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RBI IMPOSES STRICTER KYC NORMS TO PREVENT FAKE WALLET TRANSACTION

BE/RBI/35/2017 More stringent norms are brought in by the Central Bank, to stop fake wallet transactions.  This is expected to bring in a new life for mobile wallet operators which are expected to be fraud free.  It would now be possible for the customers to make uninterrupted transfer of money between wallets of various companies

RBI IMPOSES STRICTER KYC NORMS TO PREVENT FAKE WALLET TRANSACTION

BE/RBI/35/2017 More stringent norms are brought in by the Central Bank, to stop fake wallet transactions.  This is expected to bring in a new life for mobile wallet operators which are expected to be fraud free.  It would now be possible for the customers to make uninterrupted transfer of money between wallets of various companies

RBI UPDATES: INVESTMENTS IN REITS AND InvLts

BE/RBI/35/2017 Now lenders can invest in Reits and Invlts, and the exposure is capped at 10 per cent of the unit capital investment of such instruments, says an RBI report. RBI had earlier, issued the Master circular, on the Financial Services of Banks, the Central Bank advised that banks should restrict themselves to 10 per

RBI UPDATES: INVESTMENTS IN REITS AND InvLts

BE/RBI/35/2017 Now lenders can invest in Reits and Invlts, and the exposure is capped at 10 per cent of the unit capital investment of such instruments, says an RBI report. RBI had earlier, issued the Master circular, on the Financial Services of Banks, the Central Bank advised that banks should restrict themselves to 10 per

RBI Monetary Policy

BE/RBI/34/2017 RBI Skips Any Changes In Rates And Revises Growth Forecast The Central Bank has: Kept the policy rates unchanged Revised the Inflation forecast for the second half of the fiscal year and Brought down the growth target severely While keeping the repo rate at 6 per cent without any change being made, RBI also

RBI Monetary Policy

BE/RBI/34/2017 RBI Skips Any Changes In Rates And Revises Growth Forecast The Central Bank has: Kept the policy rates unchanged Revised the Inflation forecast for the second half of the fiscal year and Brought down the growth target severely While keeping the repo rate at 6 per cent without any change being made, RBI also

Monetary Policy Meet For The Current Quarter

BE/RBI/33/2017 3rd and 4th October 2017 will be review of the Monetary Policy by RBI.  The Business Standard poll reveals that the chances of a rate cut is bleak and that the Central Bank would prefer to watch the proposed fiscal push by the Government, when the inflation rates are going up.  Expectations are A

Monetary Policy Meet For The Current Quarter

BE/RBI/33/2017 3rd and 4th October 2017 will be review of the Monetary Policy by RBI.  The Business Standard poll reveals that the chances of a rate cut is bleak and that the Central Bank would prefer to watch the proposed fiscal push by the Government, when the inflation rates are going up.  Expectations are A

Amendment To Insolvency Law

BE/RBI/32/2017 Jaypee Infratech insolvency: There’s a viable solution to home buyers’ troubles and it’s built in bankruptcy code – IIT PROFESSIONAL VIEWS Recent issue related to Insolvency Law, involved Jaypee Infratech and its flat buyers.  Now, after a deliberation there are possibilities of an amendment  to the Insolvency and Bankruptcy Colde (IBC). Issues discussed are

Amendment To Insolvency Law

BE/RBI/32/2017 Jaypee Infratech insolvency: There’s a viable solution to home buyers’ troubles and it’s built in bankruptcy code – IIT PROFESSIONAL VIEWS Recent issue related to Insolvency Law, involved Jaypee Infratech and its flat buyers.  Now, after a deliberation there are possibilities of an amendment  to the Insolvency and Bankruptcy Colde (IBC). Issues discussed are