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Archive: 08 April 2022

Posts in 08 April 2022

PMLA: Govt permits 38 reporting entities to perform Aadhaar authentication

April 8, 2022 3609 Views 0 comment Print

Central Government after consultation with IDAI & RBI permits 38 reporting entities to perform authentication under the Aadhaar Act for the purposes of section 11A of the Money-laundering Act. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. S.O. 1702(E). | Dated: 8th April, 2022 S.O. 1702(E).—In exercise of the powers conferred by sub-section […]

Competition Commission of India (General) Amendment Regulations, 2022

April 8, 2022 3309 Views 0 comment Print

The Commission shall maintain confidentiality of the identity of an Informant on a request made to it in writing: Provided that where it is necessary or expedient to disclose the identity of the Informant for the purposes of the Act, the Commission may do so after providing a reasonable opportunity to the Informant, to represent its case before the Commission.

IBBI Discussion Paper on Enhancing effectiveness of Information Utility

April 8, 2022 579 Views 0 comment Print

IBBI Discussion Paper on Enhancing effectiveness of Information Utility seeks to address the issue of delay in admission of application for initiation of corporate insolvency and resolution process (CIRP).

Learning Skills? Wait…Choosing A Right Time Is More Important

April 8, 2022 1368 Views 0 comment Print

The 2020 lockdown was the greatest teacher in our lives. That time gave us the opportunity to explore more and more about our day to day lives, relationships, goals and aspirations. You might have observed that during lockdown, we suddenly got surrounded by ‘n’ number of learning platforms that were giving free certifications and I’m […]

RBI enhances existing HTM limit of NDTL to 23 per cent of NDTL

April 8, 2022 2046 Views 0 comment Print

On a review, it has now been decided to further enhance the existing HTM limit of 22 per cent of NDTL to 23 per cent of NDTL and allow banks to include securities acquired between April 1, 2022 and March 31, 2023 under the enhanced limit of 23 per cent.

SEBI Constitutes Working Groups to review Role & Eligibility of a Sponsor of a Mutual Fund

April 8, 2022 555 Views 0 comment Print

Constitution of Working Group to review the Role and Eligibility of a Sponsor of a Mutual Fund to facilitate growth and innovation in the industry

SOP for dispute resolution under stock exchange arbitration mechanism

April 8, 2022 642 Views 0 comment Print

Standard Operating Procedures (SOP) for dispute resolution available under the stock exchange arbitration mechanism for disputes between a listed company and its shareholder(s)/investor(s)

SEBI clarifies validity period of shareholders’ approval of omnibus RPTs

April 8, 2022 2235 Views 0 comment Print

In order to facilitate listed entities to align their processes to conduct AGMs and obtain omnibus shareholders’ approval for material RPTs, it has been decided to specify that the shareholders’ approval of omnibus RPTs approved in an AGM shall be valid upto the date of the next AGM for a period not exceeding fifteen months.

Balances held by banks with RBI under SDF shall not be eligible for CRR maintenance

April 8, 2022 2472 Views 0 comment Print

It is decided that the balances held by banks with the RBI under the SDF shall be an eligible Statutory Liquidity Ratio (SLR) asset and such balances shall form part of ‘Cash’ for SLR maintenance. Banks shall report the SDF balances under ‘Cash in hand’ in Form VIII or Form I, as applicable.

Individual Housing Loans – Rationalisation of Risk Weights till 31.03.2023

April 8, 2022 933 Views 0 comment Print

Rationalization of risk weights on Individual Housing Loans in terms of which risk weights were rationalised irrespective of the amount, for all new housing loans sanctioned from October 16, 2020 and up to March 31, 2022. On review, it has been decided to continue with the risk weights contained in circular DOR.No.BP.BC.24/08.12.015/2020-21 dated October 16, […]

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