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News on Indian Economy and Sectors, which have impacts in the market.

 
RBI issues circular on guidelines to facilitate faster cross-border inward payments
09-Apr-26 17:54Hrs IST

The Reserve Bank of India (RBI) has today issued the circular on Guidelines to facilitate faster cross-border inward payments. The RBI had issued a draft circular on the subject on October 29, 2025, seeking feedback from stakeholders. Feedback received on the draft circular has been examined and consequent modifications have been suitably incorporated in the final circular. This is intended to address certain frictions identified in inward cross-border payments to facilitate the timely intimation of payment information and crediting of funds to the beneficiary's account.

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise