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RBI CLARIFICATION
India to launch new cheque book rules from January 1, 2027? RBI clarifiesRBI has clarified that there will be no changes to the standard CTS cheque books in 2027. Social media messages claimed new cheque books wi...- New Rs 10, Rs 20 & Rs 50 notes to run short before Diwali? PIB Fact Check debunks viral RBI circularA viral WhatsApp message claiming that new Rs 10, Rs 20 and Rs 50 notes may be in short supply ahead of Diwali has been debunked by PIB Fac...
- “During Congress’s time, banks were created; in Modi era, they are being sold”: Rahul Gandhi targets govt over IDBI Bank saleRahul Gandhi has criticised the Centre's proposed sale of a 60.72% stake in IDBI Bank, questioning the privatisation of a profitable public...
- GST registration gets easier as CBIC drops Udyam proof, sets seven-day limit for approvalsThe Central Board of Indirect Taxes and Customs has issued clarifications regarding GST registration requirements for businesses. Companies...
- New Rs 1,000 note with temple image in India? Govt clarifies on viral claimImages of a purported Rs 1,000 yellow currency note have circulated on social media recently. Claims state that the note is new or will be ...
- Central Bank of India clarifies all accounts are safe after reports of 187 unauthorised transactions worth Rs 13.97 croreIn a recent statement, the Central Bank of India reassured customers that a technical issue with its RTGS server did not compromise account...
- Tata Sons AGM deadline nears as Tata Trusts deadlock clouds votingTata Sons is currently observing the situation involving its majority owners, Tata Trusts, regarding governance issues. The annual general ...
- Finance Ministry clarifies on legislative developments concerning govt's IDBI Bank stakeThe Finance Ministry clarified the legislative developments regarding IDBI Bank's government stake in 2003. An amendment to restrict the di...
- RBI clarifies interbank trades, ECBs coupons not part of FERRReserve Bank of India recently clarified the applicability of foreign exchange risk reserve for banks. The requirement does not apply to ba...
- RBI issues clarifications on forex hedging curbsThe Reserve Bank of India issued clarifications on its recent measures to support the rupee. This followed concerns about tighter hedging r...
- PM Modi woos global investors, says India believes in 'Power to Empower'The Prime Minister told the gathering of business leaders from India and abroad that the country has seen inclusive growth at a steady pace...
- IHC, First Abu Dhabi eye stake in Bandhan Bank promoterEarly investors GIC & IFC jointly hold 30% in Bandhan Financial Services (BFSL), keen to exit. PE funds tapped too to gauge strategic inter...
- Banks seek clarification on implementation of RBI forex measuresIndian lenders have requested clarification from the Reserve Bank of India regarding new currency-supporting measures. They seek guidance o...
- DA hike for central government employees: AIDEF urges cabinet secretary, Finance Ministry to announce DA hike soon, increase in bonus ceilingDA hike: Central government employees and pensioners are in eager anticipation of the upcoming announcement regarding the dearness allowanc...
- GST Council proposes 2% TDS on scrap dealsThe proposed levy covers plastic waste, discarded tyres, electrical and electronic scrap, and used cooking oil. Under the framework, regist...
- NBFC services to banks will attract 18% GSTThe interest on the underlying loan will remain exempt from GST. The 18% levy will apply to the taxable service supplied by the NBFC to the...
- RBI still assessing revolving credit norms: Sanjay MalhotraReserve Bank of India governor Sanjay Malhotra has indicated that regulations on revolving credit by non-banking finance companies are unde...
- RBI moves to quell forex reporting confusion, says individuals need not report imports, export earningsThe RBI on Wednesday clarified that individuals are not required to report imports or export earnings under the new foreign exchange regula...
- "If SIR removed anti-BJP votes, how did TMC perform?" Fadnavis questions Rahul Gandhi's allegationsMaharashtra Chief Minister Devendra Fadnavis addressed allegations made by Rahul Gandhi regarding the Special Intensive Revision of elector...
- Did government order banks to stock ATMs ahead of UPI charges? Here’s what PIB saidA newspaper clipping claiming banks were told to increase ATM cash stocks ahead of UPI fees has circulated online, prompting a government f...
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