In view of the difficulties being experienced by exporters in receipt of export proceeds from Sri Lanka and State Bank of India’s credit facility agreement dated March 17, 2022 with the Government of Sri Lanka for sanction of Government of India guaranteed USD 1000 million term loan to the latter for financing purchase of essential goods by Sri Lanka from India, it has been decided that such trade transactions with Sri Lanka, falling under the said arrangement, may be settled in INR outside the ACU mechanism.
Reserve Bank of India RBI/2022-23/52 FIDD.MSME & NFS.BC.No.7/06.02.31/2022-23 May 19, 2022 The Chairman/ Managing Director/Chief Executive Officer All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks /All-India Financial Institutions/ All Non-Banking Financial Companies Dear Sir/Madam, New Definition of Micro, […]
The revised format for security cover is enclosed at Annexure I. Further, the obligations of listed entity and Debenture Trustee with respect to preparation and submission of security
It was represented that there should be a minimum gap of three working days considering two days for settlement and one additional day for investor to make application in Rights Issue.
In order to bring more clarity on the presentation of reverse repo on the balance sheet, it has now been decided as under: All type of reverse repos with the Reserve Bank including those under Liquidity Adjustment Facility shall be presented under sub-item (ii) ‘In Other Accounts’ of item (II) ‘Balances with Reserve Bank of India’ under Schedule 6 ‘Cash and balances with Reserve Bank of India’.
Pension Fund Regulatory and Development Authority (PFRDA) hereby reconstitutes Pension Advisory Committee constituted earlier vide Gazette Notification dated 16th September, 2020 with effect from 19th May, 2022. PENSION FUND REGULATORY AND DEVELOPMENT AUTHORITY NOTIFICATION New Delhi, the 19th May, 2022 F. No. PFRDA/17/RES/25.—In exercise of the powers conferred by sub-section (1) of section 45 of […]
Fee structure applicable to all applicants seeking registration as Fund Management Entity as provided under regulation 3 and 12 of IFSCA (Fund Management) Regulations, 2022
As per provisions under Section 101B of Insurance Act, 1938; IRDAI reconstitutes Reinsurance Advisory Committee (RAC) with the Chairman and Members
