Featured

All about Foreign Remittance Declaration Form A2

All about Foreign Remittance Declaration Form A2

Money makes the world go round, and in today’s globalised economy, it’s not uncommon for individuals and businesses to send and receive funds across international borders. However, with the increasing prevalence of cross-border transactions comes the need for greater transparency and regulation. This is where the Foreign Remittance Declaration Form A2 comes in. Whether you’re … Read more

Parliament Announces bill to bring co-operative banks under RBI supervision  

co-operative banks under RBI supervision

The Parliament has declared amendments to the Banking Regulation Act to bring co-operative banks under RBI supervision, a move intended at protecting the interest of depositors. Let’s summaries the Notifications issued:- Co-operative banks under RBI supervision In order to bring co-operative banks under the supervision of the RBI, Parliament has passed amendments to the Banking … Read more