RBI Update : Restriction on Storage of Actual Card Data [i.e. Card-on-File (CoF)]
“Guidelines on Regulation of Payment Aggregators and Payment Gateways”, circular dated September 07, 2021 on “Tokenisation –
RBI Updates: Board approved Loan Policy – Management of Advances – UCBs
In several UCBs that these policies not only lack comprehensive coverage, but also do not
RBI Update : Master Circular – Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM)
The Master Circular dated April 01, 2021 on Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).
RBI Update : Asian Clearing Union (ACU) Mechanism – Indo-Sri Lanka trade
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Regulations 3
RBI Update : Overseas foreign currency borrowings of Authorised Dealer Category-I banks
Authorised Dealer Category-I (AD Cat-I) banks is invited to the Foreign Exchange Management (Borrowing and
RBI Update : Investment by Foreign Portfolio Investors (FPI) in Debt – Relaxations
Authorised Dealer Category-I (AD Category-I) banks is invited to paragraph 3 of the press release on
RBI Update: Fully Accessible Route’ for Investment by Non-residents in Government Securities – Additional specified securities
It has been decided to designate the two securities listed in the following Table as
RBI Update: Exim Bank’s Government of India supported Short – Term Line of Credit (STLoC) of USD 55 million to the Government of the Democratic Socialist Republic of Sri Lanka for procurement of urea fertilizer from India
Export-Import Bank of India (Exim Bank) has entered into an agreement dated June 10, 2022
RBI Update: Section 42 of the Reserve Bank of India Act, 1934 and Section 18 and 24 of the Banking Regulation Act, 1949 – FCNR (B)/NRE Term deposits – Exemption from maintenance of CRR/SLR
Banks are required to include all Foreign Currency Non-Resident (Bank) [FCNR (B)] and Non-Resident (External)
RBI Update: Master Direction on Interest Rate on Deposits – Foreign Currency (Non-resident) Accounts (Banks) Scheme [FCNR(B)] and Non-Resident (External) Rupee (NRE) Deposit
The banks are advised that with effect from July 07, 2022, the interest rate ceiling