Reserve Bank of India.

RBI issues new order on credit cards to give customers more choice

The RBI on Wednesday issued a directive barring credit card issuers (banks and non-banks) from entering into any arrangement or agreement with card networks such as American Express, MasterCard Asia, Diners Club and Rupay that restrain them from availing the services of other card networks. Mar 6, 2024
PFRDA Notifies Simplified Rules For Pension Funds, NPS Trust

PFRDA notifies simplified rules for Pension Funds, NPS Trust

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations of the National Pension System Trust and the Pension Fund to reduce the cost of compliance and enhance the ease of doing business. Feb 21, 2024
Supreme Court

Electoral bonds scheme infringes upon right to information of voter: CJI Chandrachud

Saying that financial contribution to a political party could lead to quid pro quo arrangements, Chief Justice of India D.Y. Chandrachud on Thursday said that the electoral bonds scheme by anonymizing contributions to the political parties infringe upon right to information of the voter provided under Article 19(1)(a) of the Constitution. Feb 15, 2024