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Notifications/Circulars

SEBI Constitutes Working Groups to review Role & Eligibility of a Sponsor of a Mutual Fund

April 8, 2022 843 Views 0 comment Print

Constitution of Working Group to review the Role and Eligibility of a Sponsor of a Mutual Fund to facilitate growth and innovation in the industry

SOP for dispute resolution under stock exchange arbitration mechanism

April 8, 2022 960 Views 0 comment Print

Standard Operating Procedures (SOP) for dispute resolution available under the stock exchange arbitration mechanism for disputes between a listed company and its shareholder(s)/investor(s)

SEBI clarifies validity period of shareholders’ approval of omnibus RPTs

April 8, 2022 3468 Views 0 comment Print

In order to facilitate listed entities to align their processes to conduct AGMs and obtain omnibus shareholders’ approval for material RPTs, it has been decided to specify that the shareholders’ approval of omnibus RPTs approved in an AGM shall be valid upto the date of the next AGM for a period not exceeding fifteen months.

Balances held by banks with RBI under SDF shall not be eligible for CRR maintenance

April 8, 2022 3030 Views 0 comment Print

It is decided that the balances held by banks with the RBI under the SDF shall be an eligible Statutory Liquidity Ratio (SLR) asset and such balances shall form part of ‘Cash’ for SLR maintenance. Banks shall report the SDF balances under ‘Cash in hand’ in Form VIII or Form I, as applicable.

Individual Housing Loans – Rationalisation of Risk Weights till 31.03.2023

April 8, 2022 1161 Views 0 comment Print

Rationalization of risk weights on Individual Housing Loans in terms of which risk weights were rationalised irrespective of the amount, for all new housing loans sanctioned from October 16, 2020 and up to March 31, 2022. On review, it has been decided to continue with the risk weights contained in circular DOR.No.BP.BC.24/08.12.015/2020-21 dated October 16, […]

Ministry of Commerce and Industry, Footwear Design and Development Institute, Executive Director Recruitment (Amendment) Rules, 2022

April 8, 2022 567 Views 0 comment Print

These rules may be called the Ministry of Commerce and Industry, Footwear Design and Development Institute, Executive Director Recruitment (Amendment) Rules, 2022.

Guidelines for Establishment of Digital Banking Units

April 7, 2022 1746 Views 0 comment Print

Digital Banking refers to present and future electronic banking services provided by a licensed bank for the execution of financial, banking and other transactions and/or orders/instruments through electronic devices / equipment over web sites (i.e online banking), mobile phones (i.e mobile banking) or other digital channels as determined by the bank, which involve significant level of process automation and cross-institutional service capabilities running under enhanced technical architecture and differentiated business model / strategy.

Amendment in details of an authorized agency under Appendix 2E of FTP, 2015-2020

April 7, 2022 558 Views 0 comment Print

The name of `Ernakulam Chamber of Commerce’, enlisted under Appendix 2E of FTP, 2015-20, has been amended as ‘Kerala Chamber of Commerce & Industry’ along with the contact details of the Chamber. Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Udyog Bhawan Public Notice No. 02/2015-2020-DGFT New […]

No contravention of IBC Code of Conduct by RP if he takes Insurance cover for himself & insolvency professional entity

April 7, 2022 1644 Views 0 comment Print

The issue before the DC is whether taking insurance cover for Ernst & Young LLP, apart from himself and the insolvency professional entity i.e. Ernst & Young Restructuring LLP, was in contravention of the provisions of the Code, Regulations and the Code of Conduct made thereunder. The DC notes that since the RP and his […]

CBIC Notifies Rate of Exchange of Foreign Currencies wef 08.04.2022

April 7, 2022 2115 Views 0 comment Print

CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 8th April, 2022 vide Exchange rates Notification No. 32/2022 – Customs (N.T.) dated the 7th April, 2022. GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No. 32/2022 – Customs (N.T.) New Delhi, […]

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