RBI Update – Domestic Money Transfer – Review of Framework
The framework for Domestic Money Transfer (DMT) was introduced in 2011, vide RBI circular dated October
RBI Update – Master Directions on Fraud Risk Management in Non-Banking Financial Companies (NBFCs) (including Housing Finance Companies)
These Directions shall be called the Reserve Bank of India (Fraud Risk Management in NBFCs)
RBI Update – Master Directions on Fraud Risk Management in Urban Cooperative Banks (UCBs) / State Cooperative Banks (StCBs) / Central Cooperative Banks (CCBs)
These Directions shall be called the Reserve Bank of India (Fraud Risk Management in UCBs
RBI Update – Master Directions on Fraud Risk Management in Commercial Banks (including Regional Rural Banks) and All India Financial Institutions
These Directions shall be called the Reserve Bank of India (Fraud Risk Management in Commercial
RBI Update – Basel III Capital Regulations – Eligible Credit Rating Agencies (ECAI)
Banks are hereby permitted to use the ratings of the CRA for risk weighting their
RBI Update – Remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS)
It has been decided that Authorised Persons may facilitate remittances for all permissible purposes under
RBI Update – Export-Import Bank of India’s GOI-supported Line of Credit of USD 2.50 mn to the Government of Co-operative Republic of Guyana, for installation of Solar Photo Voltaic Power Plant at Cheddi Jagan International Airport
Export-Import Bank of India (Exim Bank) has entered into an agreement dated February 29, 2024
RBI Update – Release of foreign exchange for Miscellaneous Remittances
It is now decided that Authorised Dealers shall obtain Form A2 in physical or digital
RBI Update – Amendment to Master Direction – Reserve Bank of India (Interest Rate on Deposits) Directions, 2016
It has been decided to revise the definition of bulk deposits for all Scheduled Commercial
RBI Update – Master Direction – Reserve Bank of India (Commercial Paper and Non-Convertible Debentures of original or initial maturity up to one year) Directions, 2024
RBI on January 03, 2024 has issued revised Master Direction – Reserve Bank of India