Category: RBI
RBI specifies ‘Related Party’ with respect to bank RBI has issued RBI Credit Risk Management Directions, 2025 defining ‘Related Party’ with respect to a bank to mean a related person, a reciprocally related person, or any of the specified entities Banks, in the course of financial intermediation, are …
RBI revises directions on opening & Maintenance of Cash Credit accounts, Current Accounts and Overdraft Accounts by all Banks Reserve Bank of India had, on October 1 2025, issued seven draft Directions on Transaction Accounts seeking feedback from stakeholders. The draft directions were aimed primarily at rationalising the …
RBI increases number of basic minimum facilities to be offered in a Basic Savings Bank Deposit (BSBD) account, free of charge, without any requirement of minimum balance What is a BSBDA Account? The Basic Savings Bank Deposit (BSBD) Account (also often referred to as Basic Savings Bank Deposit …
Sending or bringing currency of Nepal and Bhutan – RBI revises exiting regulations RBI has notified the Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2025 to specify revised limit on sending or bringing currency of Nepal and Bhutan The Regulation No. 8 of the Foreign …
RBI Launches Verified WhatsApp Channel / Account for Public Awareness – Addition of 2nd account The Reserve Bank of India has been conducting public awareness campaigns across various mediums such as text messages, television and digital advertisements, under the ‘RBI Kehta Hai’ (RBI Says) initiative. Further expanding its …
Redemption price of Sovereign Gold Bond Scheme 2017-18 – Series II due on July 28, 2025, shall be ₹9,924/- Final redemption under Sovereign Gold Bond (SGB) Scheme – Redemption Price for final redemption of SGB 2017-18 Series-II due on July 28, 2025. The Sovereign Gold Bond Scheme 2017-18 – …
RBI lays down revised rules for bank prepayment charges on all floating rate loan & advances sanctioned or renewed on or after January 1, 2026. Reserve Bank of India has issued RBI (Pre-payment Charges on Loans) Directions, 2025. These Directions shall apply to all commercial banks (excluding payments banks), co-operative …
Reserve Bank of India (Lending Against Gold and Silver Collateral) Directions, 2025 RBI has issued directions on Lending Against Gold and Silver as Collateral securities. Currently, RBI has permitted lending against the collateral security (not prime security) of gold jewellery, ornaments and coins for meeting the short-term financing …
RBI directs banks to ensure ATMs dispense ₹100 and ₹200 denomination banknotes on a regular basis. RBI has issued direction to all Banks on the dispensation of ₹100 and ₹200 denomination banknotes through ATMs. Rs. 100 and Rs. 200 notes serve specific purposes due to their value, convenience, …
RBI caps maximum compounding amount at Rs. 2,00,000/- for compounding of certain contraventions under FEMA, 1999 in exceptional circumstances/ facts involved. RBI Master Directions on compounding of contraventions under FEMA, 1999, dated April 22, 2025 provides that as per provisions under section 13 of FEMA,1999, the penalty amount can be …
