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RBI revised the maximum amount that can be paid with e-mandates for recurring online transactions without the need for AFA to Rs.1 lakh from Rs. 15,000.

RBI enhances E-mandate Limit for Recurring Transactions to Rs. 100000

The Reserve Bank of India has cancelled the Certificate of Registration of One Non-Banking Financial Company (NBFC).

RBI cancels Certificate of Registration of One NBFC

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The RBI recently alerted of certain false advertising tempting borrowers with loan waivers.

RBI Cautions against Unauthorised campaigns on Loan waiver

RBI has imposed a monetary penalty of Rs.10.54 lakh on Berar Finance Limited, Nagpur for non-compliance with certain provisions of the RBI (KYC) Directions, 2016.

RBI imposes Monetary Penalty of Rs.10.54 Lakh on Berar Finance for Non-compliance

RBI has approved significant increases in the limitations for UPI transactions and e-mandates for Hospitals and Educational Institutions.

RBI raises UPI Payment limits to Rs. 5 Lakhs per Day to benefit Hospitals and Educational Institutions

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs.3 Lakh on 3 Cooperative Banks for non-compliance with RBI directions.

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RBI enhances E-mandate Limit for Recurring Transactions to Rs. 100000

RBI cancels Certificate of Registration of One NBFC

RBI Cautions against Unauthorised campaigns on Loan waiver

RBI imposes Monetary Penalty of Rs.10.54 Lakh on Berar Finance for Non-compliance

RBI raises UPI Payment limits to Rs. 5 Lakhs per Day to benefit Hospitals and Educational Institutions

RBI imposed Monetary Penalty on 3 Cooperative Bank for non-compliance with RBI directions