Searched for
RBI DIRECTIONS COMPLIANCE
EbixCash becomes first non-bank entity to get RBI nod for trade remittancesEbixCash secured a perpetual Authorised Dealer Category-II licence from the Reserve Bank of India. This licence allows the company to handl...
Don't put a toll on UPI: Why merchant discount rate isn't the answerA proposal to introduce a merchant discount rate (MDR) on UPI transactions above ₹2,000 for businesses with annual turnover of ₹1-1.5 crore...
RBI asks banks to clear old trade and payment mismatchesThe RBI has asked banks to resolve long-pending mismatches between trade and payment records worth thousands of crores. Banks must verify d...
Foreign or local? Investors at loss over GIFT fundsInvestors are grappling with confusion when it comes to reporting GIFT City fund investments in their tax returns. Fund houses provide vary...
RBI tightens governance framework, redefines bank board responsibilitiesThe RBI has revised bank board governance norms, effective October 1. Boards will now focus on strategy and risk oversight, delegating oper...
RBI proposes easing rules for mutual funds, insurers to acquire higher stake in banksThe RBI has proposed one-time approval for mutual funds, insurers and pension funds to increase bank shareholding up to 10% without repeate...
ETMarkets Smart Talk | Selling property in India? Here's how NRIs can avoid excess TDS: Trilegal's Himanshu SinhaNRIs face complex tax rules when selling Indian property, often leading to excess tax deductions. Obtaining a Lower TDS certificate can pre...
Nashik-based company launches an AI-autonomous sovereign cloud platform built in IndiaNashik-based ESDS Software Solution has launched Swaraj Cloud, an AI-autonomous sovereign cloud platform. This platform runs entirely on In...
Cost of free alerts: RBI’s SMS order may dent banks’ income by Rs 300 croreBanks have also been given the flexibility of dropping mandatory alerts for lowvalue transactions. However, top-draw private banks, such as...
Google Cloud’s big India AI bet; Swiggy crosses key ownership thresholdGoogle Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...
Is enforcement of banking regulations ownership neutral?Bank of Baroda settled a $600 million dispute with NMC Healthcare administrators, ending a protracted legal battle. This significant payout...
Operationalising GST refunds for foreign tourists to promote retail exports: FIEOExporters' body FIEO has urged the government to implement GST refunds for foreign tourists to boost tourism and retail exports. They also ...
ETMarkets Smart Talk | Why some NRIs pay zero tax on mutual fund gains in India: Sreepriya NS of Entrust Family Office explainsNRIs are increasingly viewing India as a prime long-term investment hub, attracted by its growth potential and tax efficiencies under certa...
HDFC Bank shares down 20% in 2026 so far. Time to buy as the governance cloud clears up?HDFC Bank shares have plunged 20% this year amid governance concerns, sparked by a former chairman's resignation. The bank has since appoin...
Why CDSCO and BEE have not kept pace with the industries they overseeCDSCO still faces challenges like chronic understaffing, gaps in technical skills, weak lab infra and fragmented approvals. About a decade ...
Solvency buffers at insurers thinning; general insurance sector more of a concernThe Reserve Bank of India's latest report highlights concerns over thinning capital in the insurance sector. While life insurers remain com...
RBI proposes to further enhance money market participation, liquidityThe Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to s...