Rbi Clarification
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After RBI Clampdown, Paytm Shares Important Updates For Its Users
Following RBI restrictions on its mobile wallet, Paytm addressed user concerns through an FAQ.
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NRIs, OCIs Don't Need Prior Approval To Buy Or Sell Immovable Property In India: RBI
NRIs and OCIs don't require prior approval for buying or selling immovable properties like houses in the country, RBI has clarified
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RBI's New Norms Likely To Increase NBFCs Bad Loans By One-Third: Report
The clarification included classification of special mention account (SMA) and NPA on a day-end position basis and upgrade from an NPA to standard category only after clearance of all outstanding overdues.
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No Restriction On Exchange Of Qatari Riyals In India: RBI
RBI on Friday clarified that it has not restricted the exchange of the currency.
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Restructured Education Loans Not To Be Treated As NPAs: RBI
The RBI's response was on a clarification sought by the IBA whether the education loans with extended repayment period be treated as restructured loans.
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Banks Can't Turn Away Customers Depositing Pre-2005 Notes: RBI
In a clarification, the RBI said these specified bank notes (SBNs) would also include pre-2005 banknotes in the denominations of Rs 500 and Rs 1,000.
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Opinion: Who Will Trust The RBI Or Government Now?
We're 16 days into Narendra Modi's grand demonetisation experiment, and almost everyone is utterly confused about what is legal and what is not. The government has come out with dozens of clarifications, extensions, exemptions and changes to the initial rules.
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Hedge Principal, Interest Alike: Reserve Bank To ECB Borrowers
The RBI said a minimum tenure of one year of financial hedge will be required with periodic rollover duly ensuring that the exposure on account of ECB is not unhedged at any point during the currency of ECB.
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Bonds Rally on RBI Bond Purchase, UDAY Clarification
Indian bonds rallied on Friday after the Reserve Bank of India (RBI) announced a $1.75 billion bond purchase and said it would not allow debt issued by state governments as part of a bailout scheme for power companies to hit markets.
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No Intention to Take Away Significant Power From RBI: Jaitley
The government will not take away any 'significant' power of the Reserve Bank of India (RBI) and a clarification on the central bank's role in the regulation of bond market will be provided next month, Finance Minister Arun Jaitley said on Friday.
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Clarification Likely on Gold Imported Under '80:20' Norm
Gold imports prior to abolition of the 80:20 scheme may not be subject to restrictive provisions imposed by the Reserve Bank of India (RBI) to contain import of the precious metal.
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RBI to Clarify on Licensing Norms for Small, Finance Banks
The Reserve Bank of India (RBI) on Monday said it will come out with detailed clarifications for the benefit of intended applicants on newly-issued guidelines for setting up small finance and payment banks.
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RBI Issues Clarification on Credit Cards
Credit cards issued by the Reserve Bank of India! Yes, that's the latest trick fraudsters are using to dupe hapless people, the central bank has found recently.
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Saradha Scam: CBI to Examine Reserve Bank Officials
CBI will soon examine some Reserve Bank of India (RBI) officials in connection with the Saradha scam probe as it has found certain instances for which clarification is needed from authorities in the bankers' bank.
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Loan Guarantors Can Be Declared Wilful Defaulters: RBI
The Reserve Bank's clarification came after banks had raised queries regarding inclusion of guarantors in the list of wilful defaulters. The Reserve Bank defines a wilful defaulter as a borrower that is able but unwilling to pay, has diverted loan proceeds for other than their initially stated use or has overstated profits to obtain a loan.
-
After RBI Clampdown, Paytm Shares Important Updates For Its Users
Following RBI restrictions on its mobile wallet, Paytm addressed user concerns through an FAQ.
-
NRIs, OCIs Don't Need Prior Approval To Buy Or Sell Immovable Property In India: RBI
NRIs and OCIs don't require prior approval for buying or selling immovable properties like houses in the country, RBI has clarified
-
RBI's New Norms Likely To Increase NBFCs Bad Loans By One-Third: Report
The clarification included classification of special mention account (SMA) and NPA on a day-end position basis and upgrade from an NPA to standard category only after clearance of all outstanding overdues.
-
No Restriction On Exchange Of Qatari Riyals In India: RBI
RBI on Friday clarified that it has not restricted the exchange of the currency.
-
Restructured Education Loans Not To Be Treated As NPAs: RBI
The RBI's response was on a clarification sought by the IBA whether the education loans with extended repayment period be treated as restructured loans.
-
Banks Can't Turn Away Customers Depositing Pre-2005 Notes: RBI
In a clarification, the RBI said these specified bank notes (SBNs) would also include pre-2005 banknotes in the denominations of Rs 500 and Rs 1,000.
-
Opinion: Who Will Trust The RBI Or Government Now?
We're 16 days into Narendra Modi's grand demonetisation experiment, and almost everyone is utterly confused about what is legal and what is not. The government has come out with dozens of clarifications, extensions, exemptions and changes to the initial rules.
-
Hedge Principal, Interest Alike: Reserve Bank To ECB Borrowers
The RBI said a minimum tenure of one year of financial hedge will be required with periodic rollover duly ensuring that the exposure on account of ECB is not unhedged at any point during the currency of ECB.
-
Bonds Rally on RBI Bond Purchase, UDAY Clarification
Indian bonds rallied on Friday after the Reserve Bank of India (RBI) announced a $1.75 billion bond purchase and said it would not allow debt issued by state governments as part of a bailout scheme for power companies to hit markets.
-
No Intention to Take Away Significant Power From RBI: Jaitley
The government will not take away any 'significant' power of the Reserve Bank of India (RBI) and a clarification on the central bank's role in the regulation of bond market will be provided next month, Finance Minister Arun Jaitley said on Friday.
-
Clarification Likely on Gold Imported Under '80:20' Norm
Gold imports prior to abolition of the 80:20 scheme may not be subject to restrictive provisions imposed by the Reserve Bank of India (RBI) to contain import of the precious metal.
-
RBI to Clarify on Licensing Norms for Small, Finance Banks
The Reserve Bank of India (RBI) on Monday said it will come out with detailed clarifications for the benefit of intended applicants on newly-issued guidelines for setting up small finance and payment banks.
-
RBI Issues Clarification on Credit Cards
Credit cards issued by the Reserve Bank of India! Yes, that's the latest trick fraudsters are using to dupe hapless people, the central bank has found recently.
-
Saradha Scam: CBI to Examine Reserve Bank Officials
CBI will soon examine some Reserve Bank of India (RBI) officials in connection with the Saradha scam probe as it has found certain instances for which clarification is needed from authorities in the bankers' bank.
-
Loan Guarantors Can Be Declared Wilful Defaulters: RBI
The Reserve Bank's clarification came after banks had raised queries regarding inclusion of guarantors in the list of wilful defaulters. The Reserve Bank defines a wilful defaulter as a borrower that is able but unwilling to pay, has diverted loan proceeds for other than their initially stated use or has overstated profits to obtain a loan.
