RBI introduces new rules to speed up foreign money transfers into India, aiming for faster credit and better transparency.
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RBI's new rules to speed up cross-border payments, align with G20
The RBI has issued new guidelines to quicken cross-border inward payments. Banks must streamline processes, inform beneficiaries immediately, and reconcile nostro accounts more frequently to ensure ...
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No more delays in receiving funds from abroad: RBI issues strict guidelines for cross-border payments
RBI New Rules: New regulations have been implemented to streamline the process of receiving funds from abroad into India.
The issue was the absence of a mechanism to enforce lock-in on pledged shares. SEBI introduced a “non-transferable” tagging system through ...
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RBI ask banks to speed up inward foreign payments with faster alerts, one-hour reconciliation
The Reserve Bank of India has issued new directives to banks. These rules aim to speed up inward cross-border payments.
The apex bank notes that the delays often occur at the stage when the beneficiary bank receives the payment and credits it to ...
RBI unveils Utkarsh 2029 strategy focusing on CBDC expansion, UPI globalisation, ULI scale-up, and modernising currency ...
In a circular issued on March 31, 2026, Director General of Customs, General Da Pierre A., said the decision follows the deployment of digital transit systems that now ensure secure and transparent ...
The issue was handling export cargo affected by maritime disruption. The circular permits LEO cancellation and flexible movement of goods for re-routing or ...
The Bureau of Internal Revenue (BIR) has issued a memorandum circular simplifying the rules on tax breaks on education ...
Despite a string of natural disasters and ongoing economic strain, the Bureau of Internal Revenue (BIR) in Cebu remains confident it can meet its targets for the 2025 income tax filing season.
In a circular dated April 8, 2026, SEBI said that in cases where a lock-in cannot be created on certain pledged securities, ...
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