RBI Update – Voluntary transition of Small Finance Banks to Universal Banks
This circular is applicable to all Small Finance Banks. Provisions With the objective of bringing
This circular is applicable to all Small Finance Banks. Provisions With the objective of bringing
These Regulations may be called the Foreign Exchange Management (Foreign Currency Accounts by a person
These Regulations may be called the Foreign Exchange Management (Mode of Payment and Reporting of
ARCs play a critical role in the resolution of stressed financial assets of banks and
Bank Finance to NBFCs registered with RBI The ceiling on bank credit linked to Net
The Reserve Bank of India (RBI) has come across instances of unauthorised entities offering foreign
Link of the Circular: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12637&Mode=0
RBI has decided to reassign the lead bank responsibility in the certain districts as mentioned
1. The Government of India has made a request to keep all branches of the
1. RBI has advised to refer para 10 on ‘Reporting of transactions by agency banks