FEMA & Banking

News, Blog, FEMA & Banking

October 3, 2022

RBI uniforms the Late Submission Fee to be paid for different reporting delays under FEMA

RBI/2021-22/122 A.P. (DIR Series) Circular … Continue reading “RBI uniforms the Late Submission Fee to be paid for different reporting delays under FEMA”

Blog, News, FEMA & Banking

October 1, 2022

RBI hikes the repo rate by half a per cent to 5.90% to control inflation

Press Release: 2022-2023/966, 967 & … Continue reading “RBI hikes the repo rate by half a per cent to 5.90% to control inflation”

Blog, News, FEMA & Banking

September 26, 2022

SGBs 2016 (Series II) & 2016 – 17 (Series II) can be redeemed prematurely at Rs. 4952 per unit: RBI

Press Release: 2022-2023/927, Dated: 23.09.2022 … Continue reading “SGBs 2016 (Series II) & 2016 – 17 (Series II) can be redeemed prematurely at Rs. 4952 per unit: RBI”

Blog, News, FEMA & Banking

September 21, 2022

RBI prescribes compliance functions and role of the Chief Compliance Officer in Primary UCBs

Circular No. RBI/2022-2023/118, Dated: 19.09.2022 … Continue reading “RBI prescribes compliance functions and role of the Chief Compliance Officer in Primary UCBs”

News, Blog, FEMA & Banking

September 20, 2022

Person under trial for offence of money laundering is barred from voting: HC

Case Details: Mohammad Nawab Mohammad … Continue reading “Person under trial for offence of money laundering is barred from voting: HC”

Blog, News, FEMA & Banking

September 19, 2022

Delay in filing of Annual Return under FCRA is punishable u/s 37 of FCRA: Delhi HC

Case Details: Mizpah Charitable Trust … Continue reading “Delay in filing of Annual Return under FCRA is punishable u/s 37 of FCRA: Delhi HC”

Blog, News, FEMA & Banking

September 13, 2022

SGBs 2016 – 17 (Series IV) can be redeemed prematurely at Rs.5077 per unit: RBI

The second due date of … Continue reading “SGBs 2016 – 17 (Series IV) can be redeemed prematurely at Rs.5077 per unit: RBI”

Blog, News, FEMA & Banking

September 12, 2022

SC grants opportunity to borrowers to defend recovery suit as they paid entire decretal amount

Case Details: Jersey Developers (P.) … Continue reading “SC grants opportunity to borrowers to defend recovery suit as they paid entire decretal amount”

Blog, News, FEMA & Banking

September 8, 2022

RBI issues List of entities not authorised to deal in forex and to operate e-trading platforms

RBI press release 2022-2023/835 dated … Continue reading “RBI issues List of entities not authorised to deal in forex and to operate e-trading platforms”

Blog, News, FEMA & Banking

September 7, 2022

CERSAI-registered dues of a secured creditor would rank superior to the dues of State taxes: HC

Case Details: Jalgaon Janta Sahakari … Continue reading “CERSAI-registered dues of a secured creditor would rank superior to the dues of State taxes: HC”