The notification addressed mandatory reinsurance cession for general insurance policies. It mandates 4% cession to GIC Re, ensuring domestic risk retention and structured profit-sharing.
The MCA has released draft amendments to simplify company incorporation procedures and reduce compliance requirements. The proposal focuses on form consolidation, digital processes, and streamlined documentation.
The Reserve Bank of India issued draft Amendment Directions on April 8, 2026, revising the existing framework for Investment Fluctuation Reserve (IFR) across multiple categories of banks, including commercial banks, co-operative banks, small finance banks, payments banks, and regional rural banks. The draft proposes key changes such as removing the IFR requirement for banks already […]
The draft removes the restriction linked to NPA provisioning for including quarterly profits in CET1 capital. It simplifies capital adequacy calculations while retaining prudential safeguards.
The RBI proposes removing restrictions on including quarterly profits in CRAR calculations linked to NPA provisioning. This move simplifies capital adequacy compliance and improves flexibility for banks.
The Reserve Bank of India has opened public consultation on draft supervisory directions. Stakeholders can comment on completeness and accuracy, though substantive changes are excluded.
RBI proposes major governance reforms replacing rigid rules with principle-based guidance for bank Boards. The framework allows delegation to committees while ensuring Boards retain control over strategic and material decisions.
RBI proposes a comprehensive overhaul of TReDS guidelines to improve MSME liquidity and streamline receivables financing. The draft introduces simplified onboarding, credit guarantee access, and harmonised regulatory norms.
CBIC amends Notification 15/2023-Customs (ADD) to update producer name to DNE LASER (Guangdong) Co., Ltd. based on DGTR recommendation.
IFSCA has revamped reporting norms with updated formats and new intermediary categories. The circular mandates quarterly reporting and strengthens supervisory oversight.
