Category: RBI
RBI notified format of Currency Declaration Form (CDF) to declare foreign exchange brought into India Regulation 6 of the Foreign Exchange Management (Export and Import of Currency) Regulations, 2015 provides for the regulation related to import of foreign exchange into India. It is provided that (a) a person …
RBI has relaxed directions related to requirement and limits of collateral security for lending to Micro, Small & Medium Enterprises (MSME) Sector RBI has issued Lending to Micro, Small & Medium Enterprises (MSME) Sector (Amendment) Directions, 2026 to modify requirements related to collateral security by MSME as under: a. …
RBI notifies the Foreign Exchange Management (Guarantees) Regulations, 2026 RBI has notified the Foreign Exchange Management (Guarantees) Regulations, 2026. The Notification No. F. No. FEMA 8(R)/2026-RB dated 6th January 2026 has been issued in exercise of the powers conferred by sub-section (2) of Section 6 and subsection (2) …
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 …
