched Prepaid Payment Instruments (PPIs) during any month shall not exceed Rs 10,000 Introduction of a new type o...

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Latest News RBI Notification

RBI Norms to Strengthen ARC (Asset Reconstruction Compa...

The RBI on December 6, 2019, has issued notification for  Asset  Reconstruction  Companies restricting them from acquiring financial assets...

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NBFC RBI Regulations

Lending Rules for NBFCs Under Reserve Bank of India...

Lending rules for nbfc

Reserve Bank of India is playing a regulatory role in the NBFC sector. NBFC can neither run their business without getting the License from the RBI nor con...

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Peer to Peer Lending

RBI Increases P2P Lending Limit to 50 lakhs

Limit on P2P Lending

The Reserve Bank of India in its latest move on 22, November 2019, has enhanced the exposure limit enforced on investors in peer-to-peer lending platforms...

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Core Investment Company

RBI Releases New Recommendations for Core Investment Co...

RBI-releases-new-rules-for -Core-Investment-Companies

The Working Group Committee constituted by RBI has recommended the constitution of Board Level Committees such as Audit Committee, Nomination and Remunerat...

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RBI Notification

RBI Relieves InvITs : Allows Banks to Lend to InvITs...

Banks to Lend to InvITs

RBI has permitted Banks to lend to InvITs , while keeping certain conditions in mind As per RBI’s notification, banks now will be allowed to lend to InvI...

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