India approves Credit Guarantee Scheme for e-NWR loans to boost agri-finance. Scheme valid till 2030-31, covering default risks for eligible lenders.
Dr. Bhushan Kumar Sinha takes charge as Whole Time Member of IBBI on Feb 11, 2025. He brings expertise in banking, finance, and economic policy reforms.
RBI directs agency banks to stay open on March 31, 2025, for government transactions, ensuring financial year-end payments and receipts are processed on time.
The Indian government has amended the export policy of raw human hair, changing its status from ‘Restricted’ to ‘Prohibited,’ with exceptions for high-value exports.
Overview of IFSCA Fund Management Regulations 2025, covering investor criteria, fund valuation, disclosure norms, borrowing limits, and compliance requirements.
SEBI introduces Investor Charter Amendment 2025, mandating compliance across financial intermediaries, including stock brokers, mutual funds, and investment advisors.
Bhaikaka University, Gujarat, is approved for scientific research under Section 35(1)(ii) of the Income Tax Act, 1961, effective from AY 2025-26 to 2029-30.
RBI revises FEMA regulations, modifying payment rules for Asian Clearing Union (ACU) members, excluding Nepal and Bhutan. Changes apply from the date of publication.
CBDT amends Income-Tax Rules, 1962, updating regulations for Infrastructure Debt Funds, including investment criteria, bond issuance, and borrowing rules.
RBI cuts Bank Rate to 6.50%, affecting penal interest on reserve shortfalls. New rates apply immediately as per the latest monetary policy update.
