RBI issues notification on “Processing of Regulatory Authorisations/ Licenses/ Approvals through PRAVAAH”
The Reserve Bank of India (“RBI”) has issued a notification on “Processing of Regulatory Authorisations/ Licenses/ Approvals through PRAVAAH”. With effect from […]
RBI invites comments on regulations of Payment Aggregators by 31st May, 2024
Reserve Bank of India (“RBI”) has invited comments on the following drafts on regulation of Payment Aggregators (“PAs”): New draft directions on […]
RBI increases the upper limit of an offline payment transaction to Rs. 500 from Rs 200 with immediate effect
The Reserve Bank of India (“RBI”) has increased the upper limit of an offline payment transaction to ₹500 from Rs 200. Other […]
Reserve Bank of India rolls out regulatory framework for microfinance loans; applicable to all NBFCs including Microfinance Institutions and Housing Finance Companies; gains immediate effect
The Reserve Bank of India (“RBI”) has issued the Reserve Bank of India (Regulatory Framework for Microfinance Loans) Directions, 2022 (“Master Direction”). […]
RBI rolls out implementation plan of ‘Core Financial Services Solution’ by NBFCs in advance ; fallout of the Scale Based Regulation (SBR)
Further to the Scale Based Regulation (“SBR” ) rolled out by the Reserve Bank of India (“RBI”) in October, 2021 about the […]
RBI rolls out Master Direction on Credit Derivatives Transactions in OTC markets; gains effect from 09.05.22 ; NBFCs, SCBs etc. eligible to act as market-makers in credit derivatives
The Reserve Bank of India ( “RBI”) in a circular has issued the Master Direction – Reserve Bank of India (Credit Derivatives) […]
RBI releases Framework for facilitating Small Value Digital Payments in offline mode; effective immediately
The Reserve Bank of India has now introduced the ‘Framework for facilitating small value digital payments in offline mode’ for the Authorised […]