Govt. of India approves of India and Sri Lanka trade settlement in Indian rupees
Circular No. RBI/2022-2023/53 A.P. (DIR … Continue reading “Govt. of India approves of India and Sri Lanka trade settlement in Indian rupees”
FEMA & Banking
RBI permits all banks & ATM networks to provide Card-less Cash Withdrawal
Circular no. RBI/2022-23/54 CO.DPSS.POLC.No.S-227/02-10-002/2022-23, Dated: … Continue reading “RBI permits all banks & ATM networks to provide Card-less Cash Withdrawal”
RBI modifies eligibility criteria for farmers engaged in aquaculture
Circular No. RBI/2022-23/51 FIDD.CO.FSD.BC.No.6/05.05.010/2022-23 dated … Continue reading “RBI modifies eligibility criteria for farmers engaged in aquaculture”
RBI allows lending by commercial banks to NBFCs and SFBs to NBFC-MFIs
Circular No. RBI/2022-23/50 FIDD.CO.Plan.BC.No.5/04.09.01/2022-23, Dated: … Continue reading “RBI allows lending by commercial banks to NBFCs and SFBs to NBFC-MFIs”
Kerala/Gujarat Money Lenders Act have no application to NBFCs: SC
Case Details: Nedumpilli Finance Co. … Continue reading “Kerala/Gujarat Money Lenders Act have no application to NBFCs: SC”
Udyog aadhar memorandum validity extended
Notification No. S.O. 2134(E)., Dated … Continue reading “Udyog aadhar memorandum validity extended”
High Court upholds acquittal of a person accused of money laundering
Case Details: Enforcement Officer, Enforcement … Continue reading “High Court upholds acquittal of a person accused of money laundering”
NBFCs having asset size of less than Rs. 100 Crs. can’t commence or carry on business of non-banking services: RBI
NOTIFICATION No. DOR.FIN.REC.95/CGM (JPS)-2022, dated … Continue reading “NBFCs having asset size of less than Rs. 100 Crs. can’t commence or carry on business of non-banking services: RBI”
CA | CS | CMA
