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RBI eases rules for outward remittances; drops prior approval for non-bank entities - The Economic Times
The Reserve Bank of India has eased rules for non-bank entities facilitating outward remittances. Prior approval from the RBI is no longer required for these tie-ups. Authorised Dealer banks will now be solely responsible for compliance and customer verification. Customers will receive clear information on forex rates, costs, and credit times for their transactions.
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RBI eases outward remittance norms, removes prior approval requirement for non-bank entities - The Times of India
https://timesofindia.indiatimes.com/business/india-business/rbi-eases-outward-remittance-norms-removes-prior-approval-requirement-for-non-bank-entities/articleshow/131069542.cms
Outward remittances: NBFCs don't need prior RBI nod for dealer tie-ups - The Economic Times
https://economictimes.indiatimes.com/industry/banking/finance/outward-remittances-nbfcs-dont-need-prior-rbi-nod-for-dealer-tie-ups/articleshow/131076742.cms
RBI streamlines overseas remittance tie-ups for banks, fintechs | Mint
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https://www.livemint.com/industry/banking/rbi-forex-regulations-ad-category-i-licence-11778081339670.htmlRBI issues revised norms for entities dealing in forex - The Economic Times
https://economictimes.indiatimes.com/markets/forex/forex-news/rbi-issues-revised-norms-for-entities-dealing-in-forex/articleshow/130863407.cms