RBI reduces the net-worth requirement for non-bank BBPOUs to Rs 25 crore
Circular no. RBI/2022-2023/58 CO.DPSS.POLC.No. S-253/02-27-020/2022-23, … Continue reading “RBI reduces the net-worth requirement for non-bank BBPOUs to Rs 25 crore”
FEMA & Banking
Government amends composition of the fund governing council
Notification no. G.S.R. 389(E), Dated: … Continue reading “Government amends composition of the fund governing council”
Govt. notifies certain courses related to Financial Management by foreign universities as ‘financial service’ under IFSC
Notification No. S.O. 2374(E), Dated: … Continue reading “Govt. notifies certain courses related to Financial Management by foreign universities as ‘financial service’ under IFSC”
RBI committee reviews customer service standards in RBI regulated entities
Press Release: 2022-2023/251, Dated: 23.05.2022 … Continue reading “RBI committee reviews customer service standards in RBI regulated entities”
Homebuyers in metros can take loan up to Rs.10 lakh for repairs: RBI
Circular no. RBI/2022-23/56 DOR.CRE.REC.18/09.22.010/2022-23, Dated: … Continue reading “Homebuyers in metros can take loan up to Rs.10 lakh for repairs: RBI”
RBI hikes CRR by 50 bps, directs banks to maintain an average CRR of 4.5%
Notification No. DOR.RET.REC.34/12.01.001/2022-23.— Dated 04.05.2022 … Continue reading “RBI hikes CRR by 50 bps, directs banks to maintain an average CRR of 4.5%”
RBI directs banks to report reverse repo transactions under ‘Cash & Balance with RBI’
Circular no. RBI/2022-23/55 DOR.ACC.REC.No.37/21.04.018/2022-23, Dated: … Continue reading “RBI directs banks to report reverse repo transactions under ‘Cash & Balance with RBI’”
CA | CS | CMA
