FEMA & Banking

Blog, News, FEMA & Banking

November 2, 2022

RBI launches first pilot of Digital Rupee in the Wholesale segment

Press Release: 2022-2023/1118, Dated 31.10.2022 … Continue reading “RBI launches first pilot of Digital Rupee in the Wholesale segment”

Blog, News, FEMA & Banking

November 2, 2022

RBI notifies lending and deposit rates of Scheduled Commercial Banks for the month of October

Press Release: 2022-2023/1119, Dated 31.10.2022 … Continue reading “RBI notifies lending and deposit rates of Scheduled Commercial Banks for the month of October”

Blog, News, FEMA & Banking

October 31, 2022

SGBs 2017–18 (Series V) can be redeemed prematurely at Rs. 5058 per unit: RBI

Press Release: 2022-2023/1107, dated: 28.10.2022 … Continue reading “SGBs 2017–18 (Series V) can be redeemed prematurely at Rs. 5058 per unit: RBI”

News, Blog, FEMA & Banking

October 29, 2022

Appellant who was already acquitted of scheduled offense can’t be prosecuted under Money Laundering Act: SC

Case Details: PARVATHI KOLLUR v. … Continue reading “Appellant who was already acquitted of scheduled offense can’t be prosecuted under Money Laundering Act: SC”

Blog, News, FEMA & Banking

October 22, 2022

RBI notifies Draft Master Direction on Information Technology, Governance, Risk, Controls and Assurance Practices

Press Release no. 2022-2023/1072, dated: … Continue reading “RBI notifies Draft Master Direction on Information Technology, Governance, Risk, Controls and Assurance Practices”

Blog, News, FEMA & Banking

October 22, 2022

SGBs 2017–18 (Series IV) can be redeemed prematurely at Rs. 5028 per unit: RBI

Press Release: 2022-2023/1077, dated: 20.10.2022 … Continue reading “SGBs 2017–18 (Series IV) can be redeemed prematurely at Rs. 5028 per unit: RBI”

Blog, News, FEMA & Banking

October 20, 2022

MSMEs shall continue to avail non-tax benefits for 3 yrs if there is any upward change in investment

Notification No. S.O. 4926(E), Dated, … Continue reading “MSMEs shall continue to avail non-tax benefits for 3 yrs if there is any upward change in investment”

Blog, News, FEMA & Banking

October 19, 2022

SC transfers to Madras HC all WPs challenging the Banking Regulation (Amendment) Act

Case Details: Reserve Bank of … Continue reading “SC transfers to Madras HC all WPs challenging the Banking Regulation (Amendment) Act”

Blog, News, FEMA & Banking

October 17, 2022

SGB 2017–18 (Series III) can be redeemed prematurely at Rs. 5069 per unit: RBI

Press Release: 2022-2023/1047, dated: 14.10.2022 … Continue reading “SGB 2017–18 (Series III) can be redeemed prematurely at Rs. 5069 per unit: RBI”

Blog, News, FEMA & Banking

October 14, 2022

RBI issues consolidated guidelines on unhedged foreign currency exposures

Circular No. RBI/2022-23/131 DOR.MRG.REC.76/00-00-007/2022-23, dated: … Continue reading “RBI issues consolidated guidelines on unhedged foreign currency exposures”