19Aug 2026

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Banking Regulations Current Affairs FCNR deposits FCNR early closure foreign currency deposits Foreign Currency Non-Resident monetary policy NRI deposits RBI RBI policy
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RBI’s Early FCNR Closure Raises Policy Concerns

RBI’s Early FCNR Closure Raises Policy Concerns Why in the News ? The Reserve Bank of India (RBI) has decided to close the FCNR(B) deposit scheme earlier than originally planned.The facility, which was scheduled to remain open until 30 September, will now accept fresh deposits only until 31 August.The decision surprised banks and market participants …

29Nov 2025

UGI USER
2025 Banking Regulations Circulars Compliance financial sector Master Directions RBI regulatory reform
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RBI Issues 244 Master Directions for Easier Compliance

RBI Issues 244 Consolidated Master Directions Today Why in the News ? The Reserve Bank of India (RBI) has released 244 consolidated Master Directions, replacing nearly 9,446 circulars issued over decades. This aims to reduce the compliance burden on Regulated Entities (REs) and streamline regulatory instructions using a “continuous flow” approach. Key Features of RBI’s …

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RBI’s Early FCNR Closure Raises Policy Concerns

RBI Issues 244 Master Directions for Easier Compliance

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