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Archive: 03 April 2023

Posts in 03 April 2023

Master Direction: Detection & Impounding of Counterfeit Notes

April 3, 2023 23009 Views 0 comment Print

Banknotes tendered over the counter shall be examined for authenticity through machines. Similarly, banknotes received directly at the back office / currency chest through bulk tenders shall also be examined through machines.

RBI Master Direction – Facility for Exchange of Notes and Coins

April 3, 2023 22494 Views 0 comment Print

All branches of banks in all parts of the country are mandated to provide following customer services, more actively and vigorously to the members of public so that there is no need for them to approach RBI Regional Offices

Company Secretaries (Amendment) Regulations, 2023

April 3, 2023 3540 Views 0 comment Print

Council shall hold at least four meetings in each Calendar Year with a maximum interval of one hundred and twenty days between any two consecutive meetings at such time and place (including electronic mode) as the Council may determine:

Amendment to Notification 40/2015 – Customs dated 21.07.2015

April 3, 2023 933 Views 0 comment Print

Amendment to Notification 40/2015 – Customs dated 21.07.2015 vide Notification No. 29/2023 – Customs Dated: 03rd April, 2023 GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 29/2023 – Customs Dated: 03rd April, 2023 G.S.R. 265(E).- In exercise of the powers conferred by sub-section (1) of section […]

RBI Master Circular – Lead Bank Scheme (LBS)

April 3, 2023 4995 Views 0 comment Print

Block Level Bankers’ Committee (BLBC) is a forum under Lead Bank Scheme for achieving coordination between credit institutions and field level development agencies at the block level.

Govt reduces SAED on Diesel to Rs. 0.50 per litre wef 04.04.2023

April 3, 2023 837 Views 0 comment Print

Govt reduces Special Additional Excise Duty (SAED) on Diesel from Rs. 1.00 per litre to Rs. 0.50 per litre w.e.f. 04th day of April, 2023 Vide Notification No. 17/2023-Central Excise Dated: 3rd April, 2023. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 17/2023-Central Excise | Dated: 3rd April, 2023 G.S.R. 268(E).— In exercise of […]

Govt reduces SAED on production of Petroleum Crude to Nil

April 3, 2023 573 Views 0 comment Print

Govt reduces Special Additional Excise Duty (SAED) on production of Petroleum Crude from Rs. 3,500 per tonne to Rs. Nil per tonne w.e.f. 4th day of April, 2023 Vide Notification No. 16/2023-Central Excise Dated:3rd April, 2023. MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 16/2023-Central Excise | Dated: 3rd April, 2023 G.S.R. 267(E).—In […]

Consolidated Master Circular on Housing Finance

April 3, 2023 3901 Views 0 comment Print

RBI Master Circular on Housing Finance consolidates instructions on Housing Finance issued up to March 31, 2023 to Scheduled Commercial Banks (excluding RRBs)

Date extended for Track & Trace system for export of drug formulations

April 3, 2023 966 Views 0 comment Print

The date for implementation of Track and Trace system for export of drug formulations with respect to maintaining the Parent-Child relationship in packaging levels and its uploading on Central Portal has been extended up to 01.08.2023 for both SSI and non SSI manufactured drugs. Government of India Ministry of Commerce and Industry Department of Commerce […]

RBI Master Circular – Bank Finance to Non-Banking Financial Companies (NBFCs)

April 3, 2023 14785 Views 0 comment Print

He ceiling on bank credit linked to Net Owned Fund (NOF) of NBFCs has been withdrawn in respect of all NBFCs which are statutorily registered with RBI and are engaged in principal business of asset financing, loan, factoring and investment activities. Accordingly, banks may extend need based working capital facilities as well as term loans to all NBFCs registered with RBI and engaged in infrastructure financing, equipment leasing, hire- purchase, loan, factoring and investment activities.

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