RBI permits all NBFCs and Payment system providers to carry out authentication of client’s Aadhaar number using e-KYC facility provided by UIDAI

RBI permits all NBFCs and Payment system providers to carry out authentication of client’s Aadhaar number using e-KYC facility provided by UIDAI

RBI permits all NBFCs and Payment system providers to carry out authentication of client’s Aadhaar number using e-KYC facility provided by UIDAI

by Lexplosion Solution | Sep 17, 2021 | Central, NBFC, NBFCs

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RBI issues tokenization enhancements enabling cardholder to benefit from tokenized transactions; no entity on the card transaction other than card issuers shall store the card data

RBI issues tokenization enhancements enabling cardholder to benefit from tokenized transactions; no entity on the card transaction other than card issuers shall store the card data

by Lexplosion | Sep 15, 2021 | Central, NBFC, NBFCs

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RBI issues Master Direction on Financial Statements- Presentation & Disclosures, 2021; listing down general instructions for the compilation of Balance Sheet and Profit and Loss Account for Commercial Banks

RBI issues Master Direction on Financial Statements- Presentation & Disclosures, 2021; listing down general instructions for the compilation of Balance Sheet and Profit and Loss Account for Commercial Banks

by Lexplosion Solution | Sep 8, 2021 | Central, NBFC, NBFCs

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RBI issues Master Directions on Prepaid Payment Instruments, 2021 (MD-PPIs, 2021); new Master Direction is applicable to all PPI Issuers

RBI issues Master Directions on Prepaid Payment Instruments, 2021 (MD-PPIs, 2021); new Master Direction is applicable to all PPI Issuers

by Lexplosion Solution | Sep 1, 2021 | Central, NBFCs, PPI

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RBI issues advisory for banks and other RBI-regulated entities to prepare for transition away from London Interbank Offered Rate as benchmark for financial contracts; suggests use of Alternative Reference Rate instead by 31st December

RBI issues advisory for banks and other RBI-regulated entities to prepare for transition away from London Interbank Offered Rate as benchmark for financial contracts; suggests use of Alternative Reference Rate instead by 31st December

by Lexplosion | Jul 30, 2021 | Central, NBFCs

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RBI imposes restrictions on Mastercard from on-boarding new domestic customers onto its card network from July 22, 2021; creates no impact on existing customers

by Lexplosion Solution | Jul 16, 2021 | Central, NBFCs

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