Discover what a bank endorsement is, how it guarantees payment for negotiable instruments like letters of credit, and its types used in international trade.
Learn how foreign drafts simplify international transactions, save on currency conversion fees, and ensure timely payments when dealing with cross-border trade.
Reserve Bank of India seeks public comments on draft Prudential Norms for Dividend and Remittance of Profit Directions, 2026.
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RBI draft norms propose 75% dividend cap, stricter board assessment
The RBI has proposed raising the bank dividend payout cap to 75% from 40%, linking it to capital adequacy. The draft norms, ...
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Reserve Bank of India releases fresh set of draft regulations for Rupee Interest Rate Derivatives
Mumbai, June 17 -- The Reserve Bank of India (RBI) yesterday released a fresh set of draft regulations aimed at updating the rules for Rupee Interest Rate Derivatives (IRD), in a move designed to ...
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