rbi

RBI

Learn how to grow your business with our expert advice.

RBI

Is Devaluation the Best Solution for Balance of Payments Issues?

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 PMC Bank Directions Validity to March 2022

RBI extends directives for Punjab and Maharashtra Cooperative Bank until March 2022 to protect depositors amid ongoing amalgamation plans.

RBI

Understanding NRIs and Foreign Exchange Regulations in India

Learn about Non-Resident Indians (NRIs) in India, their classification, foreign exchange regulations, and current and capital account transactions.

RBI

Amendments to India's Payment and Settlement Systems Regulations Explained

RBI's amendments to the Payment and Settlement Systems Regulations improve clarity and efficiency. Stakeholders must ensure compliance with updates.

RBI

Enhanced Guidelines for Reporting Banking Fraud to ABBFF in India

CVC extends ABBFF's scope to handle fraud cases of ₹3 Crore and above in Public Sector Banks, enhancing vigilance and compliance.

RBI

Clarifying the Status of ₹2000 Notes Post-September 2023

Clarify the status of ₹2000 notes post-September 30, 2023. No withdrawal confirmed by RBI; legal tender remains valid. Stay informed!

RBI

RBI Updates 1% Interest Subvention Scheme for Housing Loans

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 from G V Films for Forex Violations

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

Understanding the Profit and Loss Account of Banking Companies

Gain insights into the Profit and Loss Account of banking companies, detailing income, expenditure, profit/loss, and appropriations.