RBI Notification

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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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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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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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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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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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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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