No requirement of CA Certificate for Bank Loan KYC, clarifies RBI
In a recent response to a Right to Information (RTI) query filed by an individual, the Reserve Bank of India (RBI) has clarified its stance on...
RBI increases UPI Transaction Limits to Rs. 5 Lakhs per Day to Hospitals and Educational Institutions
In a decisive move to propel India towards a more cashless economy, the Reserve Bank of India (RBI) has announced substantial increases in the limits for Unified Payment Interface (UPI) transactions...
7946 Overseas Companies Registers their Indian Subsidiary Company from FY 2018-19 to FY 2022-23; says Minister Nirmala Sitharaman [Read Order]
The Finance and Corporate Affairs Minister Nirmala Sitharaman revealed that a noteworthy 7,946 overseas companies successfully registered their subsidiary entities in India during the period from...
RBI Issues Warning: Unauthorised Forex Platforms Pose Risks to Investors; Check the Platforms here [Read Order]
In the dynamic landscape of forex trading, the Reserve Bank of India (RBI) has raised a red flag, cautioning investors about the inherent risks associated with unauthorised forex trading platforms....
State Declaration on KSCARDB as Cooperative Bank was Struck Down: Supreme Court directs RBI to Revoke Banking License [Read Order]
The Supreme Court directed the Reserve Bank India(RBI)to revoke the banking license and struck down the State declaration on Kerala State Co-Operative Agricultural And Rural Development Bank...
![State Declaration on KSCARDB as Cooperative Bank was Struck Down: Supreme Court directs RBI to Revoke Banking License [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Cooperative-Bank-was-Struck-Down-Supreme-Court-directs-RBI-Revoke-Banking-License-Banking-License-Tax-News-TAXSCAN.jpg "State Declaration on KSCARDB as Cooperative Bank was Struck Down: Supreme Court directs RBI to Revoke Banking License [Read Order]")