Category: RBI

RBi’s Direction on Peer to Peer Lending Platforms

What is Peer to Peer Lending Plat form: Peer-to-peer lending (P2P lending) is also known as Crowd Lending. Its is a way of practice of lending money to individuals or businesses mostly through online services that match lenders with borrowers. Its basically a match…

Do not Inscribe on Bank Notes: RBI

It has been brought to the notice of Reserve Bank of India that members of public and institutions write number, name or messages, etc. on the watermark window of banknotes, thus defacing the banknotes. The watermark window has an important…

Updated Master Circulars of Issued by RBI

Sl No Master Circulars 1 Master Circular – Capital Adequacy Standards and Risk Management Guidelines for Standalone Primary Dealers 2 Master Circular – ‘Know Your Customer’ (KYC) Guidelines – Anti Money Laundering Standards (AML) – ‘Prevention of Money Laundering Act,…