FEMA & Banking

Blog, Advisory, FEMA & Banking

April 25, 2024

[Analysis] Understanding RBI’s Stance on Compromise Settlements & Write-offs

Table of Contents Background Compromise … Continue reading “[Analysis] Understanding RBI’s Stance on Compromise Settlements & Write-offs”

Blog, News, FEMA & Banking

June 21, 2023

Bank Unaware of Third-party Suits, No Material Fact Suppression in Auction Sale: HC

Case Details: Vinjam Srinivasa Rao … Continue reading “Bank Unaware of Third-party Suits, No Material Fact Suppression in Auction Sale: HC”

Blog, News, FEMA & Banking

June 20, 2023

RBI Assures Accurate Accounting and Systems in Place Amid Media Reports on Missing Banknotes

Press Release: 2023-2024/428, Dated 17.06.2023 … Continue reading “RBI Assures Accurate Accounting and Systems in Place Amid Media Reports on Missing Banknotes”

News, Blog, FEMA & Banking

June 19, 2023

SGB Scheme 2023-24 Series I Subscription Window will Open During June 19 to June 23

Press Release: 2023-2024/426, Dated: 16.06.2023 … Continue reading “SGB Scheme 2023-24 Series I Subscription Window will Open During June 19 to June 23”

Blog, News, FEMA & Banking

June 19, 2023

RBI Issues Instructions to Banks w.r.t. Sovereign Gold Bond Scheme 2023-24

Circular No. RBI/2023-24/44 IDMD.CDD.No.S650/14.04.050/2023-24, Dated: … Continue reading “RBI Issues Instructions to Banks w.r.t. Sovereign Gold Bond Scheme 2023-24”

Blog, News, FEMA & Banking

June 19, 2023

PMLA | Uncovering New Duties for CA/CS/CMA

Table of Contents Brief Contours … Continue reading “PMLA | Uncovering New Duties for CA/CS/CMA”

Blog, News, FEMA & Banking

June 16, 2023

Agency Banks Collect Taxes via ICEGATE Payment Gateway for Claim Submission at Mumbai Regional Office

Circular No. RBI/2023-24/43 CO.DGBA.GBD.No.S295/31-12-010/2023-2024, Dated: … Continue reading “Agency Banks Collect Taxes via ICEGATE Payment Gateway for Claim Submission at Mumbai Regional Office”

Blog, News, FEMA & Banking

June 13, 2023

Declaration of Wilful Defaulter and Debt Recovery Proceedings are Distinct: High Court

Case Details: Jagdish Prasad Saboo … Continue reading “Declaration of Wilful Defaulter and Debt Recovery Proceedings are Distinct: High Court”

Blog, News, FEMA & Banking

June 12, 2023

Guarding Digital Lending | RBI’s Game-Changing Guidelines for ‘Default Loss Guarantee’

RBI vide Circular No. RBI/2023-24/41 … Continue reading “Guarding Digital Lending | RBI’s Game-Changing Guidelines for ‘Default Loss Guarantee’”

Blog, News, FEMA & Banking

June 12, 2023

RBI Unveils Guidelines on Default Loss Guarantee in Digital Lending

Circular No. RBI/2023-24/41 DOR.CRE.REC.21/21.07.001/2023-24, Dated: … Continue reading “RBI Unveils Guidelines on Default Loss Guarantee in Digital Lending”