[Analysis] A Deeper Dive into RBI’s Proposed Norms for Dealing with Wilful Defaulters
Table of Contents Applicability of … Continue reading “[Analysis] A Deeper Dive into RBI’s Proposed Norms for Dealing with Wilful Defaulters”
FEMA & Banking
Penalty u/s 13 of FEMA for Non-submission of Proof of Import Reduced as Co. was Regularly Making Substantial Imports | SAFEMA
Case Details: Akzo Nobel India … Continue reading “Penalty u/s 13 of FEMA for Non-submission of Proof of Import Reduced as Co. was Regularly Making Substantial Imports | SAFEMA”
Complaint u/s 138 for Dishonoured Cheques Due to Alleged Non Receipt of Gold Can’t be Quashed as it Was a Matter of Trial | HC
Case Details: Vihan Exims Co. … Continue reading “Complaint u/s 138 for Dishonoured Cheques Due to Alleged Non Receipt of Gold Can’t be Quashed as it Was a Matter of Trial | HC”
Petitioners Who Had Retired from Post of Directors Before the Issuance of Dishonoured Cheque Couldn’t be Held Liable u/s 138 of NI Act | HC
Case Details: Pankaj Saraf v. … Continue reading “Petitioners Who Had Retired from Post of Directors Before the Issuance of Dishonoured Cheque Couldn’t be Held Liable u/s 138 of NI Act | HC”
Eligible Lending Institutions Must Refer to Guidelines Issued by the MSME Ministry for PM Vishwakarma Scheme | RBI
Circular No. RBI/2023-24/61 FIDD.CO.MSME.BC.No.10/06.02.031/2023-24, Dated: … Continue reading “Eligible Lending Institutions Must Refer to Guidelines Issued by the MSME Ministry for PM Vishwakarma Scheme | RBI”
‘Mahalaxmi Cooperative Bank Ltd’ Ceases to be a Co-operative Bank | RBI
Notification No. DoR.MON.No. S2646/09.01.101/2023-24; Dated: … Continue reading “‘Mahalaxmi Cooperative Bank Ltd’ Ceases to be a Co-operative Bank | RBI”
Banks Must Maintain an Extra Daily Average Balance with the RBI in Addition to the Required Daily Balance | RBI
Notification No. DOR.RET.REC.30/12.01.001/2023-24., Dated 10.08.2023 … Continue reading “Banks Must Maintain an Extra Daily Average Balance with the RBI in Addition to the Required Daily Balance | RBI”
RBI Issues Revised Norms for Classification and Valuation of Investment Portfolios by Banks
Circular No. RBI/DOR/2023-24/104 DOR.MRG.36/21.04.141/2023-24, Dated: … Continue reading “RBI Issues Revised Norms for Classification and Valuation of Investment Portfolios by Banks”
CA | CS | CMA
