RBI - Apprentice | The Mentor

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Banking and finance
Corporate

For the first time ever Government may issue directions to RBI

ByApprentice News Bulletin
November 2, 2018

Government has initiated consultation with RBI under Section 7 of the RBI Act, which empowers the Government to issue directions to RBI further adding to the ongoing tension between the two.

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Company Law
Corporate

Data Localisation: RBI’s deadline expires

ByApprentice News Bulletin
October 18, 2018

The deadline given by RBI for storage of payment system data on Indian servers expired on October 15, 2018. One must wait and see how the RBI sketches out the next steps for the defaulters.