RBI
RBI intends to tokenisation assets, bonds as part of the wholesale CBDC pilot.
RJA 26 Feb, 2024
RBI intends to tokenisation assets, bonds as part of the wholesale CBDC pilot. T Rabi Sankar, Deputy Governor Reserve Bank of India, said that The Reserve Bank of India (RBI) is planning to introduce tokenisation of assets and government bonds and such under the wholesale CBDC (Central Bank Digital Currency ...
RBI
FATCA Reporting by reporting entities in India
RJA 20 Jun, 2023
Foreign Account Tax Compliance Act (FATCA) Reporting by reporting entities in India 1. United States of America & India have entered into FATCA Non tax treaty for for disclosure of foreign assets of United States of America residents located outside United States of America . 2. Internal Revenue Service (IRS) of United ...
RBI
Clarification on FATCA Reportable Accounts
RJA 20 Jun, 2023
Foreign Tax & Tax Research Division issue Clarification on FATCA Reportable Accounts Foreign Tax & Tax Research Division has issued a Clarification on frequently asked questions issued by United States of America Internal Revenue Service for Foreign Account Tax Compliance Act - FATCA Reportable Accounts: 1. The Indian ...
RBI
18 Nations Banks allowed to get RBI's nod to trade in INR
RJA 19 Mar, 2023
18 Countries Banks allowed to get RBI's nod to trade in INR According to the government of India, the Reserve Bank of India (RBI) has allowed banks from 18 different nations to open Special Vostro Rupee Accounts (SVRAs) in order to settle payments in rupees. Bhagwat Kishanrao Karad, the ...
RBI
RBI warns of KYC fraud. Here’s what you should do.
RJA 26 Sep, 2021
RBI warns of KYC fraud. Here’s what you should do. ·The Reserve Bank of India (RBI) has issued a warning to the public against frauds perpetrated in the name of KYC updation. ·The RBI said in a statement that it has received complaints and information regarding ...
RBI
RBI: From January 1 2021, inform bank otherwise Large Value cheques will bounce
RJA 29 Oct, 2020
Reserve Bank of India RBI: From January 1, 2021, inform bank otherwise Large Value cheques will bounce The positive pay system for cheque payments to come into effect from January 1, 2021. The RBI circular released on 25 September 2020 notes that the Indian National Payment Corporation (NPCI) will establish the positive pay service in the ...
RBI
Reserve bank of India Consultancy service
RJA 03 Oct, 2020
RBI Consulting Reserve Bank of India plays an important role in developing, strengthening, and diversifying the country’s economic and financial structure. It is the central banking institution, which supervises the monetary policy of the Indian Rupee. The primary objective of RBI includes ensuring inflation, full employment, stable economic ...
RBI
RBI Announced the refinancing of Rs 50,000 crore to SIDBI etc
RJA 06 Jun, 2020
The Reserve Bank of India Governor Announced the refinancing of Rs 50,000 crore for all Indian financial institutions such as Nabard, SIDBI, and NHB. The Reserve Bank of India has turned its focus to fulfilling the borrowing needs of NBFCs, MFIs, and housing markets by offering special refinancing facilities of ...
RBI
RBI Governor Announced the refinancing of Rs 50,000 crore for all Indian financial institutions
RJA 22 Apr, 2020
The Reserve Bank of India Governor Announced the refinancing of Rs 50,000 crore for all Indian financial institutions such as Nabard, SIDBI, and NHB. The Reserve Bank of India has turned its focus to fulfilling the borrowing needs of NBFCs, MFIs, and housing markets by offering special refinancing facilities of ...
