Over 97% of ₹2,000 Notes Returned by October 31: RBI
The Reserve Bank of India (RBI) issued an official announcement through press release 2023-2024/257, dated May 19, 2023, regarding the...
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...
Non adherence to RBI Circular Prior to Issue of Audit Report is Professional Misconduct: ICAI Reprimands CA along with Fine of Rs 1 lakh
The Institute of Chartered Accountants of India (ICAI), reprimanded a Chartered Accountant (CA), imposed a fine of Rupees one lakh and held that non-adherence to Reserve Bank of India (RBI) Circular...
