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IBBI Disposes Appeals: RTI Act Limits to Existing Information Only

April 11, 2025 528 Views 0 comment Print

IBBI’s First Appellate Authority disposes of RTI appeals concerning information on actions against a Resolution Professional and CoC details.

IFSCA (KYC Registration Agency) Regulations, 2025

April 11, 2025 1965 Views 0 comment Print

IFSCA releases regulations for KYC Registration Agencies in IFSC, outlining registration, operational, and compliance requirements for these entities.

LLP Audit Standards Draft Released by ICAI

April 11, 2025 5175 Views 0 comment Print

ICAI’s AASB issues Exposure Draft of Auditing Standards for LLPs. Review the changes and provide feedback by May 1, 2025.

Draft Reserve Bank of India (Lending Against Gold Collateral) Directions, 2025

April 10, 2025 2424 Views 0 comment Print

RBI proposes unified guidelines for lending against gold jewellery and ornaments across banks, co-operatives, and NBFCs, focusing on conduct and risk.

Draft Reserve Bank of India (Non-Fund Based Credit Facilities) Directions, 2025

April 10, 2025 1698 Views 0 comment Print

RBI proposes comprehensive directions for non-fund based credit like guarantees and LCs across banks, co-operatives, NBFCs, focusing on appraisal and risk.

SEBI Clarifies Regulatory framework for Specialized Investment Funds

April 9, 2025 2844 Views 0 comment Print

SEBI provides clarifications on Specialized Investment Funds (SIF) rules regarding interval scheme maturity and minimum investment threshold (now ₹10 lakh aggregate).

RBI Revises Bank Rate & Penal Interest Rates on shortfalls in reserve requirements

April 9, 2025 1638 Views 0 comment Print

RBI reduces Bank Rate to 6.25%. Penal interest on CRR and SLR shortfalls adjusted accordingly. Effective from April 9, 2025.

IRDAI Warns Heritage TPA for Claim Handling Issues

April 9, 2025 1293 Views 0 comment Print

IRDAI warns Heritage Health Insurance TPA for closing claims and issuing repudiations directly, violating regulations. Action report due in 90 days.

Under RTI CPIO Not Bound to Provide Opinions on criminal activities: IBBI

April 9, 2025 663 Views 0 comment Print

IBBI’s First Appellate Authority dismisses Ravinder Aggarwal’s RTI appeal seeking details on MSA Developers’ resolution plan implementation.

JNCH Rescinds Notice on Bangladesh Export Transshipment

April 9, 2025 738 Views 0 comment Print

JNCH withdraws Public Notice 101/2024 regarding Bangladesh export cargo transshipment via Nhava Sheva, effective immediately.

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