https://www.taxtmi.com/news?id=72270 Reserve Bank of India has issued draft amendment directions for public comments across multiple categories of banks, revising branch authorisation and the business correspondent framework. The proposals define branch, Business Correspondent-Banking Outlet and Business Correspondent-Banking Touchpoint, simplify eligibility criteria for engaging business correspondents, subsume Business Facilitators under the business correspondent model, and standardise commission and remuneration arrangements in the business correspondent ecosystem. en-us Tue, 07 Apr 2026 17:58:33 +0530 Tue, 07 Apr 2026 17:58:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72270 Reserve Bank of India has issued draft amendment directions for public comments across multiple categories of banks, revising branch authorisation and the business correspondent framework. The proposals define branch, Business Correspondent-Banking Outlet and Business Correspondent-Banking Touchpoint, simplify eligibility criteria for engaging business correspondents, subsume Business Facilitators under the business correspondent model, and standardise commission and remuneration arrangements in the business correspondent ecosystem. News - Tue, 07 Apr 2026 17:58:33 +0530 https://www.taxtmi.com/news?id=72270