RBI Issues Master Direction on Interest Rate on Deposits
Master Direction RBI/2023-24/74 DOR.SPE. REC. … Continue reading “RBI Issues Master Direction on Interest Rate on Deposits”
FEMA & Banking
REs of Bank Joining Account Aggregator Ecosystem as ‘FI-U’ Shall Necessarily Join as ‘FIP’ | RBI
Circular No. RBI/2023-24/77 DoR.FIN.REC.53/03.10.123/2023-24, Dated: … Continue reading “REs of Bank Joining Account Aggregator Ecosystem as ‘FI-U’ Shall Necessarily Join as ‘FIP’ | RBI”
RBI Enhances “Bulk Deposit” Limit for Regional Rural Banks From Rs 15 Lakh to Rs 1 Crore
Circular RBI/2023-24/75 DoR.SPE.REC.50/13.03.00/2023-2024, Dated 26.10.2023 … Continue reading “RBI Enhances “Bulk Deposit” Limit for Regional Rural Banks From Rs 15 Lakh to Rs 1 Crore”
RBI Directs CICs to Send SMS/Email Alerts to Customers When Their Credit Information Report is Accessed by CIs
Circular No. RBI/2023-24/73 DoR.FIN.REC.49/20.16.003/2023-24, Dated: … Continue reading “RBI Directs CICs to Send SMS/Email Alerts to Customers When Their Credit Information Report is Accessed by CIs”
RBI Replaces ‘Pension Fund’ With ‘Central Recordkeeping Agency’ as the Financial Information Provider
Circular No. RBI/2023-24/76 DoR.FIN.REC.52/03.10.123/2023-24, Dated: … Continue reading “RBI Replaces ‘Pension Fund’ With ‘Central Recordkeeping Agency’ as the Financial Information Provider”
RBI Mandates CIs/CICs to Compensate Complainants With Rs 100 Per Day If Complaints Remain Unresolved Beyond 30 Days
Circular No. RBI/2023-24/72 DoR.FIN.REC.48/20.16.003/2023-24, Dated: … Continue reading “RBI Mandates CIs/CICs to Compensate Complainants With Rs 100 Per Day If Complaints Remain Unresolved Beyond 30 Days”
Cooperative Banks Must Present all Unclaimed Liabilities in Financials Under “Contingent Liabilities – Others” | RBI
Circular No. RBI/2023-24/71 DOR.ACC.47/21.04.018/2023-24, Dated: … Continue reading “Cooperative Banks Must Present all Unclaimed Liabilities in Financials Under “Contingent Liabilities – Others” | RBI”
RBI Mandates Private Banks to Have 2 Whole-time Directors, Including MD & CEO, on Their Boards
Circular no. RBI/2023-24/70 DOR.HGG.GOV.REC.46/29.67.001/2023-24; Dated: … Continue reading “RBI Mandates Private Banks to Have 2 Whole-time Directors, Including MD & CEO, on Their Boards”
Understanding the Valuation under FEMA
Niki Shah – Partner | … Continue reading “Understanding the Valuation under FEMA”
CA | CS | CMA
