Explains SEBI’s decision to postpone Phase III of the revamped nomination framework. Key takeaway: implementation is deferred due to system and operational challenges.
RBI’s Amendment Directions, 2025 strengthen credit discipline and monitoring for cash credit, current, and overdraft accounts. Key takeaway: banks must manage accounts based on borrower exposure to mitigate credit risk.
The Directions mandate stronger Board oversight, compulsory leave policies, and robust business continuity planning to improve governance and risk management.
The new provisions treat buyback proceeds as deemed dividend taxable in shareholders’ hands. This marks a clear shift of tax liability from companies to investors.
Outlines the new authorisation framework requiring eligibility checks, cybersecurity compliance, and RBI approval for transactional services. Key takeaway: banks must meet strict technical and regulatory standards before offering digital channels.
The Directions mandate stronger Board oversight, risk evaluation, and accountability to prevent governance and customer data failures in outsourced banking functions.
Explore how Indias new labour codes consolidate 29 laws to provide better wages, social security, and workplace safety.
RBI amends FEMA regulations to allow exporters 15 months, up from nine, for repatriating export proceeds, providing greater flexibility in compliance with foreign exchange rules.
Clarifies rules on footwear labeling, retail price declaration, and verification of weighing instruments under the Legal Metrology Act, 2009.
The DRI seized 11.88 kg of gold and arrested 11 people in a coordinated crackdown on a sophisticated gold-smuggling and melting operation.
