RBI Update - Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Fifth Amendment) Regulations, 2025
These regulations may be called the Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) (Fifth Amendment) Regulations, 2025. The following has been stated :- In regulation 5, after …
Read more
RBI Update - Foreign Exchange Management (Deposit) (Fifth Amendment) Regulations, 2025
RBI has notified Foreign Exchange Management (Deposit) (Fifth Amendment) Regulations, 2025. The following has been stated - Transfer of funds between repatriable Rupee accounts:- Notwithstanding anything c…
Read more
RBI Update - Master Direction – Reserve Bank of India (Credit Information Reporting) Directions, 2025.
RBI issued Master Direction – Reserve Bank of India (Credit Information Reporting) Directions, 2025. These Directions shall come into force with immediate effect, unless otherwise specified. The provisions of t…
Read more
RBI Update - Status of March 30, 2025 for Government transactions through integration with e-Kuber
It has been decided that e-Kuber will be open for Government transactions on March 30, 2025 so that all the Government transactions through integration with e-Kuber processed on March 30, 2025 are accounted for and the c…
Read more
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,…
Read more
RBI Update - Introduction of beneficiary bank account name look-up facility for Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) Systems
Banks which are participants of RTGS and NEFT Systems, shall make this facility available to their customers through Internet banking and Mobile banking. The facility shall also be available to remitters visiting branche…
Read more
RBI Update - Reporting Platform for transactions undertaken to hedge price risk of gold
It has been decided to mandate reporting of transactions in gold derivatives undertaken by banks and their customers / constituents as under: Banks shall report all over-the-counter (OTC) transactions in gold deri…
Read more
RBI Update - Unified Payments Interface (UPI) access for Prepaid Payment Instruments (PPIs) through third-party applications
Currently, UPI payments from / to a bank account can be carried out using the UPI application of that bank or of any third-party application provider. However, UPI payments from / to a PPI can only be carried out using t…
Read more
RBI Update - Credit Flow to Agriculture – Collateral free agricultural loans
It has been decided to raise the limit for collateral free agricultural loans including loans for allied activities from the existing level of ₹1.6 lakh to ₹2 lakh per borrower. Accordingly, banks are advised to waive co…
Read more
RBI Update - Maintenance of Cash Reserve Ratio (CRR)
Banks are required to maintain the CRR at 4.25 per cent of their NDTL effective from the reporting fortnight beginning December 14, 2024 and 4.00 per cent of their NDTL effective from fortnight beginning December 28, 202…
Read moreShowing 201–210 of 506 updates