FEMA & Banking

Blog, News, FEMA & Banking

May 6, 2024

RBI Releases Draft Guidelines on ‘Prudential Framework for Income Recognition, Asset Classification and Provisioning’

Press Release No. 2024-2025/244; Dated: … Continue reading “RBI Releases Draft Guidelines on ‘Prudential Framework for Income Recognition, Asset Classification and Provisioning’”

Blog, News, FEMA & Banking

May 6, 2024

IFSCA Allows SEBI-Registered Non-Bank Entities as FPIs to Issue Derivative Instruments in GIFT-IFSC

Circular No. IFSCA/CMD-DMIIT/NBE-DI/2024-25/001; Dated: 02.05.2024 … Continue reading “IFSCA Allows SEBI-Registered Non-Bank Entities as FPIs to Issue Derivative Instruments in GIFT-IFSC”

Blog, News, FEMA & Banking

May 6, 2024

IFSCA Enables NRIs and OCIs to Invest in Indian Securities Through Schemes or Funds Established in IFSC

Circular No. F. No. IFSCA-IF-10PR/2/2024-Capital … Continue reading “IFSCA Enables NRIs and OCIs to Invest in Indian Securities Through Schemes or Funds Established in IFSC”

Blog, News, FEMA & Banking

May 4, 2024

ADs to Forward Details of Option Transactions on a Weekly Basis by First Working Day of Following Week | RBI

Circular No. RBI/2024-25/32 A. P. … Continue reading “ADs to Forward Details of Option Transactions on a Weekly Basis by First Working Day of Following Week | RBI”

Blog, News, FEMA & Banking

May 3, 2024

Petitioner’s Status as an Authorized Signatory Isn’t Sufficient to Invoke Vicarious Liability for the Offence u/s 138 of the NI Act

Case Details: Mrs. Mithlesh Gupta … Continue reading “Petitioner’s Status as an Authorized Signatory Isn’t Sufficient to Invoke Vicarious Liability for the Offence u/s 138 of the NI Act”

Blog, News, FEMA & Banking

May 2, 2024

RBI Notifies Guidance Note on Operational Risk Management and Operational Resilience

Press Release No. Press Release: … Continue reading “RBI Notifies Guidance Note on Operational Risk Management and Operational Resilience”

News, Blog, FEMA & Banking

May 2, 2024

Govt. Permits ‘360 One Distribution Services Limited’ to Conduct Aadhaar Authentication Under the PMLA

Notification No. S.O. 1863(E).; Dated … Continue reading “Govt. Permits ‘360 One Distribution Services Limited’ to Conduct Aadhaar Authentication Under the PMLA”

Blog, News, FEMA & Banking

May 1, 2024

RBI Releases Draft Master Directions on ‘Electronic Trading Platforms’

Press Release No. 2024-2025/211; Dated: … Continue reading “RBI Releases Draft Master Directions on ‘Electronic Trading Platforms’”

Blog, News, FEMA & Banking

May 1, 2024

RBI Directs ‘Regulated Entities’ to Review Their Practices Regarding Mode of Loan Disbursal & Application of Interest

Circular No. RBI/2024-25/30 DoS.CO.PPG.SEC.1/11.01.005/2024-25, Dated … Continue reading “RBI Directs ‘Regulated Entities’ to Review Their Practices Regarding Mode of Loan Disbursal & Application of Interest”

Blog, FEMA & Banking

June 1, 2024

FinTech Self-Regulation – Role | Requirements | Benefits of SROs

A Self-Regulatory Organization (SRO) is … Continue reading “FinTech Self-Regulation – Role | Requirements | Benefits of SROs”