Skip to main content

Archive 2022

This is an archive of the articles published on this blog during the year 2022 in the descending order of the date of publication.

What is the payments fraud reporting platform for banks? - https://inquisitivemind5.blogspot.com/2022/12/what-is-payments-fraud-reporting.html

Guidelines on opening of Current accounts and CC / OD accounts by banks - https://inquisitivemind5.blogspot.com/2022/12/guidelines-on-opening-of-current.html

What is Lead Bank Scheme? - https://inquisitivemind5.blogspot.com/2022/12/what-is-lead-bank-scheme.html

What is Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR)? - https://inquisitivemind5.blogspot.com/2022/12/what-is-cash-reserve-ratio-crr-and.html?m=1

What is Voluntary Retention Route (VRR)? - https://inquisitivemind5.blogspot.com/2022/12/what-is-voluntary-retention-route-vrr.html?m=1

Small Value Digital Payments in Offline Mode - https://inquisitivemind5.blogspot.com/2022/12/small-value-digital-payments-in-offline.html?m=1

What are Negotiable Instruments? - https://inquisitivemind5.blogspot.com/2022/12/what-are-negotiable-instruments.html?m=1

Net-worth / NOF requirements for RBI regulated entities - https://inquisitivemind5.blogspot.com/2022/12/net-worth-nof-requirements-for-rbi.html?m=1

Pilot launch of Retail Digital Rupee (e₹-R) in India - https://inquisitivemind5.blogspot.com/2022/12/pilot-launch-of-retail-digital-rupee-e.html?m=1

SLR holdings in HTM category - https://inquisitivemind5.blogspot.com/2022/11/slr-holdings-in-htm-category.html?m=1

Interoperable Card-less Cash Withdrawal (ICCW) at ATMs - https://inquisitivemind5.blogspot.com/2022/11/interoperable-card-less-cash-withdrawal.html?m=1

What is Liberalised Remittance Scheme (LRS)? - https://inquisitivemind5.blogspot.com/2022/11/what-is-liberalised-remittance-scheme.html?m=1

What are restrictions on storage of actual card data? - https://inquisitivemind5.blogspot.com/2022/11/what-are-restrictions-on-storage-of.html

What is tokenisation of card transactions? - https://inquisitivemind5.blogspot.com/2022/11/what-is-tokenisation-of-card.html

What is revised regulatory framework for Urban Co-operative Banks (UCBs)? - https://inquisitivemind5.blogspot.com/2022/11/what-is-revised-regulatory-framework.html

What are SOPs for Interoperable Regulatory Sandbox? - https://inquisitivemind5.blogspot.com/2022/11/what-are-sops-for-interoperable.html

What are eligibility criteria for offering Internet Banking facility by RRBs? - https://inquisitivemind5.blogspot.com/2022/11/what-are-eligibility-criteria-for.html

What are directions on issuance of Credit Cards and Debit Cards? - https://inquisitivemind5.blogspot.com/2022/11/what-are-directions-on-issuance-of.html

What is the regulatory framework for microfinance loans? - https://inquisitivemind5.blogspot.com/2022/11/what-is-regulatory-framework-for.html

What are prudential norms on asset classification and provisioning? - https://inquisitivemind5.blogspot.com/2022/11/what-are-prudential-norms-on-asset.html

What is Scale Based Regulation (SBR) for NBFCs? - https://inquisitivemind5.blogspot.com/2022/11/what-is-scale-based-regulation-sbr-for.html

Reserve Bank of India Act, 1934 – Part-X – Section 58B to 58G - https://inquisitivemind5.blogspot.com/2022/11/reserve-bank-of-india-act-1934-part-x.html

Bank Finance to Non-Banking Financial Companies (NBFCs) - https://inquisitivemind5.blogspot.com/2022/11/bank-finance-to-non-banking-financial.html

Reserve Bank of India Act, 1934 – Part-IX – Section 46 to 58A - https://inquisitivemind5.blogspot.com/2022/11/reserve-bank-of-india-act-1934-part-ix.html

Pilot launch of Central Bank Digital Currency (CBDC) in India - https://inquisitivemind5.blogspot.com/2022/11/pilot-launch-of-central-bank-digital.html

Reserve Bank of India Act, 1934 – Part-VIII – Section 45Z to 45ZO - https://inquisitivemind5.blogspot.com/2022/11/reserve-bank-of-india-act-1934-part.html

What is Standing Deposit Facility (SDF)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-standing-deposit-facility-sdf.html

Reserve Bank of India Act, 1934 – Part-VII – Section 45S to 45Y - https://inquisitivemind5.blogspot.com/2022/10/reserve-bank-of-india-act-1934-part-vii.html

Requirement of prior RBI approval for non-bank PSOs - https://inquisitivemind5.blogspot.com/2022/10/requirement-of-prior-rbi-approval-by.html

