RBI has outlined how banks must implement the government’s interest subvention scheme for export credit, stressing strict adherence to eligibility and procedural ...

It brings service exporters within the formal reporting system, adding transparency. It also eases compliance for smaller ...

RBI Deputy Governor Shirish Chandra Murmu has said that the central bank has reorganised or done away with as many as 9,445 directions over a period of 5-6 months. The RBI has combined thousands of ...

Act has prescribed a ceiling on the continuous tenure of directors on both state and central co-operative banks and urban co-operative banks, raising it from 8 to 10 yrs ...

A news is circulating on many social media channels that the Reserve Bank of India (RBI) has instructed all banks to add .bank.in to their respective domain names. The news led to confusion among many ...

In a notification addressed to non-bank PPIs, the RBI reportedly said that prepaid payment instruments cannot be loaded with credit lines As per analysts, the RBI is essentially trying to remove any ...

The court held that failure to apply Clause 3(d) of the RBI Master Circular invalidated the wilful defaulter declaration. Non ...