FEMA & Banking

Blog, News, FEMA & Banking

August 21, 2024

RBI Releases Framework for ‘Recognition of Self-Regulatory Organisations in Financial Markets’

Press Release No. 2024-2025/926, Dated: … Continue reading “RBI Releases Framework for ‘Recognition of Self-Regulatory Organisations in Financial Markets’”

Blog, News, FEMA & Banking

August 17, 2024

HC Mandates Exhaustion of Statutory Remedies Under PMLA Before Invoking Article 226 Relief

Case Details: Nium India (P.) … Continue reading “HC Mandates Exhaustion of Statutory Remedies Under PMLA Before Invoking Article 226 Relief”

News, Blog, FEMA & Banking

August 14, 2024

RBI Sets 75% Risk Weight for Standard Real Estate Loans by Housing Finance Companies

Circular No. RBI/2024-25/62 DOR.CRE.REC.33/08.12.001/2024-25; Dated: … Continue reading “RBI Sets 75% Risk Weight for Standard Real Estate Loans by Housing Finance Companies”

Blog, News, FEMA & Banking

August 14, 2024

RBI Mandates Deposit-Taking Housing Finance Companies to Maintain Liquid Assets to Extent of 15% of Public Deposits

Circular No. RBI/2024-25/61 DOR.FIN.REC.No.34/03.10.136/2024-25, Dated: … Continue reading “RBI Mandates Deposit-Taking Housing Finance Companies to Maintain Liquid Assets to Extent of 15% of Public Deposits”

Blog, News, FEMA & Banking

August 13, 2024

RBI Allows Non-Residents to Trade Sovereign Green Bonds in IFSC via Inward Remittance or Funds in Foreign Currency A/c

Notification No. No. FEMA. 396 … Continue reading “RBI Allows Non-Residents to Trade Sovereign Green Bonds in IFSC via Inward Remittance or Funds in Foreign Currency A/c”

Blog, News, FEMA & Banking

August 12, 2024

HC Affirms Closure of Cross-Examination as Petitioner Didn’t File Plea u/s 145 of NI Act in a Cheque Dishonor Trial

Case Details: Cassius Infracon (P.) … Continue reading “HC Affirms Closure of Cross-Examination as Petitioner Didn’t File Plea u/s 145 of NI Act in a Cheque Dishonor Trial”

News, Blog, FEMA & Banking

August 12, 2024

RBI Directs Credit Information Companies/Institutions to Update Credit Information Fortnightly or at Shorter Intervals

Circular No. RBI/2024-25/60 DoR.FIN.REC.No.32/20.16.056/2024-25, Dated: … Continue reading “RBI Directs Credit Information Companies/Institutions to Update Credit Information Fortnightly or at Shorter Intervals”

Blog, Advisory, FEMA & Banking

August 12, 2024

[Analysis] RBI’s Initiatives – UPI Transaction Limit Increase | Digital Lending Apps Repository | Faster Cheque Clearance

The Reserve Bank of India … Continue reading “[Analysis] RBI’s Initiatives – UPI Transaction Limit Increase | Digital Lending Apps Repository | Faster Cheque Clearance”

Blog, News, FEMA & Banking

August 9, 2024

RBI Keeps Repo Rate Unchanged at 6.50%

Press Release: 2024-2025/850, Dated: 08.08.2024 … Continue reading “RBI Keeps Repo Rate Unchanged at 6.50%”

Blog, News, FEMA & Banking

August 8, 2024

RBI Modifies Interest Subvention Scheme for Short-Term Loans for Agriculture and Allied Activities Via Kisan Credit Card

Circular No. RBI/2024-25/59 FIDD.CO.FSD.BC.No.8/05.02.001/2024-25, Dated: … Continue reading “RBI Modifies Interest Subvention Scheme for Short-Term Loans for Agriculture and Allied Activities Via Kisan Credit Card”