Ease of compliance: RBI scraps 5,673 circulars; issues 244 master directions to streamline rules
The Reserve Bank has concluded a massive six-month overhaul, clearing out 5,673 outdated circulars and consolidating over 3,800 into 244 master directions. This significant regulatory ...
RBI cracks down on ‘buy now, pay later’
The RBI has ordered Bengaluru-based BNPL firm Simpl to immediately cease its payments operations for running a system without explicit central bank authorization. This action ...
