RBI
Get to know the Reserve Bank of India (RBI) inside and out. Discover its role in the Indian economy, monetary policies, and financial stability. Stay updated on RBI's latest developments, regulations, and their impact on businesses and consumers. Explore the heartbeat of India's financial system with our comprehensive RBI guide.
Created on: 05/29/2024
CBDT Exempts RBI from Higher TDS Deduction under Section 206AB of Income Tax Act, 1961: A Comprehensive Analysis
This article explains the recent exemption of the Reserve Bank of India from higher TDS and TCS rates under sections 206CCA and 206AB of the Income Tax Act, 1961. It provides an understanding of the sections and their implications for the RBI and the Indian economy.
Created on: 03/19/2024
The Tightrope Walk: How RBI's Policies Impact Lending to SMEs in India
Small and Medium Enterprises (SMEs) are the backbone of the Indian economy. Yet, access to credit often remains a challenge for them. This blog post dives into the impact of the Reserve Bank of India's (RBI) monetary policy decisions, particularly repo rate changes, on loan availability and interest rates for SMEs. We explore the complex interplay between economic growth, inflation control, and the credit needs of this vital sector.
Created on: 02/16/2024
RBI's Vigilance: Action Against Unauthorized Payment System in Card Network Intermediary - APNOKACA Update
The Reserve Bank of India has discovered that a certain Card Network had set up a system allowing businesses to make card payments through intermediaries to entities that don't accept card payments.
Created on: 12/30/2023
ATM Withdrawal Fees SBI, PNB, HDFC, ICICI Bank
Banks provide a set number of free ATM transactions to customers every month. If this limit is surpassed, customers will incur additional charges on each ATM transaction, whether it's financial or non-financial.
Created on: 12/30/2023
Latest UPI Transaction Limit RS 5 Lakh Per Day News
The updated UPI transaction limit regulations now allow individuals to make payments via UPI up to Rs.5 lakh per day, compared to the previous cap of Rs.1 lakh.
Created on: 12/20/2023
Bank Locker Agreements Renewal Deadline Reminder
The Reserve Bank of India has brought a renewal process for bank locker agreements. If you submitted your agreement on or before December 31, 2022, it's time to sign a revised one and submit it to your bank branch.