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Micro Finance Company

Micro Finance Scheme: NMDFC

Micro Finance Scheme: NMDFC

The National Minorities Development and Finance Corporation has launched its micro finance scheme for minorities for their holistic development. The scheme...

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RBI Notification

Overview of RBI’s Framework for Transfer of Loan Expo...

Overview of RBI’s Framework for Transfer of Loan Exposures

The framework for the transfer of loan exposures by the bank is enumerated under RBI (Transfer of Loan Exposures) Directions 2021. It provides a comprehens...

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RBI Notification

Key Takeaways from the RBI Governor’s Statement: Dece...

Key Takeaways from the RBI Governor’s Statement: December 7th 2022

The Governor of the country's apex bank, Mr Shaktikanta Das, on Wednesday, December 7th 2022, issued a statement that sought to summarise the current econo...

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RBI Notification

RBI Monthly Bulletin – Issued On November 2022

RBI Monthly Bulletin – Issued On November 2022

The reserve bank of India on 18 November released the monthly bulletin for November 2022. The RBI monthly bulletin includes five speeches, eight articles a...

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RBI Notification

Agency Commission for Direct Tax Collection: RBI Notifi...

Agency Commission for Direct Tax Collection: RBI Notification

RBI has issued a new notification vide CIRCULAR NO RBI/2022-23/136 CO.DGBA.GBD.No.S957/43-33-005/2022-2023 on 14.11.2022, has directed the agency banks to...

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RBI Notification

Eligibility Criteria for Offering Internet Banking Faci...

Eligibility Criteria for Offering Internet Banking Facility by RRBs

The Reserve Bank of India, through notification no RBI/2022-23/135 DoR.AUT.REC.81/24.01.001/2022-23, dated November 01st 2022, has issued fresh guidelines...

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RBI Notification

RBI’s Press Release: Operationalisation of CBDC Whole...

Operationalisation of CBDC

One of RBI's core central banking functions is the management of money. The statutory powers for the same are vested in Section 22 of the RBI Act, 1934. Al...

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RBI Registration

RBI Review of Regulatory Framework on Asset Reconstruct...

Asset Reconstruction Company

An Asset Reconstruction Company is a financial institution that buys Non-performing Asset from financial institution and banks. In other words, the ARC buy...

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