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Notifications/Circulars

SEBI withdraws margin benefit on spread positions

December 2, 2016 895 Views 0 comment Print

It has been decided that margin benefit on spread positions shall be entirely withdrawn latest by the start of tender period or the start of the expiry day, whichever is earlier.

Expert Group on Audit firms issues to submit report till 15.01.2017

December 2, 2016 1231 Views 0 comment Print

In partial modification of this Ministry Order of even number dated 30.09.2016, the time period provided to the Expert Group Constituted for looking into the issues related to Audit firms and submitting its report is extended till 15.01.2017.

Information from Social Media – RBI Advisory to banks

December 1, 2016 1441 Views 0 comment Print

Certain fake guidelines / instructions purported to be issued by RBI are circulated in social media by some unscrupulous elements to create confusion

SEBI Review of guidelines for Co-location / proximity hosting facility offered by stock exchanges

December 1, 2016 1645 Views 0 comment Print

SEBI, in consultation with Technical Advisory Committee of SEBI (TAC), has reviewed the applicable provisions of the SEBI circular dated May 13, 2015 regarding guidelines to be followed by stock exchanges while facilitating co-location / proximity hosting, particularly with respect to the following

Customs Rate of exchange of foreign currency WEF 02.12.2016

December 1, 2016 1063 Views 0 comment Print

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.138/2016-CUSTOMS (N.T.), dated 17th November, 2016, except as respects things done or omitted to be done before such supersession

Encouraging usage of Debit Cards among Government employees

December 1, 2016 904 Views 0 comment Print

In the recent years advancements in banking technology, progress in mobile banking and innovative technologies to facilitate digital payments have enabled large number of small denomination transactions to be handled smoothly in electronic mode. The Government of India has taken policy decisions encouraging cashless/electronic transactions.

Demonetisation- Rely on official Notification instead of Social Media

December 1, 2016 820 Views 0 comment Print

It has been reported that certain guidelines/instructions purported to be issued by the Reserve Bank are being circulated in the social media by some unscrupulous elements creating confusion in the minds of the public/bank personnel.

S.10(46) Income of Maharashtra Electricity Regulatory Commission notified

December 1, 2016 748 Views 0 comment Print

Central Government hereby notifies for Section 10(46) Maharashtra Electricity Regulatory Commission, a Commission constituted by the State Government of Maharashtra, in respect of the following specified income arising to that Commission

RBI issues final guidelines on Large Exposure Framework (LEF)

December 1, 2016 2941 Views 0 comment Print

A bank’s exposures to its counterparties may result in concentration of its assets to a single counterparty or a group of connected counterparties.

CBEC withdraws CVD exemption on gold coins & gold findings

December 1, 2016 904 Views 0 comment Print

Seeks to further amend notification No. 12/2012-Customs dated 17th March, 2012, so as to withdraw CVD exemption on gold coins having gold content not below 99.5%, and gold findings.

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