Harmonisation of different categories of NBFCs by RBI
In order to provide NBFCs with greater operational flexibility, RBI has decided to harmonise different categories of NBFCs into fewer ones, based on the principle of regulation by activity …
Category: Misc.
Interest Subvention Scheme for MSMEs: Operational Guidelines/ Instructions of RBI
RBI has notified the Operational Guidelines/ Instructions for the 'Interest Subvention Scheme for MSMEs 2018' announced by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India in …
RBI launches ‘Ombudsman Mechanism’ for ‘Digital Payments’ from 31 Jan. 2019
RBI has issued directions to launch 'Ombudsman Mechanism' for redressal of complaints against deficiency in services related to digital payments/ transactions, i.e. 'Ombudsman Scheme for Digital Transactions, 2019', w.e.f. …
RBI’s New External Commercial Borrowings (ECB) Policy/ Guidelines
RBI has notified/ announced the revised/ rationalised 'External Commercial Borrowings (ECB) Policy', i.e. New Framework for ECB and Rupee Denominated Bonds, vide Notification dt. 16 Jan. 2018, in light of the …
RBI Includes Merchant Exporters for Interest Equalisation Scheme (Rupee Export Credit)
RBI has amended the Circular on Operational Instructions for 'Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit' to include/ allow merchant exporters for getting the benefit …
SEBI extends Deadline for Restriction on Transfer of Listed Securities in Physical Form, upto 1 April 2019
Based on representations from stakeholders, the SEBI has extended the deadline upto 1 April 2019, for compliance with the new requirements for transfer of listed securities in dematerialised form …
SEBI’s Modified Procedure on Documentation for Transfer of Securities in Physical Mode
SEBI prescribes modified/ standardized procedure for documentation requirements relating to transfer of securities in physical mode, in view of arbitrary/ varying demands of documents by RTAs, resulting in hardships …
SEBI Directions on ‘Discontinuation of acceptance of cash by Stock Brokers’
SEBI has issued a Directive amending the permissible modes of Payment to/ by stock brokers and has directed the Stock Exchanges to ensure 'Discontinuation of acceptance of cash payment …
Consolidated FDI Policy, 2017 of India (w.e.f. 28 Aug. 2017) Review by DIPP
India's Consolidated FDI Policy 2017 has been notified by the DIPP (GOI) w.e.f. 28 Aug. 2017, which subsumes and supersedes all existing Press Notes/ Releases, Clarifications/ Circulars. Subsequently, DIPP …
Aadhaar Mandatory for NSC, KVP, PPF, etc. Small Saving Deposits; Rules Amended
Govt. has notified Amendment in Rules for Small Saving Schemes (PPF, KVP, NSC and PO Savings Bank) for making Aadhaar Linking of Deposits mandatory, latest by 31 Dec. 2017. …
