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RBI
Devaluation can enhance export competitiveness and reduce import demand but has drawbacks like inflation and capital flight. Explore alternatives for balance of payments.
RBI
RBI extends directives for Punjab and Maharashtra Cooperative Bank until March 2022 to protect depositors amid ongoing amalgamation plans.
RBI
Learn about Non-Resident Indians (NRIs) in India, their classification, foreign exchange regulations, and current and capital account transactions.
RBI
RBI's amendments to the Payment and Settlement Systems Regulations improve clarity and efficiency. Stakeholders must ensure compliance with updates.
RBI
CVC extends ABBFF's scope to handle fraud cases of ₹3 Crore and above in Public Sector Banks, enhancing vigilance and compliance.
RBI
Clarify the status of ₹2000 notes post-September 30, 2023. No withdrawal confirmed by RBI; legal tender remains valid. Stay informed!
RBI
RBI announces expanded 1% interest subvention scheme for housing loans, raising limits to Rs. 15 lakh for homes under Rs. 25 lakh.
RBI
ED seizes Rs. 8.94 Crore property linked to M/s G V Films for foreign exchange violations related to GDRs. Ongoing investigation under FEMA.
RBI
Gain insights into the Profit and Loss Account of banking companies, detailing income, expenditure, profit/loss, and appropriations.