RBI has outlined how banks must implement the government’s interest subvention scheme for export credit, stressing strict adherence to eligibility and procedural ...

This roundup captures key tax, GST, customs, and financial sector updates released during the week. The key takeaway is improved clarity on exemptions, compliance, and regulatory ...

It brings service exporters within the formal reporting system, adding transparency. It also eases compliance for smaller ...

RBI Deputy Governor Shirish Chandra Murmu has said that the central bank has reorganised or done away with as many as 9,445 directions over a period of 5-6 months. The RBI has combined thousands of ...

Act has prescribed a ceiling on the continuous tenure of directors on both state and central co-operative banks and urban co-operative banks, raising it from 8 to 10 yrs ...

In a push to reduce dependence on the US dollar, the Reserve Bank of India (RBI) has simplified the process for banks to open Special Rupee Vostro Accounts (SRVAs), a key mechanism to facilitate ...

The Reserve Bank of India (RBI) on Monday issued a comprehensive set of amendments to the Priority Sector Lending (PSL) – ...

A news is circulating on many social media channels that the Reserve Bank of India (RBI) has instructed all banks to add .bank.in to their respective domain names. The news led to confusion among many ...