https://www.taxtmi.com/news?id=26426 The Reserve Bank kept the policy repo rate and related facility rates unchanged while maintaining focus on withdrawal of accommodation to restore price stability. It announced five measures: permitting IFSC banks to offer INR non deliverable derivative contracts to residents onshore; creating a secure centralised regulatory portal (PRAVAAH) with time limits for approvals; building a public portal to search unclaimed bank deposits across banks; strengthening grievance redress and disclosure requirements for Credit Information Companies including compensation and access alerts; and expanding UPI to operate pre sanctioned bank credit lines. en-us Thu, 06 Apr 2023 18:32:02 +0530 Thu, 06 Apr 2023 18:32:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26426 The Reserve Bank kept the policy repo rate and related facility rates unchanged while maintaining focus on withdrawal of accommodation to restore price stability. It announced five measures: permitting IFSC banks to offer INR non deliverable derivative contracts to residents onshore; creating a secure centralised regulatory portal (PRAVAAH) with time limits for approvals; building a public portal to search unclaimed bank deposits across banks; strengthening grievance redress and disclosure requirements for Credit Information Companies including compensation and access alerts; and expanding UPI to operate pre sanctioned bank credit lines. News - Thu, 06 Apr 2023 18:32:02 +0530 https://www.taxtmi.com/news?id=26426