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Searched Tag: reserve bank
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Tax season assistance: RBI announces special measures for March 30, 31

March 22, 2024, 07:39 PM - 2 min read

In a move aimed at providing greater convenience to taxpayers, the Reserve Bank of India (RBI) has announced that its offices dealing with government business and designated branches of agency banks will remain open during normal working hours on March 30 and 31, 2024. This decision comes as part of special measures for the current financial year, particularly in light of the annual closing of government accounts.

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Amazon's Fintech leap: RBI bestows payment aggregator license

February 27, 2024, 04:49 PM - 2 min read

E-commerce giant Amazon's financial technology arm, Amazon Pay, has secured authorization from the Reserve Bank of India (RBI) to operate as a payments aggregator (PA). The RBI approved Amazon Pay's application on February 20, adding it to the list of companies granted this coveted license in 2024.

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