RBI Mauritius Pact: Strengthening Bilateral Trade with INR-MUR Transactions RBI and Bank of Mauritius Partner to Promote INR-MUR Trade Transactions The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have entered into a strategic partnership to facilitate cross-border transactions in the Indian Rupee (INR) and Mauritian Rupee (MUR). This agreement aims to boost bilateral trade and financial integration between the two nations while reducing dependency on hard currencies like the USD. […]

RBI Rupee Stability: Govt and Central Bank’s Plan to Defend Currency Amid Volatility RBI Rupee Stability: Govt and Central Bank’s Plan to Defend Currency Amid Volatility RBI Rupee Stability has been a major concern as the Reserve Bank of India (RBI) actively defends the Indian rupee to manage depreciation and control market volatility. The government remains confident in RBI’s strategic interventions, ensuring that the rupee does not experience excessive fluctuations. Despite initial speculations that new […]

RBI Rupee Stability & SEBI’s Transparency Push: Govt and Market Reforms RBI Rupee Stability: Govt and Central Bank’s Plan to Defend Currency Amid Volatility RBI Rupee Stability remains a priority as the Reserve Bank of India (RBI) actively intervenes in the forex market to manage rupee depreciation and mitigate volatility. Meanwhile, SEBI’s new chairman, Tuhin Kanta Pandey, has pledged greater transparency in regulatory governance. Additionally, RBI has imposed penalties on four NBFCs for compliance violations […]

Budget 2025: Simplifying Tax Collection at Source (TCS)—Insights by Estabizz Fintech At   Estabizz Fintech Private Limited, we’re committed to demystifying complex tax reforms for businesses and individuals. The Union Budget 2025 introduces pivotal changes to Tax Collection at Source (TCS), aiming to streamline compliance and reduce financial burdens. Let’s break down what these updates mean for you. Key Highlights of TCS Reforms in Budget 2025 Higher LRS Threshold : The TCS trigger for foreign remittances […]

RBI Tightens Personal Loan Rules: Credit Scores Now Updated Within 15 Days Starting January 1, 2025, the Reserve Bank of India (RBI) will enforce a new regulation mandating lenders to update credit records every 15 days. This change aims to enhance the accuracy of credit scores and better represent borrowers’ financial activities. This shift will benefit disciplined borrowers through improved loan deals and reduce risks for financial institutions, ultimately enhancing the overall credit market. Key […]