RBI Update - Change in Bank Rate
The Bank Rate is revised downwards by 25 basis points from 6.75 per cent to 6.50 per cent with immediate effect. Penal Interest Rates which are linked to the Bank Rate Item Existing Rate Revised Rate (With imme…
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RBI Update - Standing Liquidity Facility for Primary Dealers
It has been decided by the Monetary Policy Committee (MPC) to reduce the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.25 per cent with immediate effect. L…
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RBI Update - Liquidity Adjustment Facility - Change in rates
It has been decided by the Monetary Policy Committee (MPC) to reduce the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.25 per cent with immediate effect. L…
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RBI Update - Framework for imposing monetary penalty and compounding of offences under the Payment and Settlement Systems Act, 2007
The Reserve Bank of India (RBI) has introduced a revised framework for imposing monetary penalties and compounding offences under the Payment and Settlement Systems Act, 2007 (PSS Act). Key Offences Under the PSS Ac…
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RBI Update - Private Placement of Non-Convertible Debentures (NCDs) with maturity period of more than one year by HFCs – Review of guidelines
It has been decided that the Guidelines on Private Placement of NCDs (with maturity more than one year) by NBFCs, as contained in para 58 of the Master Direction – Reserve Bank of India (Non-Banking Financial Company – S…
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RBI Update - Guidelines on Settlement of Dues of borrowers by ARCs
Please find the following update under RBI Policy Framework ARCs must have a Board-approved policy covering: Eligibility criteria for one-time settlements. Permissible sacrifices for different exposur…
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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 surge in frauds, a pressing concern underscoring the need for concerted action. The mobile number of a customer has …
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RBI Update - Coverage of customers under the nomination facility
It is observed that in a large number of deposit accounts, nomination is not available. To avoid inconvenience and undue hardship to survivors/ family members of deceased depositors, we reiterate the need to obtain nomin…
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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 Non-Debt Instruments) (Third Amendment) Regulations, 2025.In the principal regulations, in regulation 3.1, for the existin…
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RBI Update - Government Debt Relief Schemes (DRS)
Prudential treatment in respect of Government Debt Relief Schemes (DRS) Participation in the DRS REs may decide on participating in a particular DRS notified by a Government, based on its Board approved policy,…
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