RBI Update – Regulation of Payment Aggregator – Cross Border (PA – Cross Border)
The developments that have taken place in the area of cross-border payments, it has been
RBI Update -Clarification regarding Shifting of Branches/Offices/Extension Counters within the same city, town or village by District Central Co-operative Banks (DCCBs) and Guidelines on Closure of Branches and Extension Counters by DCCBs
RBI has been receiving references seeking clarifications on shifting of branches within the same locality
RBI Update -Banking Regulation (Amendment) Act 2020 – Change in Name of Co-operative Banks
A cooperative bank desirous of change in its name shall approach the Department of Supervision
RBI Update – Joining the Account Aggregator Ecosystem as a Financial Information User
It has been observed that certain entities, which are eligible to join Account Aggregator (AA)
RBI Update – Review of Financial Information Provider (FIP) under Account Aggregator Framework
The paragraph 3(1)(xi) of Master Direction – Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions,
RBI Update – Review of Instructions on Bulk Deposits for Regional Rural Banks (RRBs)
“Bulk Deposit” for Regional Rural Banks would now mean Single Rupee term deposits of Rupees
RBI Update – Non-Callable Deposits – Master Direction on Interest Rate on Deposits
It has been decided that the minimum amount for offering non-callable TDs may be increased
RBI Update -Framework for compensation to customers for delayed updation/ rectification of credit information
The Reserve Bank of India (RBI) on October 26 released the framework for compensation to
RBI Update – Strengthening of customer service rendered by Credit Information Companies and Credit Institutions
It was announced that a comprehensive framework will be put in place for strengthening and
RBI Update – Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021: Presentation of unclaimed liabilities transferred to Depositor Education and Awareness (DEA) Fund
The ‘Notes and Instructions for compilation’ given in Annex II to the Reserve Bank of India