FEMA & Banking

Blog, News, FEMA & Banking

February 11, 2025

RBI to Introduce Exclusive Internet Domain ‘Bank.in’ for Indian Banks to Combat Financial Fraud

Press Release no. 2024-2025/2096, Dated: … Continue reading “RBI to Introduce Exclusive Internet Domain ‘Bank.in’ for Indian Banks to Combat Financial Fraud”

News, Blog, FEMA & Banking

February 11, 2025

RBI Announces Setting Up of a Working Group to Undertake a ‘Comprehensive Review of Trading & Settlement Timings of Markets’

Press Release no. 2024-2025/2097; Dated: … Continue reading “RBI Announces Setting Up of a Working Group to Undertake a ‘Comprehensive Review of Trading & Settlement Timings of Markets’”

Blog, News, FEMA & Banking

January 31, 2025

RBI Files Application for Initiation of CIRP Against ‘Aviom India Housing Finance Pvt. Ltd’ Under IBC on Jan 30, 2025

Press Release: 2024-2025/2038; Dated: 30.01.2025 … Continue reading “RBI Files Application for Initiation of CIRP Against ‘Aviom India Housing Finance Pvt. Ltd’ Under IBC on Jan 30, 2025”

Blog, News, FEMA & Banking

January 31, 2025

RBI Aligns ‘Housing Finance Companies’ Private Placement Norms for NCDs (Maturity >1 Year) With NBFC Guidelines

Circular No.RBI/2024-25/107 DOR.FIN.REC.No.58/03.10.136/2024-25, Dated: 29.01.2025 … Continue reading “RBI Aligns ‘Housing Finance Companies’ Private Placement Norms for NCDs (Maturity >1 Year) With NBFC Guidelines”

Blog, News, FEMA & Banking

January 31, 2025

Director Involved in Day-to-Day Functions With Knowledge of Cheque Issuance Liable u/s 138 & 141 of NI Act, Upon Dishonour

Case Details: Jyoti Siwach vs. … Continue reading “Director Involved in Day-to-Day Functions With Knowledge of Cheque Issuance Liable u/s 138 & 141 of NI Act, Upon Dishonour”

Blog, News, FEMA & Banking

January 25, 2025

Govt. Warns NGOs With Cancelled or Expired FCRA Certificates Against Transactions in FCRA Accounts

Public Notice No. II/21022/58(93)/2024-FCRA(MU); Dated: … Continue reading “Govt. Warns NGOs With Cancelled or Expired FCRA Certificates Against Transactions in FCRA Accounts”

Blog, News, FEMA & Banking

January 25, 2025

Bail Granted to Applicant in Money Laundering Case as He Had Deep Roots in Society and No Risk of Fleeing Away From Country | HC

Case Details: Amit Arora v. … Continue reading “Bail Granted to Applicant in Money Laundering Case as He Had Deep Roots in Society and No Risk of Fleeing Away From Country | HC”

News, Blog, FEMA & Banking

January 22, 2025

ARCs Must Establish a Board-Approved Policy Covering Settlement Eligibility, Sacrifice Limits, & Security Valuation Methods

Circular No. RBI/2024-25/106 DoR.SIG.FIN.REC.56/26.03.001/2024-25; Dated: … Continue reading “ARCs Must Establish a Board-Approved Policy Covering Settlement Eligibility, Sacrifice Limits, & Security Valuation Methods”

Blog, News, FEMA & Banking

January 22, 2025

RBI Releases a List of Upper Layer NBFCs for the Year 2024-25

Press Release no. 2024-2025/1939; Dated: … Continue reading “RBI Releases a List of Upper Layer NBFCs for the Year 2024-25”

Blog, News, FEMA & Banking

January 22, 2025

RBI Directs Banks to Ensure Nominations for Accounts and Lockers

Circular no. RBI/2024-25/104 Ref.No.DoS.CO.PPG/SEC.13/11.01.005/2024-25; Dated: … Continue reading “RBI Directs Banks to Ensure Nominations for Accounts and Lockers”