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RBI extends time for Submission of returns U/s. 31 for Co-Op Banks

October 13, 2020 1908 Views 0 comment Print

Reserve Bank hereby extends the period for furnishing of the returns under Section 31 of the Act for the financial year ended on March 31, 2020 by a further period of three months in terms of the first proviso to the above section. Accordingly, all State Co-operative Banks and Central Co-operative Banks shall ensure submission of the aforesaid returns to the Reserve Bank and NABARD on or before December 31, 2020.

Maximum aggregated retail exposure to one counterparty increased: RBI

October 12, 2020 822 Views 0 comment Print

In order to reduce the cost of credit for this segment consisting of individuals and small businesses (i.e. with turnover of upto ₹ 50 crore), and also to harmonise with the Basel guidelines, it has been decided that the above threshold limit of ₹ 5 crore for aggregated retail exposure to a counterparty shall stand increased to ₹ 7.5 crore from the date of this circular.

Issue of 8.50% Government of India (National Small Savings Fund) (Non-transferable) Special Securities, 2019 & 2030

October 12, 2020 1263 Views 1 comment Print

The Government of India, hereby notifies the issue of 8.50 per cent Government of India (National Small Savings Fund) (Non-transferable) Special Securities, 2019

Sovereign Gold Bond Scheme (SGB) 2020-21- Series VII, VIII, IX, X, XI, XII

October 9, 2020 36864 Views 1 comment Print

Reserve Bank of India RBI/2020-2021/52 IDMD.CDD.No.730/14.04.050/2020-21 October 9, 2020 The Chairman& Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding Corporation of India Ltd.(SHCIL) National Stock Exchange of India Ltd. & Bombay Stock Exchange Ltd. Dear Sir/Madam, Sovereign Gold Bond Scheme (SGB) 2020-21- Series VII, VIII, IX, X, XI, XII Government […]

Export of Bangalore Rose & Krishnapuram Onions allowed till 31.03.2021

October 9, 2020 654 Views 0 comment Print

Export of Bangalore Rose Onions and Krishnapuram Onions (Serial Number 52, Chapter 7), upto quantity of 10,000 MT each, has been allowed for the period upto 31st March, 2021, with immediate effect.

SEBI (Issue and Listing of Debt Securities) (Amendment) Regulations, 2020

October 8, 2020 2961 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Issue and Listing of Debt Securities) (Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Debenture Trustees) (Amendment) Regulations, 2020

October 8, 2020 3804 Views 0 comment Print

1. These regulations may be called the Securities and Exchange Board of India (Debenture Trustees) (Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette.

SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2020

October 8, 2020 11139 Views 2 comments Print

SEBI via amendment dated October 8, 2020, has brought the new requirement in Part A of Schedule III of Listing Obligations and Disclosure Requirements (LODR) vide Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2020. Part A of Schedule III of the LODR, requires the listed companies to disclose […]

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2020

October 8, 2020 1008 Views 0 comment Print

1. These regulations maybe called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2020. 2. They shall come into force on the date of their publication in the Official Gazette.

​Names of valuers as per Order u/s 34AD of Wealth Tax Act, 1957

October 6, 2020 7803 Views 0 comment Print

Order u/s 34AD of the Wealth Tax Act. 1957 In exercise of the powers conferred on the Chief Commissioner or Director General of Income Tax under section 34AD of the Wealth Tax Act, 1957, I, the Chief Commissioner of Income Tax-03, Delhi hereby having regard to the conditions prescribed in Section 34AD of the W.T.Act, 1957, remove the names of the below mentioned registered valuers from the Register of Valuers maintained in the 0/o Pr.CCIT, Delhi with immediate effect:

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