Category: RBI

family pension to be fully recognized as per applicable Accounting Standards

October 5, 2021 By newtaxindia Off

RESERVE BANK OF INDIA Department of Regulation, Central Office, 12th and 13th Floor, Central Office Building, Shahidi Bhagat Singh Marg, Fort, Mumbai- 400 001Tel: 022- 2260 1000 Fax: 022-2270 5691 email: DOR.ACC.REC.57/21.04.018/2021-22October 4, 2021 All Member Banks of the Indian Banks’ Association covered under…

RBI issues master orders on prepaid payment instruments on 27 August 2021

September 4, 2021 By Damodhar C Off

RBI ISSUES MASTER DIRECTIONS ON PREPAID PAYMENT INSTRUMENTS DATED 27TH AUGUST 2021 VIDE NOTIFICATION NO. SRBI/DPSS/2021-22/82 CO.DPSS.POLC.NO.S-479/02.14.006/2021-22 The Reserve Bank of India on Friday issued Master Directions on Prepaid Payment Instruments (PPIs) with fresh classification of the instruments. Keeping in view the recent updates to…

COVID-19 Impact on Food Price Mark-ups in India

August 24, 2021 By Damodhar C Off

The Reserve Bank of India released the August 2021 issue of its monthly Bulletin. The Bulletin includes Monetary Policy Statement, 2020-21: Resolution of the Monetary Policy Committee (MPC) August 3-6, 2021, two Speeches, four Articles and Current Statistics.  The four articles are:  State of the…