FEMA & Banking

Blog, News, FEMA & Banking

October 22, 2022

SGBs 2017–18 (Series IV) can be redeemed prematurely at Rs. 5028 per unit: RBI

Press Release: 2022-2023/1077, dated: 20.10.2022 … Continue reading “SGBs 2017–18 (Series IV) can be redeemed prematurely at Rs. 5028 per unit: RBI”

News, Blog, FEMA & Banking

October 20, 2022

MSMEs shall continue to avail non-tax benefits for 3 yrs if there is any upward change in investment

Notification No. S.O. 4926(E), Dated, … Continue reading “MSMEs shall continue to avail non-tax benefits for 3 yrs if there is any upward change in investment”

Blog, News, FEMA & Banking

October 19, 2022

SC transfers to Madras HC all WPs challenging the Banking Regulation (Amendment) Act

Case Details: Reserve Bank of … Continue reading “SC transfers to Madras HC all WPs challenging the Banking Regulation (Amendment) Act”

Blog, News, FEMA & Banking

October 17, 2022

SGB 2017–18 (Series III) can be redeemed prematurely at Rs. 5069 per unit: RBI

Press Release: 2022-2023/1047, dated: 14.10.2022 … Continue reading “SGB 2017–18 (Series III) can be redeemed prematurely at Rs. 5069 per unit: RBI”

News, Blog, FEMA & Banking

October 14, 2022

RBI issues consolidated guidelines on unhedged foreign currency exposures

Circular No. RBI/2022-23/131 DOR.MRG.REC.76/00-00-007/2022-23, dated: … Continue reading “RBI issues consolidated guidelines on unhedged foreign currency exposures”

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October 14, 2022

RBI mandates disclosures of details of divergence in asset classification & provisioning for Primary UCBs

Circular No. RBI/2022-23/130 DOR.ACC.REC.No.74/21.04.018/2022-23, dated: … Continue reading “RBI mandates disclosures of details of divergence in asset classification & provisioning for Primary UCBs”

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October 14, 2022

Total Assets of all NBFCs in a group to be aggregated for middle layer classification: RBI

Circular No. RBI/2022-23/129 DOR.CRE.REC.No.78/03.10.001/2022-23, Dated: … Continue reading “Total Assets of all NBFCs in a group to be aggregated for middle layer classification: RBI”

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October 14, 2022

RBI allows ARCs to act as resolution applicants under IBC

CIRCULAR No. RBI/2022-23/128 DOR.SIG.FIN.REC.75/26.03.001/2022-23, Dated: … Continue reading “RBI allows ARCs to act as resolution applicants under IBC”

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October 12, 2022

RBI issues prudential regulations and other instructions to be followed by SPDs carrying foreign exchange activities

Circular No. RBI/2022-23/127 DOR.FIN.REC.No.73/03.10.117/2022-23, dated: … Continue reading “RBI issues prudential regulations and other instructions to be followed by SPDs carrying foreign exchange activities”

Blog, News, FEMA & Banking

October 12, 2022

RBI expands scope of Standalone Primary Dealers to offer all foreign exchange market making facilities

Circular No. RBI/2022-23/126 DOR.FIN.REC.No.72/03.10.117/2022-23, dated: … Continue reading “RBI expands scope of Standalone Primary Dealers to offer all foreign exchange market making facilities”