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Nifty Ends At A 3-Week High On Hopes Of Easing Interest Rates

The CNX Nifty continued to rule firm for the second consecutive day, surging by another 111 points to end at more than 3-week high of 8,373.65 on hopes of easing of interest rates by Reserve Bank Of India (RBI). 178 more words

News & Media

Microlender to bank: a good move?

Bandhan, a Kolkata-based microfinance company serving poor rural women, which received a provisional licence from the Reserve Bank of India for launching banking business last April, has now secured its formal licence – one of just two general banking licenses awarded by the RBI. 302 more words


Banks are allowed to enter Ready Forward Contracts in Corporate Debt Securities

RBI/2014-15/595 FMRD.DIRD.08/14.03.002/2014-15

May 14, 2015

A reference is invited to our circular FMRD.DIRD.04/14.03.002/2014-15 dated February 3, 2015 enclosing the Repo in Corporate Debt Securities (Reserve Bank) Directions, 2015. 429 more words


Transactions on Card upto Rs. 2000/- can be done without Using PIN : RBI

RBI/2014-15/601 DPSS.CO.PD.No.2163/02.14.003/2014-2015

May 14, 2015

Card Payments – Relaxation in requirement of Additional Factor of Authentication for small value card present transactions

Reserve Bank has issued various instructions on security of card transactions and risk mitigation measures, including directions on online alerts as well as on additional factor of authentication. 584 more words


Revision of Infrastructure Debt Funds (IDFs) by RBI

RBI/2014-15/600 DNBR (PD) CC.No.035/03.10.001/2014-15

May 14, 2015

Please refer to the Infrastructure Debt Fund-Non-Banking Financial Companies (Reserve Bank) Directions, 2011 issued vide Notification No. DNBS.233/ CGM(US)-2011 dated November 21, 2011 (the Directions) prescribing detailed guidelines on the regulatory framework for NBFCs to sponsor IDFs which are to be set up as NBFCs. 1,607 more words


RBI to dispense with the requirement of declaring the export of Goods /Software in the SDF

RBI//2014-15/599 A.P. (DIR Series) Circular No.101

May 14, 2015

Attention of the Authorised Dealers is invited to Regulation 6 of the Notification No.FEMA 23/2000-RB dated May 3, 2000 viz. 137 more words


Scheme of Incentives & Penalties – Review: RBI

RBI/2014-15/604 DCM (CC) No. 4846/03.41.01/2014-15

May 21, 2015

Please refer to our Master Circular DCM (CC) No.G-5/03.39.01/2014-15 dated July 1, 2014 on the captioned subject. 133 more words