Can I read RBI on EtoBox?
RBI by randowwork is a document available to read on EtoBox.
What is RBI about?
The Reserve Bank of India (RBI) has introduced a new framework for imposing monetary penalties and compounding offences under the Payment and Settlement Systems Act, 2007, effective January 30, 2025. This framework rationalizes enforcement actions, specifies that only material contraventions will be pursued, and modifies procedures for imposing penalties and compounding offences. Key changes include a new designated authority structure and the omission of certain procedural steps from the previous framework
- Author
- randowwork
- Language
- EN