RBI discontinues the Master Circular on Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) and related bank reporting, effective October 1, 2024, following the scheme’s conclusion.
IFSC Banking Units (IBUs) can participate in international payment systems. New guidelines clarify authorization requirements for transactions affecting domestic operations.
New instructions clarify that Customs field formations will handle the disposal of Red Sanders seized by DRI, streamlining the process and ensuring adherence to export guidelines.
The IFSCA outlines a new framework enabling Venture Capital and Restricted Schemes in IFSCs to co-invest via Special Purpose Vehicles (SPVs), allowing for leverage. This offers a structured approach for fund managers.
IBBI revises CIRP form submission rules for insolvency professionals, with timelines, electronic filing, penalties, and compliance actions effective June 2025.
IBBI amends rules for insolvency process of personal guarantors to corporate debtors; new regulation on non-submission of repayment plans added.
RBI announces the official name change of “North East Small Finance Bank Limited” to “slice Small Finance Bank Limited” as of May 14, 2025.
SEBI warns investors about stock market scams on social media. Unsolicited invitations, fake profiles, and false promises of returns are used to deceive. Verify SEBI registered intermediaries before investing.
Learn about the new customs notification assigning de-novo adjudication of duty demands for 100% Export Oriented Undertakings (EOU) to specific customs officers based on the duty amount.
Rule 8 of SCRR, 1957 amended to clarify treatment of broker investments, aiming to ease regulatory compliance and support capital market activity.
