FEMA & Banking

Blog, News, FEMA & Banking

November 8, 2022

Opportunity of being heard must be given to petitioner before removing name from Bank’s Panel Advocates list: HC

Case Details: Rajan Shrivallabha Deshpande … Continue reading “Opportunity of being heard must be given to petitioner before removing name from Bank’s Panel Advocates list: HC”

Blog, News, FEMA & Banking

November 4, 2022

Cross-examination couldn’t be allowed when questions had no connection with the case

Case Details: Kanwal Nain Singh … Continue reading “Cross-examination couldn’t be allowed when questions had no connection with the case”

Blog, News, FEMA & Banking

November 3, 2022

RBI revises eligibility criteria to seek approval for offering internet banking with transactional facility by RRBs

Circular no. RBI/2022-23/135 DoR.AUT.REC.81/24.01.001/2022-23, Dated … Continue reading “RBI revises eligibility criteria to seek approval for offering internet banking with transactional facility by RRBs”

News, Blog, FEMA & Banking

November 3, 2022

IFSCA issues Anti–Money Laundering, Counter-Terrorist Financing and KYC guidelines for Regulated Entities

Notification No. IFSCA/2022-23/GN/GL001, Dated 28.10.2022 … Continue reading “IFSCA issues Anti–Money Laundering, Counter-Terrorist Financing and KYC guidelines for Regulated Entities”

Blog, News, FEMA & Banking

November 2, 2022

RBI releases data about Sectoral Deployment of Bank Credit for the month of September 2022

Press Release: 2022-2023/1117, Dated 31.10.2022 … Continue reading “RBI releases data about Sectoral Deployment of Bank Credit for the month of September 2022”

Blog, News, FEMA & Banking

November 2, 2022

RBI launches first pilot of Digital Rupee in the Wholesale segment

Press Release: 2022-2023/1118, Dated 31.10.2022 … Continue reading “RBI launches first pilot of Digital Rupee in the Wholesale segment”

Blog, News, FEMA & Banking

November 2, 2022

RBI notifies lending and deposit rates of Scheduled Commercial Banks for the month of October

Press Release: 2022-2023/1119, Dated 31.10.2022 … Continue reading “RBI notifies lending and deposit rates of Scheduled Commercial Banks for the month of October”

Blog, News, FEMA & Banking

October 31, 2022

SGBs 2017–18 (Series V) can be redeemed prematurely at Rs. 5058 per unit: RBI

Press Release: 2022-2023/1107, dated: 28.10.2022 … Continue reading “SGBs 2017–18 (Series V) can be redeemed prematurely at Rs. 5058 per unit: RBI”

Blog, News, FEMA & Banking

October 29, 2022

Appellant who was already acquitted of scheduled offense can’t be prosecuted under Money Laundering Act: SC

Case Details: PARVATHI KOLLUR v. … Continue reading “Appellant who was already acquitted of scheduled offense can’t be prosecuted under Money Laundering Act: SC”

News, Blog, FEMA & Banking

October 22, 2022

RBI notifies Draft Master Direction on Information Technology, Governance, Risk, Controls and Assurance Practices

Press Release no. 2022-2023/1072, dated: … Continue reading “RBI notifies Draft Master Direction on Information Technology, Governance, Risk, Controls and Assurance Practices”