Advantages of Emerging Payments Banks in India
In past few days, internet news agencies and newspapers have been conveying many stories about payment banks. As it is a newly popularized concept for...
Security Features of new 2000 Rupee Banknotes
The new 2000 Rupee Bank notes circulated from the 10th of November. The Reserve Bank of India (RBI) revealed the new denomination on the...
RBI promotes three officials
The Reserve Bank of India(RBI) promoted three officers of Grade F as executive directors for the year 2021-2022. At present RBI has 12 executive...
RBI Consolidates 9,445 Circulars into 244 Master Directions: A Historic Regulatory Clean-Up
In one of the largest regulatory simplification exercises in its history, the Reserve Bank of India (RBI) has completed a massive consolidation of its...
MLCR | RBI’s New Lending Rates System on Banking Loans
The Reserve Bank of India has released it’s much anticipated revised guidelines for calculating benchmark lending rates. These guidelines will allow banks to calculate...
RBI’s new measures to improve liquidity in the banking system
The Reserve Bank of India (RBI) has announced new steps to ease the tight liquidity (cash) situation in banks. It will carry out OMO...
RBI Approves Merger of Ashok Leyland’s Subsidiary, Hinduja Leyland Finance, with NDL Ventures
RBI approves to a merger between Hinduja Leyland Finance (HLF) and another company in the same group, called NDL Ventures. Both HLF and NDL...
RBI imposes restrictions on Mumbai-based Bank, caps withdrawal amount
On Monday Reserve Bank of India imposed several directions to Raigad Sahakari Bank Mumbai. These constraint include an upper limt on withdrawal cap of...
The GST (Goods and Services Tax) Bill: All You Need To Know
The Goods and Services Tax (GST) is a Value-added Tax (VAT) was proposed to be an extensive indirect tax levy on sale, manufacture, and...
RBI directs banks on Cardless cash withdrawals at all ATMs
The Reserve Bank of India (RBI) has ordered all the banks to provide an Interoperable Cardless Cash Withdrawal (ICCW) system in their ATMs.
In accordance...