RBI Update- Diversification of activities by SPDs – Review of permissible non-core activities dated 11th October, 2022
Reserve Bank of India, vide its Circular dated 11th October, 2022, made a reference to
Exim Bank’s GOI-supported Line of Credit of USD 448 million to the Government of Republic of Uzbekistan for Social Infrastructure and Other Development Projects
EXIM Bank has entered into an agreement dated December 10, 2020 with the Government of
Rupee Drawing Arrangement – Enabling Bharat Bill Payment System (BBPS) to process cross-border inbound Bill Payments
Government of India has decided to allow foreign inward remittances received under the Rupee Drawing
RBI Update: Guidelines on Digital Lending
Government of India has made a reference in para 7 of the RBI Press Release “Recommendations
RBI Update: Foreign Exchange Management (Overseas Investment) Directions, 2022
Government of India has squash Notification No. FEMA 120/2004-RB dated July 07, 2004 (Foreign Exchange
RBI Update: Foreign Exchange Management (Overseas Investment) Regulations, 2022
Government of India has inserted new regulations which may be called the Foreign Exchange Management
RBI Update: Section 23 of the Banking Regulation Act, 1949 – Branch
Authorisation Policy – Left Wing Extremism affected districts – Revised
List
Please refer to the paragraph 4.2 (c) of the circular DBR.No.BAPD.BC.111/22.01.001/2017- 18 dated June 14, 2022, where
RBI Update : Outsourcing of Financial Services – Responsibilities of regulated entities employing Recovery Agents
It has been observed that the agents employed by REs have been deviating from the
RBI Update : Bilateral Netting of Qualified Financial Contracts – Amendments to Prudential Guidelines
It is clarified that: the exemption for foreign exchange (except gold) contracts which have an
RBI Update : Authorised Dealer Category-I License eligibility for Small Finance Banks
It has been decided that all the scheduled SFBs, after completion of at least two