RBI Starts LEI for RTGS and NEFT For 50 Cr and Above
RBI Starts LEI for RTGS and NEFT transactions – RBI starts LEI for large value transactions in centralized payment systems of Rs 50 crore and
RBI Introduces New Digital PPI for Retails, Grocery Payments
RBI introduces new Prepaid Payment Instrument (PPI) for small retails payment like groceries, local shops etc – Reserve Bank of India (RBI) has launched a
After Agri, Debt Waiver for MSME Also !
RBI has announced debt relied package for MSME up to loan amounting Rs 25 Crore – The newly appointed Governor of Reserve Bank of India (RBI) Shaktikanta
RBI Doesn’t Authorize Flipkart, Amazon etc Cash-on-delivery Deals
Reserve Bank of India has made it clear through reply of a Right to Information (RTI) query that Cash-on-delivery (CoD) by services Aggregators/payment intermediaries like Amazon and
RBI bans LoUs and LoCs issuance by Banks
Post Punjab National Bank (PNB) Fraud the Reserve Bank of India (RBI) has banned the use of letters of undertaking (LoUs) and letters of comfort (LoCs). RBI
RBI Starts Audit of Public Sector Banks For LoU’s & Trade Finance Activities
Post Punjab National Bank Fraud – Reserve Bank of India (RBI) has started the auditing of all the public sector banks for issuance of LoU’s
Comments