The ROC imposed penalties for incorrect disclosures in Form MGT-7A, including errors in board meeting records and shareholding details. The order confirms that defective annual return filings attract liability under Section 450, even when filed voluntarily for adjudication.
The central bank has notified amendments to the ECB framework and consolidated borrowing provisions under updated Regulations. Authorised Dealer banks must follow the revised rules and note deletion of key master direction paragraphs and FAQs.
The amendment requires online sellers of imported products to provide searchable country-of-origin filters. The rule aims to enhance consumer transparency in digital marketplaces.
ROC Mumbai held that once delay in appointing an Internal Auditor was compounded by the Regional Director and default rectified, no further penalty under Section 450 could be imposed.
IPCs issued to clearing corporations will now carry a 100% CCF, but capital must be maintained only on the CME portion at 125% risk weight. The amendment clarifies regulatory capital treatment.
Small Finance Banks must now disclose granular capital market exposures in their financial statements. The amendment enhances transparency and aligns reporting with updated risk management norms.
The revised framework enables acquisition financing and enhances lending limits against shares and REIT/InvIT units. Regulatory ceilings on listed debt-backed lending have been removed.
RBI has issued revised LBS guidelines to strengthen coordination among banks and government agencies. The framework enhances priority sector lending, credit planning, and accountability mechanisms.
RBI proposes permitting commercial banks to finance REITs subject to prudential exposure ceilings. The draft introduces safeguards to manage concentration and credit risk.
The amendment introduces LTV caps, valuation norms, and exposure limits for loans against eligible securities. It strengthens risk controls and integrates such lending within capital market exposure norms.
