Fema / RBI : RBI plans to ease registration norms for low-risk NBFCs to reduce compliance burden. The move aims to encourage innovation while m...
CA, CS, CMA : CBDT corrected multiple ITR forms to fix structural and computational errors. The update ensures accurate tax reporting and reduce...
Fema / RBI : The issue concerns liability in unauthorised digital transactions. The ruling insight highlights that absence of a clear definitio...
Fema / RBI : The RBI maintained key policy rates unchanged, signaling confidence in economic stability and controlled inflation. The decision r...
CA, CS, CMA : The latest amendments aim to simplify compliance and promote investment while reducing penalties. The update signals a major shift...
Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...
Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...
Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...
Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...
Fema / RBI : The Reserve Bank of India has proposed a clear 5% IFR requirement for rural co-operative banks’ current investments. This change...
Fema / RBI : The court held that failure to apply Clause 3(d) of the RBI Master Circular invalidated the wilful defaulter declaration. Non-Exec...
Corporate Law : The court held that Ombudsman’s finding of customer negligence was unsustainable and directed bank to refund disputed amount. Th...
Corporate Law : Court ruled that protections under the RBI Circular apply only to third-party breaches and cannot be invoked to recast personal tr...
Fema / RBI : Rajasthan High Court stays a ₹7 crore deposit for Tijaria Polypipes' OTS, directing Bank of India to comply with RBI circulars a...
Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...
Fema / RBI : The update prohibits most INR derivative contracts with related entities. Only specific transactions such as cancellations and non...
Fema / RBI : The issue involved restrictive branch approval requirements for NBFCs. RBI removed prior approval norms, allowing easier expansion...
Fema / RBI : The RBI proposes replacing the existing dual methodology with a single asset-based criterion for identifying NBFC-UL entities. The...
Fema / RBI : The discussion paper addresses increasing APP frauds and proposes preventive safeguards like transaction delays and authentication...
Fema / RBI : The issue was fragmented regulations on NRI debt investments. RBI consolidated and updated directions to streamline compliance und...
BCAS submits comments on RBI’s draft External Commercial Borrowings (ECB) regulations, seeking clarity on eligibility, KYC norms, borrowing limits, pricing, and reporting requirements.
The LEI is a unique 20-character code mandated by RBI/SEBI/IRDAI for non-individuals engaging in large financial transactions, derivatives, and borrowing over Rs.5 Cr. Learn the application process.
RBI’s 2025 Directions mandate banks to offer nomination for deposits/lockers, aligning with new laws. Customers must be informed; non-nomination requires a declaration.
RBI drafts amendments to NBFC Scale Based Regulation, introducing ‘High-quality infrastructure projects’ and tiered risk weights of 50% or 75% based on repayment history.
RBI releases draft rules for Small Finance Banks’ Capital Market Exposure, capping aggregate CME at 40% of Tier 1 Capital and setting new LTV limits for various securities.
RBI proposes draft directions consolidating rules on commercial banks capital market exposures CME, setting prudential ceilings (e.g., 40/% of Tier 1 Capital) and specific lending restrictions.
NBFC-MFI shifts to NBFC-ICC to diversify loans, including secured and unsecured credit. RBI norms, NOF ₹10 crore, and compliance guide the transition.
Ministry of Finance has issued new rules enabling bank account holders to nominate up to four individuals, either successively or simultaneously, for deposits, lockers, and safe custody articles effective from November 1, 2025.
The PSS Act 2007 governs payment systems in India, designating the RBI as the regulator. It mandates authorization, legalizes netting/settlement finality, and criminalizes e-fund transfer dishonor.
RBI circular on UAPA Section 51A requires Regulated Entities (REs) to update records based on the UNSC’s amended ISIL/Al-Qaida Sanctions List for compliance.
