Every Central Government pensioner has to submit Annual Life Certificate in the month of November for further continuation of pension. It has been observed that a large number of Central Government pensioners physically visit bank branches for this purpose.
RBI on September 30, 2022 increases policy Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 5.40 per cent to 5.90 per cent and Bank Rate is revised upwards by 50 basis points from 5.65 per cent to 6.15 per cent with immediate effect. Consequent to above standing deposit facility (SDF) rate […]
Late Submission Fee (LSF) for reporting delays in Foreign Investment (FI), External Commercial Borrowings (ECBs) and Overseas Investment related transactions
Portfolio Managers shall constitute a dealing team (DT) which shall be responsible for order placement and execution of all orders in accordance with the aforesaid policies of the Portfolio Manager. DT may include the Principal Officer or the person appointed in terms of Regulation 7(2) (e) of PMS Regulations.
Two-Factor Authentication for redemption of Mutual Fund units has been implemented with effect from June 01, 2022 for transactions outside stock exchange platforms and from July 01, 2022 for transactions on stock exchange platforms.
An IPE, recognised by IBBI, can seek registration as an IP with IBBI, by making an application in specified form along with a non-refundable application fee of two lakh rupees
Securities and Exchange Board of India Press Releases No. 29/2022 SEBI Board Meeting The SEBI Board met in Mumbai today and, inter-alia, took the following decisions: I. Introduction of Regulatory Framework to facilitate Online Bond Platform Providers and reduction in the face value of listed privately placed debt securities The Board approved the following proposals: […]
National Small Savings Fund (NSSF) will charge interest at the rate of 7.3% per annum on the loans contracted by Central Government and States/UTs (with Legislature) during the Financial Year 2022-23.
Revision of interest rates for Small Savings Schemes for Q3 of 2022-23 (i.e. from 1st October, 2022 to 31st December, 2022) Interest rates of small saving schemes for the Third quarter of financial year 2022-23 starting from 1st October, 2022 and ending on 31st December, 2022. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi […]
Existing Foreign Trade Policy 2015-2020 which is valid up to 30th September, 2022 is extended upto 31st March, 2023 vide Notification No. 37/2015-2020 | Dated: 29th September, 2022.
