Tag results for: rbi reference rate
RTGS & NEFT are no longer in use! RBI introduced t new payment system
The Reserve Bank of India (RBI) is working to create a lightweight, portable payment system. During natural disasters and situations resembling war, this payment mechanism might be used for...
There is big news, if you also pay with a credit card, RBI has made a new rule!
The Reserve Bank's Liberalised Remittance Scheme (LRS) now covers expenses incurred in foreign currency through payments made with international credit card. The Finance Ministry announced on Tuesday that expenses...
RBI has fined this bank of 2crore, what will be the effect on account holders
The Reserve Bank of India (RBI) has occasionally issued penalties for rule violations against numerous banks and NBFCs. The RBI has fined HSBC Bank Rs. 1.73 crore for breaking...