RBI Proposes New Authentication Methods for Digital Payments in Addition to SMS-Based OTP
Press Release: 2024-2025/809, Dated: 31.07.2024 … Continue reading “RBI Proposes New Authentication Methods for Digital Payments in Addition to SMS-Based OTP”
FEMA & Banking
RBI Issues Master Direction on Treatment of ‘Wilful Defaulters and Large Defaulters’
Master Direction No. RBI/DoR/2024-25/122 DoR.FIN.REC.No. … Continue reading “RBI Issues Master Direction on Treatment of ‘Wilful Defaulters and Large Defaulters’”
RBI Releases Master Directions on ‘Cyber Resilience and Digital Payment Security Controls’
Circular No. RBI/DPSS/2024-25/123 CO.DPSS.OVRST.No.S447/06-26-002/2024-25; Dated: … Continue reading “RBI Releases Master Directions on ‘Cyber Resilience and Digital Payment Security Controls’”
RBI Permits ‘Urban Cooperative Banks’ to Transfer Balances in Dividend Equalisation Fund to Free Reserves
Circular No. RBI/2024-25/57 DOR.CAP.REC.No.30/09.18.201/2024-25; Dated: … Continue reading “RBI Permits ‘Urban Cooperative Banks’ to Transfer Balances in Dividend Equalisation Fund to Free Reserves”
RBI Issues Master Direction on Overseas Investment
FED Master Direction No.15/2024-25; Dated: … Continue reading “RBI Issues Master Direction on Overseas Investment”
RBI Issues ‘Prompt Corrective Action’ Framework for Primary (Urban) Cooperative Banks
Circular No. RBI/2024-25/55 DOS.CO.PPG.SEC.No.8/11.01.005/2024-25; Dated: … Continue reading “RBI Issues ‘Prompt Corrective Action’ Framework for Primary (Urban) Cooperative Banks”
RBI Revises Framework for ‘Domestic Money Transfer’ | Mandates Remitting Banks to Keep Beneficiary Records for Cash Payout
Circular No. RBI/2024-25/52 CO.DPSS.POLC.No.S415/02.27.019/2024-25, Dated: … Continue reading “RBI Revises Framework for ‘Domestic Money Transfer’ | Mandates Remitting Banks to Keep Beneficiary Records for Cash Payout”
IFSCA Introduces Norms for the Regulation and Supervision of Payment and Settlement Systems
Notification No. IFSCA/GN/2024/005, Dated: 12.07.2024 … Continue reading “IFSCA Introduces Norms for the Regulation and Supervision of Payment and Settlement Systems”
CA | CS | CMA
