New Delhi: Reserve Bank governor Shaktikanta Das on Friday reiterated his name for an outright ban on cryptocurrencies, announcing those are “not anything however playing” and their perceived “fee is not anything however make-consider.” To similarly its competition to such currencies and additionally to take a lead over different important […]
Tag: Reserve Bank of India
Covid: RBI extends relaxation on periodic updation of KYC till March
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Reserve Bank of India (RBI) on December 30 extend relaxation given to the bank in a bank account where periodic updates from your customer’s norm (KYC) are due. Relaxation has been extended until March, 31, 2022 considering the covid situation. RBI has now asked the bank not to impose restrictions […]
Online payment rules set to change from Jan 1. All you need to know
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Reserve Bank of India has announced the change in online payment regulations in 2020. This September this year, it gives time online traders until the end of the year to start applying tokenomenes. Thus, the bank has told their customers. With increasing digital penetration in this country, more and more […]