SEBI clarifies its stance on the T+0 settlement cycle, emphasizing potential savings from ASBA and correcting media misinterpretations about mandatory changes.
Discover NSE’s updated reporting forms and guidelines for Social Enterprises listed on the Social Stock Exchange. Key changes and submission deadlines for FY 2023-24.
RBI allows UCBs to transfer Dividend Equalisation Fund balances to general reserves, enhancing Tier-I capital. New guidelines effective immediately for better capital treatment.
The Reserve Bank of India (RBI) has issued the Master Direction on the Treatment of Wilful Defaulters and Large Defaulters (Directions, 2024) to establish a clear framework for identifying and managing borrowers who deliberately default on their financial obligations. This directive, effective in 90 days, mandates a transparent process for classifying defaulters, including detailed procedures […]
IBBI suspends insolvency professional Rakesh Kumar Gupta for one year due to errors in creditor handling, delays and procedural violations under IBC.
RBI issues final directions on cyber resilience and digital payment security for non-bank Payment System Operators (PSOs) to ensure robust governance and secure transactions.
MCA imposes a Rs. 16.80 lakh penalty on Hygosap Pharma for non-compliance with Section 89 of the Companies Act, 2013, detailing failures in beneficial interest declarations.
RBI updates Fully Accessible Route for non-residents, excluding new 14-year and 30-year government securities from FAR. Existing stocks remain available. Effective immediately.
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Third Amendment) Regulations, 2024 shall come into force from 29th July, 2024.
DGFT Notification No. 21/2024-25 allows export of 1,000 MT of Non-Basmati White Rice to Namibia via NCEL. Learn about this new trade development.
