Tag: rbi regulations
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 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 …
