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FEMA RBI Notification

FEMA Guidelines for Export of Goods and Services (Amend...

FEMA Guidelines for Export of Goods and Services Regulations, 2021

This article speaks about the notification released by the Reserve Bank of India, about the FEMA Guidelines for Export of Goods and Services through amendm...

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RBI Notification

Statement on Developmental and Regulatory Policies (RBI...

Statement on Developmental and Regulatory Policies

The Reserve bank of India recently issued various developmental and regulatory policies. These policy measures intend to achieve various objectives. We wil...

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RBI Notification

Risk Based Internal Audit (RBIA) Framework– Strengthe...

RBI Notification - Risk Based Internal Audit (RBIA) Framework

With a view to bring uniformity in the approach of banks and to align the expectations of internal audit function with best practices, the Reserve bank of...

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RBI Notification

Legal Entity Identifier for Large Value Transactions in...

Legal Entity Identifier for Large Value Transactions

The Reserve Bank of India in a recently released notification announced the roll out of the Legal Entity Identifier (LEI) system from 1st April, 2021. It w...

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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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