![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]")
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...
RBI imposes Monetary Penalties on Four Co-operative Banks of Gujarat and West Bengal for Non-Compliance with Regulatory Directions [Read Order]
The Reserve Bank of India (RBI) has imposed a monetary penalty of rupees 6 lakhs on 4 Co-operative Banks of Gujarat and West Bengal for non-Compliance with regulatory directions. The co-operative...
RBI's UDGAM Portal entrusts 30 Banks, Including SBI, Axis, HDFC to Address Unclaimed Deposits: Check Complete Lists of Banks here [Read Press Release]
The Reserve Bank of India (RBI) has assigned 30 banks with the responsibility of managing unclaimed deposits via the UDGAM portal. On August 17, 2023, the RBI Governor introduced a centralized web...
![RBIs UDGAM Portal entrusts 30 Banks, Including SBI, Axis, HDFC to Address Unclaimed Deposits: Check Complete Lists of Banks here [Read Press Release]](https://www.taxscan.in/wp-content/uploads/2023/10/RBI-UDGAM-Portal-entrusts-30-Banks-Including-SBI-Axis-HDFC-Address-Deposits-Check-Complete-Lists-Banks-TAXSCAN.jpg "RBIs UDGAM Portal entrusts 30 Banks, Including SBI, Axis, HDFC to Address Unclaimed Deposits: Check Complete Lists of Banks here [Read Press Release]")
World Bank praises India's Progress at Digital Public Infrastructure including UPI initiative in G20 Document
The document drafted by the World Bank concerning the G20 Global Partnership for Financial Inclusion has praised India for the Digital Public Infrastructure (DPI), which encompasses initiatives like...
DGFT issues notice regarding to extend Pre and Post shipment Export Credit and Packing Credit Loan in Foreign Currency for E-Commerce Exports [Read Notice]
The Directorate General of Foreign Trade (DGFT), vide Trade Notice no. 26/2023 issued extension of Pre Shipment and Post Shipment Export Credit and Packing Credit Loan in Foreign Currency (PCFC) for...
