RBI issues statement on Developmental and Regulatory Policies.

To encourage card-less cash withdrawal facility across all banks and all ATM networks / operators, it is proposed to enable customer authorisation through the use of Unified Payments Interface (UPI) while settlement of such transactions would happen through the ATM networks.

Master Circular to Urban Co-operative Banks on Management of Advances

CICs are directed to formulate appropriate policies with the approval of their Boards to share the credit information relating to SHGs or SHG members, on an aggregate basis with the Government agencies, NABARD, banks and MFIs for the purpose of credit planning and research.

FSSAI issues advisory on unauthorised usage of FSSAI logo and Food Safety Training and Certification (FoSTaC) logo in any form.

A number of complaints/representations have been received from various Restaurant, Trade Associations, Small Shopkeepers etc., that persons with ID card having FSSAI logo and/or FoSTaC logo on it have been visiting their premises; asking them to show food registration/license certificate; forcing them to undergo training under FoSTaC to get Food Safety Supervisor (FSS) certificate; and, threatening them for charging heavy penalty for disobey.