FEMA & Banking

Blog, News, FEMA & Banking

July 11, 2022

AD Category-I banks can utilise funds raised from overseas FCB: RBI

Circular no. RBI/2022-23/88 A. P. … Continue reading “AD Category-I banks can utilise funds raised from overseas FCB: RBI”

Blog, News, FEMA & Banking

July 11, 2022

RBI designates two additional specified securities eligible for investment by NRs under ‘Fully Accessible Route’

Circular No. RBI/2022-23/86 FMRD.FMID.No.04/14.01.006/2022-23, Dated: … Continue reading “RBI designates two additional specified securities eligible for investment by NRs under ‘Fully Accessible Route’”

Blog, News, FEMA & Banking

July 11, 2022

RBI designates Lead Banks to 13 new districts in the State of Andhra Pradesh

Circular no. RBI/2022-23/85 FIDD.CO.LBS.BC. No.8/02.08.001/2022-23, … Continue reading “RBI designates Lead Banks to 13 new districts in the State of Andhra Pradesh”

News, Blog, FEMA & Banking

July 11, 2022

Investments by FPIs in G-Sec shall be exempted from limit on short-term investments

Circular no. A.P. (DIR Series) … Continue reading “Investments by FPIs in G-Sec shall be exempted from limit on short-term investments”

Blog, News, FEMA & Banking

July 8, 2022

RBI announces numerous measures to enhance forex inflows

Press Release Dated – 06.07.2022 … Continue reading “RBI announces numerous measures to enhance forex inflows”

Blog, News, FEMA & Banking

July 8, 2022

RBI includes ‘Unity Small Finance Bank Limited’ in the list of Scheduled Banks

Circular no. RBI/2022-23/81 DoR.RET.REC.52/12.07.160/2022-23, Dated: … Continue reading “RBI includes ‘Unity Small Finance Bank Limited’ in the list of Scheduled Banks”

News, Blog, FEMA & Banking

July 6, 2022

Non-bank PSOs required to take prior approval for takeover/ acquisition/sale & transfer of payment: RBI

Circular no CO.DPSS.POLC.No. S-590/02-14-006/2022-23, Dated: … Continue reading “Non-bank PSOs required to take prior approval for takeover/ acquisition/sale & transfer of payment: RBI”

Blog, News, FEMA & Banking

July 6, 2022

Govt. designates CERSAI as authority to create, maintain and operate database of deposit takers operating in India

NOTIFICATION No. S.O. 3042(E), Dated … Continue reading “Govt. designates CERSAI as authority to create, maintain and operate database of deposit takers operating in India”

Blog, News, FEMA & Banking

July 4, 2022

Government relaxes FCRA norms; hikes limit for foreign contribution from relatives

Notification No. G.S.R. 506(E), Dated … Continue reading “Government relaxes FCRA norms; hikes limit for foreign contribution from relatives”

Blog, News, FEMA & Banking

July 4, 2022

RBI directs banks to conduct a quarterly test for the ‘Note Sorting’ machines

Circular No. RBI/2022-23/79 DCM(NPD)No.S488/18.00.14/2022-23, Dated … Continue reading “RBI directs banks to conduct a quarterly test for the ‘Note Sorting’ machines”