RBI issues directions to Authorised Card Payment Networks / Non-Bank PPI issuers to provide certain facilities for transactions in ATMs, PoS and other devices 24×7; effective from 16th March, 2020 by comtideging1971 | Jan 20, 2020 | Banking, CORP, statesThe Reserve Bank of India, through a notification dated 15th January, 2020, has issued directions... Read More
RBI revises framework for imposing monetary penalty on authorised payment system operators / banks under the Payment and Settlement Systems Act, 2007 by comtideging1971 | Jan 17, 2020 | Banking, Financial ServicesIn a Circular dated 10th January, 2020, the Reserve Bank of India (“RBI”) has revised the... Read More
RBI amends KYC Norms for Regulated Entities; allows Video based Customer Identification Process by comtideging1971 | Jan 15, 2020 | CORP, Industries, statesIn a Notification dated 9th January, 2020 the Reserve Bank of India has amended the Reserve Bank... Read More
RBI extends relaxation on the Minimum Holding Period for originating NBFCs till 30th June, 2020; applicable for loans having maturity of more than 5 years by comtideging1971 | Jan 6, 2020 | Banking, OPS, statesThe Reserve Bank of India, through a notification dated 31st December, 2019, has decided to extend... Read More
RBI extends relaxation on the Minimum Holding Period for originating NBFCs till 30th June, 2020; applicable for loans having maturity of more than 5 years by comtideging1971 | Jan 6, 2020 | Banking, OPS, statesThe Reserve Bank of India, through a notification dated 31st December, 2019, has decided to extend... Read More
