Notifications

RBI updates FEMA regulations allowing Indian exporters to open and operate foreign currency accounts in IFSCs.

RBI Amends FEMA Regulations: Exporters Can Hold Foreign Currency Accounts in IFSCs

Articles

RBI has announced a phased shift from batch-based CTS to continuous, real-time cheque clearing from October 4, 2025, reducing settlement time to just a few hours.

Evolution of Cheque Clearing Systems in India: From MICR to Continuous Clearing

Press Release

The central bank fined HDB Financial Services for failing to collect PAN or equivalent identification for certain loan accounts.

RBI Imposes Rs. 4.20 Lakh Penalty on HDB Financial Services for KYC Non-Compliance

RBI imposes an Rs. 31.8 lakh penalty on American Express Banking for non-compliance with credit card regulatory directions.

RBI Imposes Monetary Penalty on American Express

News

RBI Governor Sanjay Malhotra rules out UPI charges and says digital phone locking on EMI defaults is under review.

RBI Governor Clarifies: No UPI Charges, EMI Phone Locking Under Review

The Reserve Bank of India (RBI) has cracked down on Simpl for violating Payment and Settlement Systems Act, 2007.

Explore Our Blogs

RBI Amends FEMA Regulations: Exporters Can Hold Foreign Currency Accounts in IFSCs

Evolution of Cheque Clearing Systems in India: From MICR to Continuous Clearing

RBI Imposes Rs. 4.20 Lakh Penalty on HDB Financial Services for KYC Non-Compliance

RBI Imposes Monetary Penalty on American Express

RBI Governor Clarifies: No UPI Charges, EMI Phone Locking Under Review

Simpl Faces RBI Crackdown Over Unauthorized Payment Services