SEBI vide notification dated March 23, 2023 has permitted use of e- wallet for investment in Mutual Funds within the umbrella limit of INR 50,000 for investments by an investor through both e- wallet and/or cash, per Mutual Fund per financial year.
It should be ensured that all e-wallets are fully compliant with KYC norms as prescribed by Reserve Bank of India.
The provisions of this circular shall be applicable with effect from May 01, 2023.
The RBI-DPI index has increased across all parameters driven by significant growth in payment performance and payment infrastructure across the country over the period.
The Reserve Bank of India issued a Prompt Corrective Action (PCA) Framework for Primary (Urban) Co-operative Banks (UCBs). The provisions of the PCA Framework will
The Reserve Bank received twenty-two applications of which five have been selected for the ‘Test Phase’. The entities shall commence testing of their solutions from
The Industries and Commerce Department of Haryana announced The Patent Cost Reimbursement Scheme on July 23rd 2023. This scheme is designed to help startups in
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