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MSME Loan Interest Subvention extended till 31.03.2021

October 7, 2020 25602 Views 2 comments Print

MSME Loan Interest Subvention scheme validity has been extended till March 31, 2021. Accordingly, fresh or incremental term loan / working capital limit extended by co-operative banks with effect from March 3, 2020 will be eligible for coverage under the scheme.

ICSI: Relaxation to students from undergoing 15 days Class room EDP

October 7, 2020 2298 Views 0 comment Print

Relaxation to the students from undergoing 15 days Class room EDP out of 30 days EDP as mentioned in Regulation 46BB of CS (Amendment) Regulations 2020, if they have completed 15 days Academic Program under Previous training structure.

ICSI Extension of Last date for submitting the training Quarterly report

October 7, 2020 1365 Views 0 comment Print

Institute of Company Secretaries of India ICSI/TRG/2020 07.10.2020 Circular No : 06/2020 Directorate of Training Extension of Last date for submitting the training Quarterly report (2nd and 3rd Quarter) of trainees up to 31.12.2020. This is in continuation to earlier Circular No ICSI/Trg/06/2020 dated 19.06.2020 wherein the last date of submitting the 1st and 2nd […]

Guidelines for CS trainees attending office during Period of Unlock-5

October 7, 2020 507 Views 0 comment Print

This is in continuation to the Circular No. ICSI/TRG/2020 dated 30th March 2020 vide which the CS trainees were allowed to work from home during the lock down period and the outbreak of COVID-19 pandemic. The period was treated as continuity of Practical training since the trainees were instructed to work in accordance with the direction of their trainers.

ICSI: Extension in provision of making e MSOP accessible to eligible students

October 7, 2020 981 Views 0 comment Print

This is in continuation to Circular No ICSI/Trg/06/2020 dated 19.06.2020 wherein the students were provided relaxation by easing the eligibility in the provision of e MSOP upto 30th September 2020.

SEBI guideline on Issuance, listing & trading of PNCPS & IPDIs/PDIs

October 6, 2020 1860 Views 0 comment Print

Issuance, listing and trading of Perpetual Non-Cumulative Preference  Shares (PNCPS) and Innovative Perpetual Debt Instruments (IPDIs)/ Perpetual Debt Instruments (PDIs) (commonly referred to as Additional  Tier 1 (AT 1) instruments)

Product Labeling in Mutual Fund schemes – Risk-o-meter

October 5, 2020 2961 Views 0 comment Print

Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/DF3/CIR/P/2020/197  October 05, 2020 All Mutual Funds/ Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir/ Madam, Subject: Product Labeling in Mutual Fund schemes – Risk-o-meter 1. Please refer to SEBI circular no. CIR/IMD/DF/5/2013 dated March 18, 2013 […]

Review of Dividend option(s) / Plan(s) in case of Mutual Fund Schemes

October 5, 2020 1377 Views 0 comment Print

There is a need to clearly communicate to the investor that, under dividend option of a Mutual Fund Scheme, certain portion of his capital (Equalization Reserve) can be distributed as dividend.

Standardization of timeline for listing of securities issued on a private  placement basis under

October 5, 2020 2091 Views 0 comment Print

SEBI has been receiving requests from various market participants for clarification on the time period within which securities issued on private placement basis under SEBI ILDS, SEBI NCPRS, SEBI SDI and SEBI ILDM Regulations need to be listed after completion of allotment.

D-Remit – an additional option to contribute to NPS

October 1, 2020 13182 Views 2 comments Print

Direct Remittance or D-Remit – an additional option to contribute – is now available for the Subscribers. D-Remit is an electronic system through which money can be transferred from Subscriber’s Bank account to the Trustee Bank directly. To use D-Remit, Subscriber is required to have a Virtual ID (Virtual Account). The introduction of the D-Remit […]

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