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Circulars

System-driven disclosures by Depositories of trade data of promoters

December 21, 2016 1090 Views 0 comment Print

It has been decided to depositories shall provide transaction data of promoters/promoter group on a daily basis directly to stock exchanges for dissemination of necessary disclosures.

Cash deposit in excess of Rs. 5000- RBI removes restrictions

December 21, 2016 2887 Views 0 comment Print

RBI has removed following conditions on deposit of cash in demonetised Old Notes of Rs. 500 and Rs. 1000 in bank account, which has been put by its Circular dated 19.12.2016

SEBI Enhances Supervision of Stock Brokers / Depository Participants

December 20, 2016 745 Views 0 comment Print

Please refer to SEBI Circular No. SEBI/HO/MIRSD/MIRSD2/CIR/2016/95 dated September 26, 2016 regarding the captioned subject.

Guidelines for public issue of units of REITs

December 19, 2016 979 Views 0 comment Print

SEBI (Real Estate Investment Trusts) Regulations, 2014 – a) Regulation 14(24) states that The Board may specify by issue of guidelines or circulars any other requirements, as it deems fit, pertaining to issue and allotment of units by a REIT.’

RBI restriction on cash deposit of more than Rs. 5000 in a Bank Account

December 19, 2016 8041 Views 6 comments Print

Tenders of old notes of Rs. 500 and 1000 in excess of ₹ 5000 into a bank account will be received for credit only once during remaining period till December 30, 2016.

No charge on IMPS, UPI & USSD of transaction value upto Rs. 1000

December 16, 2016 1459 Views 0 comment Print

Banks and Prepaid Payment Instrument issuers shall not levy any charges on customers for transactions upto Rs. 1000 settled on IMPS, USSD and UPI systems.

Merchant Discount Rate (MDR) for transactions upto Rs. 2000 reduced

December 16, 2016 1102 Views 0 comment Print

Banks were advised to cap MDR for debit card transactions at not exceeding 0.25% of transaction amount for value upto ₹ 1000 and not exceeding 0.50% of transaction amount for value above above ₹ 1000/- and upto ₹ 2000/-

Limit on foreign citizens to exchange Indian currency to continue till 31.12.2016

December 16, 2016 739 Views 0 comment Print

The restriction imposed on foreign citizens by which they were permitted to exchange foreign exchange for Indian currency notes only up to a limit of ₹ 5000/- per week till December 15, 2016, is been extended till 31st December 2016.

Applicability of Principles of Financial Market Infrastructures on Commodity Derivatives Exchanges

December 16, 2016 664 Views 0 comment Print

The PFMIs comprise of 24 principles for Financial Market Infrastructure to provide for effective regulation, supervision and oversight of FMIs.

Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016 – Operational Guidelines

December 16, 2016 2428 Views 1 comment Print

Application for deposit under Pradhan Mantri Garib Kalyan Deposit Scheme shall be made in Form II, indicating amount, full name, PAN, Bank Account details and address of declarant.

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