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As anticipation builds around the 56th GST Council meeting expected in early July, Finance Minister Nirmala Sitharaman has signalled a significant overhaul of the Goods and Services Tax (GST) ...
He accused India of openly violating international laws, while reiterating Pakistan’s adherence ... reaffirming Pakistan’s commitment to protecting its share of water under the 1960 World ...
Under the proposed amendments, entities seeking to validate mobile numbers will be required to pay Rs 3 per validation request. The system will operate through a new Mobile Number Validator (MNV) ...
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Capital Market on MSNReserve Bank of India releases fresh set of draft regulations for Rupee Interest Rate DerivativesThe Reserve Bank of India (RBI) yesterday released a fresh set of draft regulations aimed at updating the rules for Rupee ...
The share of foreign banks in outstanding bank credit in India is less than 4%, central bank data shows. Banking remains one of the most guarded sectors of the Indian economy. While foreigners ...
India's Reserve Bank of India also acted late, issuing guidelines and even a bank ban in 2018 on banking with crypto exchanges. ... Making the Case for Balanced Regulation Rather Than Blanket Bans.
The government has notified the Banking Laws (Amendment) Act 2024, which allows bank account holders to have up to four nominees in a bank account, among other provisions.
India’s banking sector grapples with a multifaceted challenge concerning the establishment and operations of foreign banks. In a pivotal reform introduced by the RBI in 2013, foreign banks were ...
The Changing Landscape of Crypto Regulations in India. ... CBI Busts Nationwide Mule Account Network, 8.5 Lakh Fake Bank Accounts Linked To Cyber Fraud Entertainment News.
India central bank to stagger new banking regulations for smooth transition, governor says | Reuters
The Reserve Bank of India (RBI) will defer the implementation of three proposed crucial banking regulations, giving lenders ample time to prepare for the changes, the central bank governor said on ...
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