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RBI waives NEFT, RTGS charges to Promote Cashless Transactions, says FM Nirmala Sitharaman
The Reserve Bank of India ( RBI ) has waived NEFT, RTGS charges to promote Cashless Transactions. As per RBI guidelines, banks issue debit cards to...
![Penalty can’t be levied for Rejection of Bonafide Claim: Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/05/Appellate-Court-Bombay-High-Court-Taxscan.jpg "Penalty can’t be levied for Rejection of Bonafide Claim: Bombay High Court [Read Order]")
RBI notifies revised Voluntary Retention Route for Investments by Foreign Portfolio Investors and opens allotment ‘on tap’
The Reserve Bank of India ( RBI ) introduced the Voluntary Retention Route for Investments by Foreign Portfolio Investors (FPIs) on March 01, 2019. Limits for investment in debt by Foreign Portfolio...
RBI releases draft circular on “Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies” for public comments
The Non-Banking Financial Companies (NBFCs) play an important role in the financial system of the country, particularly in delivering credit to the last mile, including the retail as well as MSME...
