New Delhi, Apr 27 (KNN) The Ministry of Corporate Affairs (MCA) has released a draft notification proposing amendments to the Companies (Incorporation) Rules, 2014, and invited stakeholder feedback. Titled Companies (Incorporation) Amendment Rules, 2026, the draft was issued through a public notice dated April 8, 2026, and has beenContinue Reading
New Delhi, Apr 10 (KNN) The Reserve Bank of India (RBI) has issued final guidelines aimed at accelerating cross-border inward payments, seeking to reduce delays in crediting funds to beneficiaries. The central bank said the move is intended to address operational frictions and ensure quicker communication of payment information, enablingContinue Reading
New Delhi, Apr 28 (KNN) The Reserve Bank of India (RBI) is set to implement an expected credit loss (ECL)-based provisioning framework for banks from April 2027, marking a shift from the current incurred loss approach to a more forward-looking system of recognising credit risk. The proposed framework aims toContinue Reading
New Delhi, Apr 11 (KNN) The Reserve Bank of India (RBI) on Friday outlined its medium-term strategy for April 2026 to March 2029 under the ‘Utkarsh 2029’ framework, aimed at reinforcing its position as a world-class, full-service central bank. Strategic Focus And Key Initiatives The strategy prioritises long-term initiatives suchContinue Reading
New Delhi, Mar 17 (KNN) Digital payment transactions in India have witnessed strong growth in recent years, driven by coordinated efforts of the government, the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI), Finance Minister Nirmala Sitharaman informed the Lok Sabha. During FY 2024–25,Continue Reading
New Delhi, Apr 1 (KNN) The Reserve Bank of India (RBI) has extended key trade relief measures for exporters in view of continued geopolitical uncertainties and logistical disruptions arising from the West Asia crisis. The central bank has now allowed an enhanced export credit period of up to 450 daysContinue Reading
New Delhi, Mar 10 (KNN) Minister of State for Finance Pankaj Chaudhary informed Parliament that the Reserve Bank of India (RBI) has issued comprehensive directions on lending against gold and silver collateral to standardise norms across regulated financial institutions. RBI Issues Unified Framework For Loans Against Precious Metals According toContinue Reading
