FEMA & Banking

Blog, News, FEMA & Banking

March 17, 2023

Silicon Valley Bank (SVB) Crisis | 10 Simple Points & Lessons

The sudden catastrophic collapse of … Continue reading “Silicon Valley Bank (SVB) Crisis | 10 Simple Points & Lessons”

Blog, News, FEMA & Banking

March 10, 2023

Government brings crypto assets under the purview of PMLA

Notification No. S.O. 1072(E)., Dated … Continue reading “Government brings crypto assets under the purview of PMLA”

News, Blog, FEMA & Banking

March 10, 2023

Banking Co’s/ FIs to register the details of non-profit organization clients on DARPAN Portal of NITI Aayog

Notification No. S.O. 1074(E)., Dated … Continue reading “Banking Co’s/ FIs to register the details of non-profit organization clients on DARPAN Portal of NITI Aayog”

Blog, News, FEMA & Banking

March 6, 2023

RBI slaps monetary penalty on Amazon Pay for non-compliance with KYC norms

RBI Press Release 2022-2023/1824, dated … Continue reading “RBI slaps monetary penalty on Amazon Pay for non-compliance with KYC norms”

Blog, News, FEMA & Banking

February 28, 2023

Units set up in IFSC to undertake aircraft leasing activity don’t need a separate office

Notification No. G.S.R. 125(E), Dated … Continue reading “Units set up in IFSC to undertake aircraft leasing activity don’t need a separate office”

Blog, News, FEMA & Banking

February 24, 2023

UPI and PayNow are now linked to enable fund transfers between India & Singapore

Press Release: 2022-2023/1762, Dated 21.02.2023 … Continue reading “UPI and PayNow are now linked to enable fund transfers between India & Singapore”

News, Blog, FEMA & Banking

February 23, 2023

RBI allows UPI facility at 3 airports for in-bound travellers from G-20 Nations

Press Release no. 2022-2023/1765, dated … Continue reading “RBI allows UPI facility at 3 airports for in-bound travellers from G-20 Nations”

Blog, News, FEMA & Banking

February 22, 2023

MHA amends the list of punishable offences under FCRA that can be compounded

Notification No. S.O. 778(E)., dated: … Continue reading “MHA amends the list of punishable offences under FCRA that can be compounded”

Blog, News, FEMA & Banking

February 22, 2023

RBI’s Financials Presentation & Disclosures Directions apply to Central/State Co-op Banks

Circular no. RBI/2022-23/181 DOR.ACC.REC.No.103/21.04.018/2022-23, dated … Continue reading “RBI’s Financials Presentation & Disclosures Directions apply to Central/State Co-op Banks”

Blog, News, FEMA & Banking

February 18, 2023

RBI introduces changes in NEFT/RTGS system

Circular No. RBI/2022-23/178 CO.DPSS.RPPD.No.S1931/04-03-001/2022-23, dated: … Continue reading “RBI introduces changes in NEFT/RTGS system”