The amendment introduces a detailed framework for managing CC, current, and OD accounts, strengthening credit monitoring and fund-flow discipline.
The PFRDA issues an updated master circular superseding prior guidelines, clarifying investment norms for UPS/NPS/APY schemes and ensuring regulatory compliance.
SEBI, through Circular No. HO/38/30/12(1)2025-MIRSD-SEC-FATF dated December 10, 2025, has introduced a significant relaxation in the KYC process for Non-Resident Indians (NRIs). Recognizing stakeholder concerns over accessibility, SEBI has modified the Master Circular on KYC dated October 12, 2023, to ease the re-KYC process for existing NRI clients. Specifically, the requirement for clients to be […]
DGFT clarifies procedures for claiming deemed export benefits, streamlines online filing, and defines jurisdiction for RAs/EOUs under the updated Handbook of Procedures 2023.
The RBI repeals November 2025 guidelines on Urban Co-operative Bank licensing, scheduling, and classification, ensuring prior approvals and actions remain valid under the new framework.
The RBI amends rules requiring banks to monitor exposure to large borrowers and specific sectors. The change strengthens risk management practices and enhances systemic stability.
ROC Vijayawada imposed a penalty on the statutory auditor for not qualifying the report on uncharged depreciation, highlighting accountability under Section 143(3) of the Companies Act.
The ROC held that misstating the number of board meetings violates Section 134(3)(b), leading to penalties on the company and directors even when the error is clerical.
This order highlights penalties for failing to keep private placement application money in a separate bank account. It clarifies that both the company and directors are collectively liable under Section 42(10).
Authority held that information sought had already been addressed in a prior appellate order and advised applicant to pursue appropriate remedies. key takeaway is that RTI appeals cannot reopen matters already adjudicated.