Reserve Bank of India Act, 1934 – Part-VI – Section 45K to 45QB - https://inquisitivemind5.blogspot.com/2022/10/reserve-bank-of-india-act-1934-part-vi.html

What is Payments Vision 2025? - https://inquisitivemind5.blogspot.com/2022/10/what-is-payments-vision-2025.html

Reserve Bank of India Act, 1934 – Part-V – Section 45B to 45JA - https://inquisitivemind5.blogspot.com/2022/10/reserve-bank-of-india-act-1934-part-v.html

MoU between Reserve Bank of India and Bank Indonesia - https://inquisitivemind5.blogspot.com/2022/10/mou-between-reserve-bank-of-india-and.html

Reserve Bank of India Act, 1934 – Part-IV – Section 42 to 45 - https://inquisitivemind5.blogspot.com/2022/10/reserve-bank-of-india-act-1934-part-iv.html

International Trade Settlement in Indian Rupees (INR) - https://inquisitivemind5.blogspot.com/2022/10/international-trade-settlement-in.html

Reserve Bank of India Act, 1934 – Part-III – Section 20 to 40 - https://inquisitivemind5.blogspot.com/2022/10/reserve-bank-of-india-act-1934-part-iii.html

Reserve Bank of India Act, 1934 – Part-II – Section 17 to 19 - https://inquisitivemind5.blogspot.com/2022/10/reserve-bank-of-india-act-1934-section.html

Reserve Bank of India Act, 1934 – Part-I – Preamble and Section 1 to 13 - https://inquisitivemind5.blogspot.com/2022/10/reserve-bank-of-india-act-1934-preamble.html

What is regulatory framework for Asset Reconstruction Companies (ARCs)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-regulatory-framework-for-asset.html

What are Digital Banking Units (DBUs)? - https://inquisitivemind5.blogspot.com/2022/10/what-are-digital-banking-units-dbus.html

Steps taken by RBI for liberalisation of forex inflows - https://inquisitivemind5.blogspot.com/2022/10/steps-taken-by-rbi-for-liberalisation.html

What is Asian Clearing Union (ACU)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-asian-clearing-union-acu.html

What is Financial Action Task Force (FATF)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-financial-action-task-force-fatf.html

Guidelines on credit facilities to minority communities - https://inquisitivemind5.blogspot.com/2022/10/guidelines-on-credit-facilities-to.html

Late submission fee for reporting delays under FEMA - https://inquisitivemind5.blogspot.com/2022/10/late-submission-fee-for-reporting.html

Highlights of Concept Note on Central Bank Digital Currency - https://inquisitivemind5.blogspot.com/2022/10/highlights-of-concept-note-on-central.html

Which Small Finance Banks can obtain AD Category-I license? - https://inquisitivemind5.blogspot.com/2022/10/which-small-finance-banks-can-obtain-ad.html

What is Legal Entity Identifier (LEI)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-legal-entity-identifier-lei.html

What is Reserve Bank of India – Digital Payments Index (RBI-DPI)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-reserve-bank-of-india-digital.html

Who is responsible for the actions of recovery agents? - https://inquisitivemind5.blogspot.com/2022/10/what-are-responsibilities-of-regulated.html

What is Ways and Means Advances (WMA)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-ways-and-means-advances-wma.html

What is Bharat Bill Payment System (BBPS)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-bharat-bill-payment-system-bbps.html

What is Rupee Drawing Arrangement (RDA)? - https://inquisitivemind5.blogspot.com/2022/10/what-is-rupee-drawing-arrangement-rda.html

RBI’s Monetary Policy (September 30, 2022): In A Nutshell - https://inquisitivemind5.blogspot.com/2022/09/rbis-monetary-policy-september-30-2022.html

What is Financial Inclusion (FI) Index? - https://inquisitivemind5.blogspot.com/2022/09/what-is-financial-inclusion-fi-index.html

What are the motifs on banknotes? - https://inquisitivemind5.blogspot.com/2022/09/what-are-motifs-on-banknotes.html

What is Regulatory Sandbox (RS)? - https://inquisitivemind5.blogspot.com/2022/09/what-is-regulatory-sandbox-rs.html

What is Mobile Aided Note Identifier (MANI) App? - https://inquisitivemind5.blogspot.com/2022/09/what-is-mobile-aided-note-identifier.html

How much value does torn / cut note carry? What are Note Refund Rules? - https://inquisitivemind5.blogspot.com/2022/09/how-much-value-does-torn-cut-note-carry.html

When are NBFCs placed under PCA? What are its implications? - https://inquisitivemind5.blogspot.com/2022/09/when-are-nbfcs-placed-under-pca-what.html

