RBI Update – Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021: Clarifications
The Reserve Bank has received queries and suggestions from banks and Indian Banks’ Association (IBA)
RBI Update – Asian Clearing Union (ACU) Mechanism – Indo-Maldives trade
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Subclause (a)(ii)
RBI Update – Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2024-25)
All Government transactions done by agency banks for the Financial Year 2024-25 must be accounted
RBI Update – Reporting and Accounting of Central Government transactions for March 2025
RBI has issued notification regarding Reporting and Accounting of Central Government transactions for March 2025 The
RBI Update – Review and rationalization of prudential norms – UCBs
The Reserve Bank has periodically set prudential norms for Urban Co-operative Banks (UCBs) to strengthen
RBI Update – Export-Import Bank of India’s GOI-supported Line of Credit of USD 180 mn to the Government of the Socialist Republic of Vietnam for procurement of 4 Offshore Patrol Vessels (OPV) in the Borrower’s Country
The Government of India supported Line of Credit (LoC) of USD 180 mn (USD One
RBI Update -Export-Import Bank of India’s GOI-supported Line of Credit of USD 120 mn to the Government of the Socialist Republic of Vietnam (GO-VNM) for procurement of High-Speed Guard Boats in the Borrower’s Country
The RBI has notified Export-Import Bank of India’s GOI-supported Line of Credit of USD 120 mn
RBI Update – Prevention of financial frauds perpetrated using voice calls and SMS – Regulatory prescriptions and Institutional Safeguards
The proliferation of digital transactions, while offering convenience and efficiency, has also led to a
RBI Update – Coverage of customers under the nomination facility
It is observed that in a large number of deposit accounts, nomination is not available.
RBI Update – Foreign Exchange Management (Mode of Payment and Reporting of Non- Debt Instruments) (Third Amendment) Regulations, 2025
These Regulations may be called the Foreign Exchange Management (Mode of Payment and Reporting of