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RBI
The Banking Regulation (Amendment) Ordinance, 2020 enhances cooperative banks' governance in India, protecting depositors and promoting sound practices.
RBI
RBI's December 2024 monetary policy maintains the repo rate at 6.5%, focusing on growth, liquidity, and financial inclusion initiatives.
RBI
RBI updates eligibility criteria for Small Finance Banks to apply for Authorised Dealer Category-I license, enhancing foreign exchange capabilities.
RBI
RBI's KYC Guidelines enhance AML measures for banks, outlining valid identity verification documents to mitigate risks in account openings.
RBI
RBI withdraws ₹2000 banknotes from circulation, effective September 30, 2023. Learn about exchange limits, deposit options, and FAQs.
RBI
RBI announces a shift to CIMS for LRS reporting; monthly returns due by 5th, daily by next working day. Key for Category-I banks.
RBI
Discover the role, types, and regulatory requirements of microfinance companies in India, focusing on NBFC-MFI and Section 8 structures.