RBI announces the migration of CPFIR (FRAUD) Reporting to DAKSH

Effective from January 01, 2023, the Banks and non-bank PPI entities shall commence reporting payment frauds in DAKSH. According to RBI circular, this reporting was earlier facilitated through Electronic Data Submission Portal (EDSP) and is being migrated to DAKSH through which scheduled commercial banks and non-bank prepaid payment instrument (PPI) issuers report payment frauds, to…

Bank holidays 2023 in Lakshadweep UT

The Administration of Lakshadweep vide order no. 35/02/2018 Genl/2677 dated 21.12.2023 declared Public holidays to be observed throughout UT Lakshadweep during the calendar year 2023 Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 18.02.2023 Saturday SHIVRATHRI 3 08.03.2023 Wednesday HOLI 4 01.04.2023* Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 5 07.04.2023 Friday GOOD…