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Verified · 4 outletsIndia

RBI issues new domestic money transfer rules

Headline via The Economic Times · first report 11 Nov, 23:07 IST, latest 12 Nov, 17:33 IST

The Reserve Bank of India, Mumbai
Representational image · The Reserve Bank of India, Mumbai · Pinakpani / Wikimedia Commons, CC BY-SA 4.0

What we know

4 independent news organisations have reported this story. The first report we saw came from Hindustan Times at 11 Nov, 23:07 IST; the latest is from Free Press Journal at 12 Nov, 17:33 IST. Rational Times has not independently confirmed the details: read each report through the links below.

StatusVerified
Reported by4 news organisations
First report11 Nov, 23:07 IST
Latest report12 Nov, 17:33 IST
DeskIndia

What the reports sayEach newsroom’s own summary of its report, from its feed

The framework for Domestic Money Transfer (DMT) was introduced in order to facilitate small-value fund transfers through formal banking channels.
The RBI issued consolidated domestic money transfer directions, retaining existing transaction limits while strengthening safeguards for cash-based remittances. The framework sets limits on cash deposits and payouts, mandates verified remitter details…

Quoted from the newsrooms’ own feeds, with their names and links. Rational Times has not independently confirmed the details.

The reports4 reports

Headlines belong to the news organisations named; each links to their own report. We group reports automatically by their key words, so now and then two different stories can be grouped together, or one story split in two. Tell us about a mistake

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