RBI extends deadline of ‘On Tap Targeted Long-Term Repo Operations scheme’
The Reserve Bank of India has extended the On Tap Targeted Long-Term Repo Operations (TLTRO) Scheme till 31st December 2021, notified vide
Reserve Bank of India
Introduction of Cooling Period: RBI
Cooling Period To inculcate discipline and encourage the submission of applications by serious players as also for effective utilisation of regulatory resources,
Reserve Bank appoints Additional Directors on the board of Yes Bank Ltd.
In terms of paragraph 5 (3) of the ‘Yes Bank Ltd. Reconstruction Scheme, 2020’ notified by Government of India on March 13,
Notice issued to Centre, RBI and the likes over need for expeditious disposal of trials under Section 138 of Negotiable Instruments Act
Supreme Court: Taking suo motu cognizance of the issue relating to the expeditious trial of cases under Section 138 of Negotiable Instruments
Yes Bank Limited: RBI announces Scheme of Reconstruction
The Reserve Bank of India has placed in public domain a draft scheme of reconstruction of the Yes Bank Ltd. The Reserve
RBI | Yes Bank Ltd. placed under Moratorium
The financial position of Yes Bank Ltd. (the bank) has undergone a steady decline largely due to inability of the bank to
SC quashes RBI’s ban on Cryptocurrency trading [Full Report]
Supreme Court: The 3-judge bench of Rohinton Fali Nariman, S Ravindra Bhat and V Ramasubramania, JJ has struck down the curb on
Usage of ATMs – Free ATM transactions – Clarifications
Clarification issued by Reserve Bank of India It has come to our notice that transactions that have failed due to technical reasons,
Transfer of Regulation of Housing Finance Companies (HFCs) to Reserve Bank of India
The Finance (No.2) Act, 2019 (23 of 2019) has amended the National Housing Bank Act, 1987 conferring certain powers for regulation of
Resolution of Monetary Policy Committee | RBI cuts repo rate from 5.75 % to 5.40 %
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today
Reserve Bank of India imposes monetary penalty of Rs 7 crore on State Bank of India
Press Release The Reserve Bank of India (RBI) has imposed, by an order dated 15-07-2019, monetary penalty of 70 million on State
RBI | NEFT and RTGS charges to be waived off
National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) systems – Waiver of charges The Reserve Bank has since reviewed
Business News Update | Bank’s do not have the power to employ bouncers to recover loans
As reported by PTI, Union Minister of State for Finance Anurag Thakur stated that no bank has the power to employ bouncers
[Grievance Redressal Process] Complaint Management System launched by Reserve Bank of India
The “Complaint Management System (CMS)” of RBI was launched by the Governor, RBI. It is a software application to facilitate RBI’s grievance
Del HC | Levy of commission on unexpired term of bank guarantee held unsustainable where petitioner not informed about pre-payment charges
Delhi High Court: Vibhu Bhakru, J. allowed a writ petition filed against the action of Andhra Bank in debiting a sum of Rs
Reserve Bank of India | Real Time Gross Settlement (RTGS) System – Extension of Timings for Customer Transactions
‘Changes in RTGS time window’ It has been decided to extend the timings for customer transactions (initial cut-off) in RTGS from 4:30
Genuine Cases should be given another chance to deposit the demonetised notes
Supreme Court: The bench of J.S. Khehar, CJ and Dr. D.Y. Chandrachud, J asked the Centre and the Reserve Bank of India
Non-Banking Financial Company – Account Aggregator (Reserve Bank) Directions, 2016
The Reserve Bank of India, in exercise of the powers conferred under section 45JA of the Reserve Bank of India Act, 1934
Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2014
In exercise of the powers conferred by Section 6(3)(g) and Section 47(2) of the Foreign Exchange Management Act, 1999, the Reserve Bank