RBI reduces Cash Reserve Ratio by 50 basis points, effective December 14 and 28, 2024, as part of liquidity management measures.
RBI raises interest rate ceilings on FCNR(B) deposits for banks effective December 6, 2024, offering higher rates till March 31, 2025.
IFSCA renews recognition for India International Bullion Exchange as Bullion Exchange and Clearing Corporation until Dec 2025.
Time period for exporting Broken Rice via NCEL to Senegal and Gambia extended by 2 months until 31st January 2025. Notification issued by DGFT.
Corrigendum issued for Customs Notification No. 26/2024-CUSTOMS (ADD) clarifies duty calculation method for specific goods. Effective from 4th December 2024.
SEBI introduces guidelines for Merchant Bankers to upload due diligence documents on a digital repository from January 2025.
SEBI cautions against unregistered platforms offering unlisted debt securities, advising investors to avoid such platforms for protection.
RBI raises transaction and total limit for UPI Lite in offline mode to ₹1,000 and ₹5,000, effective immediately from December 4, 2024.
SEBI clarifies the role of Specified Digital Platforms (SDPs) and their regulatory obligations under new amendments in December 2024.
Circular amends the adjudication process for DGGI show cause notices with all-India jurisdiction for certain GST officers.