Fema / RBI : Discover RBI's stringent guidelines on digital lending post-COVID. Learn key regulations for banks and NBFCs, ensuring fair practi...
Fema / RBI : Gain insight into the RBI circular clarifying overseas investment rules for resident individuals and listed Indian companies, incl...
Fema / RBI : Explore RBI's forward-looking surveys on consumer confidence, inflation expectations, and economic forecasts. Understand their imp...
Fema / RBI : Learn how to compute Adjusted Net Bank Credit (ANBC) for Priority Sector Lending (PSL) targets, including adjustments for PSLC, TL...
Fema / RBI : Explore the evolution of the Deposit Insurance and Credit Guarantee Corporation (DICGC) and its impact on safeguarding deposits in...
Fema / RBI : Discover RBI's third global hackathon, 'HaRBInger 2024 - Innovation for Transformation,' aimed at enhancing India's financial land...
Fema / RBI : The ability for cardholders to determine their billing cycle signifies that credit cards are not merely tools for cashless transac...
Fema / RBI : Explore FAQs on Credit Card Issuance, Activation, Usage, and Complaints. Understand rules, rights, and procedures in the Master Di...
Fema / RBI : Discover exponential growth of UPI transactions in India, from Rs. 1 lakh crore in FY 2017-18 to Rs. 139 lakh crore in FY 2022-23....
Corporate Law : Reserve Bank of India (RBI) has released a comprehensive report by the Inter-Departmental Group (IDG) on the internationalisation...
Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...
Corporate Law : Unraveling the NCLAT Chennai verdict in the GVK Energy Vs Axis Bank case, underscoring the supremacy of IBC over RBI's directions ...
Company Law : Reserve Bank of India Vs Srei Infrastructure Finance Limited (NCLT Kolkata) 1. The Court convened via video conferencing. 2. This ...
Fema / RBI : Supreme Court mandates strict procedures for bank lockers. Ensure compliance, notify changes, maintain records. Judgment details i...
Fema / RBI : In re Cognizance for Extension of Limitation (Supreme Court) With reference to the prayer, that the period of validity of a cheque...
Fema / RBI : fter a detailed assessment of the evolving macroeconomic and financial developments and the outlook, it decided by a 4 to 2 majori...
Fema / RBI : RBI unveils the definitive framework for recognizing Self-Regulatory Organizations (SROs) in the FinTech sector, aiming for balanc...
Fema / RBI : Discover the RBI's new PRAVAAH portal, streamlining regulatory approvals. Apply online seamlessly with key features. Track your ap...
Income Tax : The Ministry of Finance exempts RBI from Section 206CCA of Income Tax Act, 1961 through Notification No. 46/2024 dated 27th May, 2...
Fema / RBI : RBI's internal review leads to withdrawal of outdated circulars from 1995 to 2006. Learn the details, implications, and analysis o...
RBI Governor Shaktikanta Das addressed a press briefing today. This was his second briefing since the COVID-19 outbreak. In his previous address on March 27, Das announced several relief measures approved by its Monetary Policy Committee (MPC) to counter the economic slowdown. RBI Governor thanked Corona Warriors forefront of the battle against COVID-19 and discussed […]
Governor’s Statement, April 17, 2020 Today, humanity faces perhaps the trial of its time as COVID-19 grips the world in its deadly embrace. Everywhere, as also in India, the mission is to do whatever it takes to prevent epidemiological curve from steepening any further. Human spirit is ignited by the resolve to overcome the pandemic. […]
(Updated as on April 14, 2020) 1. What is RBI’s role with regard to conduct of Government’s banking transaction? In terms of Section 20 of the RBI Act 1934, RBI has the obligation to undertake the receipts and payments of the Central Government and to carry out the exchange, remittance and other banking operations, including […]
The process of credit creation by commercial banks and how the RBI regulates this credit flow This article is not from accounting, direct or indirect tax perspective. This deal with a general topic about how the credit is created by commercial banks in the economy and how the RBI monitors this credit creation. Let us […]
Frequently Asked Questions : RBI Allowed Banks to Declare Moratorium on Term Loans Last week, the Reserve Bank of India has allowed Banks to declare a three-month moratorium on all term loans outstanding as on March 1, 2020, as well as on working capital facilities. The Indian Banks Association has answered a list of Frequently […]
PREFACE The G-Secs market has witnessed significant changes during the past decade. Introduction of an electronic screen-based trading system, dematerialized holding, straight through processing, establishment of the Clearing Corporation of India Ltd. (CCIL) as the Central Counter Party (CCP) for guaranteed settlement, new instruments, and changes in the legal environment are some of the major […]
Indian banking system was on fire owing to Non-performing assets and the onset of COVID 2019 would perhaps turn it into a fireball impact on the vulnerable financial services sector in India. It may become increasingly difficult for the RBI to regulate and provide emergency administrative action if large number of vulnerable banks in India go down the hill considering corporate governance failures in our country.
Scheme of reconstruction of Yes Bank Ltd: some suggestions on the draft scheme. Executive Summary: I have carefully gone through the scheme of merger and as hardcore banker, I feel RBI may look at Sec 19(2) of Banking Regulation Act which cover aspects like applicability of SEBI take-over code and Pricing of the shares of […]
Government introduces Banking Regulation (Amendment) Bill, 2020 in Lok Sabha to bring the co-operative banks on par with the developments in the banking sector through better management and proper regulation of co-operative banks with a view to ensure that the affairs of the co-operative banks are conducted in a manner that protects the interests of […]
What is an FLA Return As per Foreign Exchange Management (Transfer or Issue of Security by a Person Resident Outside India) Regulations, 2017, an Annual Return on Foreign Liabilities and Assets (FLA) is required to be filed by Indian company which has received FDI or made ODI abroad or an LLP which has received investment […]