When are banks placed under PCA? What are its implications? - https://inquisitivemind5.blogspot.com/2022/09/when-are-banks-placed-under-pca-what.html

Who bears the loss of fraudulent financial transactions? - https://inquisitivemind5.blogspot.com/2022/09/who-bears-loss-of-fraudulent-financial.html

Are your ATM transactions free? - https://inquisitivemind5.blogspot.com/2022/09/are-your-atm-transactions-free.html

What happens to inoperative deposit accounts? - https://inquisitivemind5.blogspot.com/2022/09/what-happens-to-inoperative-deposit.html

What is Certificate of Deposits (CDs)? - https://inquisitivemind5.blogspot.com/2022/09/what-is-certificate-of-deposits-cds.html

Sovereign Gold Bonds vs Gold Monetization Scheme - https://inquisitivemind5.blogspot.com/2022/09/sovereign-gold-bonds-vs-gold.html

What is Gold Monetization Scheme? - https://inquisitivemind5.blogspot.com/2022/09/what-is-gold-monetization-scheme.html

What are Sovereign Gold Bonds? - https://inquisitivemind5.blogspot.com/2022/09/what-are-sovereign-gold-bonds.html

What is inflation targeting by RBI? - https://inquisitivemind5.blogspot.com/2022/09/is-inflation-targeting-by-rbi.html

What is inflation? - https://inquisitivemind5.blogspot.com/2022/08/what-is-inflation.html

How is GDP calculated in India? - https://inquisitivemind5.blogspot.com/2022/08/how-is-economic-growth-calculated.html

RBI’s Monetary Policy (August 05, 2022): In A Nutshell - https://inquisitivemind5.blogspot.com/2022/08/monetary-policy-august-05-2022-in.html

Which are the monetary policy instruments used by RBI? - https://inquisitivemind5.blogspot.com/2022/08/are-monetary-policy-instruments-used-by.html

Had a failed financial transaction? By when shall bank reverse the amount? - https://inquisitivemind5.blogspot.com/2022/08/had-failed-financial-transaction-by.html

Filing your ITR? Have you checked AIS and TIS? - https://inquisitivemind5.blogspot.com/2022/07/filing-your-itr-have-you-checked-ais.html

Are banks deposits insured? - https://inquisitivemind5.blogspot.com/2022/07/are-your-deposits-with-banks-insured.html

What is KYC? - https://inquisitivemind5.blogspot.com/2022/07/what-are-kyc-norms.html

What is Retail Direct Gilt Account? - https://inquisitivemind5.blogspot.com/2022/07/what-is-retail-direct-gilt-account.html

What is Tax Credit Statement (Form 26AS)? - https://inquisitivemind5.blogspot.com/2022/07/a-taxpayer-pays-taxes-on-income-by-way.html

How change in repo rate affects inflation and growth? - https://inquisitivemind5.blogspot.com/2022/07/how-changing-repo-rate-affects.html

RBI’s Monetary Policy (April 08, 2022): In A Nutshell - https://inquisitivemind5.blogspot.com/2022/04/rbis-monetary-policy-april-08-2022-in.html

Which deductions can be claimed from total income? - https://inquisitivemind5.blogspot.com/2022/03/which-deductions-can-be-claimed-from.html

How to pay self-assessment tax? - https://inquisitivemind5.blogspot.com/2022/03/how-to-pay-self-assessment-tax.html

How to transfer shares from one Demat account to another? - https://inquisitivemind5.blogspot.com/2022/03/how-to-transfer-shares-from-one-demat.html

How to file Income Tax Return (ITR–1)? - https://inquisitivemind5.blogspot.com/2022/03/how-to-file-income-tax-return-itr1.html

Got salary arrears? Have you claimed relief u/s 89 of Income Tax Act, 1961? - https://inquisitivemind5.blogspot.com/2022/03/got-salary-arrears-have-you-claimed.html

What is Credit Score? Why is it important? - https://inquisitivemind5.blogspot.com/2022/03/what-is-credit-score-why-is-it-important.html

What is UPI and UPI123Pay? - https://inquisitivemind5.blogspot.com/2022/03/what-is-upi-and-upi123pay.html

Earning income other than Salary? Have you paid your Advance Tax? - https://inquisitivemind5.blogspot.com/2022/03/earning-income-other-than-salary-have.html

Tax slabs for individuals for the assessment years 2022-23 and 2023-24 - https://inquisitivemind5.blogspot.com/2022/03/calculating-tax-liability-of.html

Tracking rise and fall of Sensex? But how is Sensex calculated? - https://inquisitivemind5.blogspot.com/2022/03/tracking-rise-and-fall-of-sensex-but.html


Follow at - Telegram   Instagram   LinkedIn   X   Facebook

Comments

Popular Posts

Guidelines on Money Changing Activities (Updated as on May 06, 2026)

