RBI Notification

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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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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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FEMA RBI Notification

An Establishment of Branch Office (B.O.) / Liaison Offi...

An Establishment of Branch Office / Liaison Office / Project Office

India has been a hotspot for foreign companies in India. With the fast-growing economy and increasing globalization, there has been an increase in the fore...

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RBI Notification

Facilitation of External Trade – Export of Goods...

Facilitation of External Trade - Export of Goods and Services

The government’s announcement of the RBI providing facilitation of external trade for the export of goods and services helps in providing big support to...

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RBI Notification

The Opening of Current Accounts by Banks – Need f...

The Opening of Current Accounts by Banks

The system of Current Account opening in India has been under the ambit of the Reserve Bank of India. The RBI has been the governing body for all the banks...

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