Reserve Bank of India RBI/2019-20/197 FIDD.CO.LBS.BC.No.22/02.01.001/2019-20 March 30, 2020 The Chairmen/ Managing Directors & CEOs SLBC/ UTLBC Convenor Banks and Lead Banks Madam / Dear Sir, Amalgamation of Public Sector Banks – Assignment of SLBC/ UTLBC Convenorship and Lead Bank responsibilities The amalgamations of Oriental Bank of Commerce and United Bank of India with Punjab […]
The limit for FPI investment in corporate bonds is increased to 15% of outstanding stock for FY 2020-21. The revised limits for FPI investment in Central Government securities (G-secs) and State Development Loans (SDLs) for FY 2020-21 will be advised separately. Till such time, the current limits (as in Table – 2), shall continue to be applicable.
(1) These regulations may be called the Insolvency and Bankruptcy Board of India (Model Bye-Laws and Governing Board of Insolvency Professional Agencies) (Amendment) Regulations, 2020. (2) They shall come into force on the 28th March, 2020.
On account of the lockdown/curfew in India due to the COVID-19 pandemic, the Indian agencies authorised, in accordance with Para 2.103 of Handbook of Procedure, 2015-2020, to issue the certificate of origin under India’s free trade agreements (FTAs), comprehensive economic cooperation agreements (CECA), comprehensive economic partnership agreements (CEPA) and preferential trade agreements (PTAs) are temporarily closed and unable to issue the certificate of origin.
Appeal to generously donate to ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)’. This fund will enable micro-donations as a result of which a large number of people will be able to contribute with smallest of denominations.
Insurance Regulatory and Development Authority of India Relaxation of timelines for certain provisions of the IRDAI (Re-insurance) Regulations, 2018 In view of Covid-19 pandemic, Government of India has initiated various measures including enforcement of lock-down in various areas. Similar steps are also initiated by Governments of various countries which could result in disruption in the operations […]
Request For Regularization of Prior & Advance Bills Of Entry through E- Mail Procedure – A Facilitation Measure During outbreak of COVID-19-regarding
Assessment practice and testing guidelines and clearance thereof against valid Test Report of DYCC/designated laboratories for certain categories of importers was laid down for Petroleum products falling under CTH 27101960 (Base Oil) & 27101990 (Other).
Special clearing will be conducted for collection of government cheques on March 31, 2020 for which DPSS, RBI will issue necessary instructions.
Non-deliverable derivative contract (NDDC) means a foreign exchange derivative contract involving the Rupee, entered into with a person not resident in India and which is settled without involving delivery of Rupee.