Reserve Bank of India (RBI) has updated the guidelines on money changing activities. What are the guidelines for appointment of agents / franchisee? RBI had permitted Authorised Dealers (ADs) Category - I, ADs Category - II and Full Fledged Money Changers (FFMCs) to enter into agency or franchisee agreements at their option for the purpose of carrying restricted money changing business i.e. conversion of foreign currency notes, coins or travellers' cheques into Indian Rupees (INR).  A franchisee can be any entity which has a place of business and a minimum Net Owned Funds of ₹10 lakh.  Franchisees can undertake only restricted money changing business. Franchisees of AD Category - I / AD Category - II / FFMCs functioning within 10 kms from the borders of Pakistan and Bangladesh may also sell the currency of the bordering country, with the prior approval of RBI.  Other franchisees of AD Category - I / AD Category - II / FFMCs cannot sell foreign currency. An authorised pers...

Utkarsh 2029

Reserve Bank of India (RBI) has published its medium-term strategy framework – Utkarsh 2029, for the period April 2026 to March 2029. Utkarsh RBI had first formulated its medium-term strategy framework, viz. ‘Utkarsh 2022’ for the period 2019-2022 in July 2019, replacing its annual action plans as the latter spanned over a short period, insufficient to pursue strategic objectives.  The strategic framework contained, inter alia, RBI’s Mission, Core Purpose, Values and Vision Statements, reiterating RBI’s commitment to the Nation. It became a medium-term strategy document guiding RBI’s progress towards realisation of the identified milestones. The subsequent strategy framework, i.e., ‘Utkarsh 2.0’, spanned the period 2023-25. Utkarsh 2029  Utkarsh 2029 is the medium-term strategy framework for the period April 2026 to March 2029. Utkarsh 2029 has a 3-layered structure consisting of strategy pillars guided by the vision and values of RBI. Vision of Utkarsh 2029 – Continue excelle...

Digital Payments – E-mandate Framework 2026

Reserve Bank of India (RBI) has issued e-mandate framework for digital payments. What is an e-mandate?  A mandate is a standard instruction that a customer provides to his / her issuing bank and other institutions allowing them to automatically debit the mentioned amount from his / her bank account. e-mandate is the electronic version of it. To whom shall the framework be applicable? The framework shall be applicable to Payment System Providers and Payment System Participants. To which transactions shall the framework be applicable? The framework shall be applicable to processing of recurring transactions, domestic or cross-border, using cards / Prepaid Payment Instrument (PPI) / Unified Payments Interface (UPI). What are the guidelines for registration and revocation of e-mandate? A customer desirous of opting for e-mandate facility shall undertake a one-time registration process. The mandate shall be registered only after successful validation of additional factor of authenticati...

Treatment of Wilful Defaulters and Large Defaulters

Reserve Bank of India (RBI) had issued the directions on treatment of wilful defaulters and large defaulters. To whom shall the directions be applicable? The directions shall be applicable to the following Regulated Entities (REs) – Commercial Banks  Small Finance Banks (SFBs) Local Area Banks (LABs) Regional Rural Banks (RRBs) Primary (Urban) Co-operative Banks (UCBs) Rural Co-operative Banks – State Co-operative Banks (StCBs) Central Co-operative Banks (CCBs) All India Financial Institutions (AIFIs) regulated by RBI – Export Import Bank of India (EXIM Bank) National Bank for Agriculture and Rural Development (NABARD) National Housing Bank (NHB) Small Industries Development Bank of India (SIDBI) National Bank for Financing Infrastructure and Development (NaBFID) Non-Banking Financial Companies (NBFCs) categorized as Middle Layer and above layers – Deposit taking NBFC (NBFC-D) NBFC-Investment and Credit Companies (NBFC-ICC) NBFC-Factor  NBFC-Micro Finance Institutions (NBFC-MF...

Credit Information Reporting

Reserve Bank of India (RBI) had issued directions on credit information reporting by the regulated entities. What are Credit Information Companies (CICs)? Credit Information Companies (CICs) mean companies that have been granted a certificate of registration by RBI under section 5 of the Credit Information Companies (Regulations) Act, 2005 (CICRA).  The following CICs are registered with RBI – CRIF High Mark Credit Information Services Private Limited Equifax Credit Information Services Private Limited Experian Credit Information Company of India Private Limited TransUnion CIBIL Limited What are Credit Institutions (CIs)? Credit Institutions (CIs) mean the following institutions – Commercial Banks  Small Finance Banks (SFBs) Local Area Banks (LABs) Regional Rural Banks (RRBs) Primary (Urban) Co-operative Banks (UCBs) Rural Co-operative Banks – State Co-operative Banks (StCBs) Central Co-operative Banks (CCBs) All India Financial Institutions (AIFIs) regulated by RBI – Export I...