FEMA & Banking

News, Blog, FEMA & Banking

October 10, 2024

RBI to Launch Beneficiary Name Look-Up Feature for RTGS/NEFT Transfers

Press Release: 2024-2025/1254, Dated: 09.10.2024 … Continue reading “RBI to Launch Beneficiary Name Look-Up Feature for RTGS/NEFT Transfers”

Blog, News, FEMA & Banking

October 10, 2024

RBI Keeps Repo Rate Unchanged at 6.50%

Press Release: 2024-2025/1252, Dated: 09.10.2024 … Continue reading “RBI Keeps Repo Rate Unchanged at 6.50%”

Blog, News, FEMA & Banking

October 7, 2024

HC Overturns Trial Court’s Order as Petitioners, Being Non-Executive Directors, Weren’t Responsible for Cheque Dishonour

Case Details: Rajesh Madan v. … Continue reading “HC Overturns Trial Court’s Order as Petitioners, Being Non-Executive Directors, Weren’t Responsible for Cheque Dishonour”

News, Blog, FEMA & Banking

October 7, 2024

RBI Releases Draft Circular on ‘Forms of Business and Prudential Regulation for Investments’

Press Release No. 2024-2025/1225; Dated: … Continue reading “RBI Releases Draft Circular on ‘Forms of Business and Prudential Regulation for Investments’”

Blog, News, FEMA & Banking

October 6, 2024

Appellant’s Challenge to ED’s Attachment Order Dismissed as SC Ruling Excludes Covid-19 Period From Limitation

Case Details: Shailesh Mulchand Savla … Continue reading “Appellant’s Challenge to ED’s Attachment Order Dismissed as SC Ruling Excludes Covid-19 Period From Limitation”

Blog, FEMA & Banking

October 4, 2024

Ethics in Banking – Principles | Challenges | Impact on the Financial Sector

Ethics in banking refers to … Continue reading “Ethics in Banking – Principles | Challenges | Impact on the Financial Sector”

Blog, News, FEMA & Banking

October 4, 2024

Trial Court Rightly Acquitted Accused in Section 138 Case as Complainant Failed to Prove Debt After Defense Was Raised

Case Details: Atul Pundhir v. … Continue reading “Trial Court Rightly Acquitted Accused in Section 138 Case as Complainant Failed to Prove Debt After Defense Was Raised”

Blog, News, FEMA & Banking

October 4, 2024

RBI’s Committee Proposes Extending MIBOR Calculation to First 3 Hours of Transactions for Better Market Representation

Press Release: 2024-2025/1202, Dated 01.10.2024 … Continue reading “RBI’s Committee Proposes Extending MIBOR Calculation to First 3 Hours of Transactions for Better Market Representation”

News, Blog, FEMA & Banking

October 4, 2024

RBI Updates FEMA Compounding Directions to Align with Newly Notified Compounding Rules

Master Directions No.17/2024-25, Dated 01-10-2024 … Continue reading “RBI Updates FEMA Compounding Directions to Align with Newly Notified Compounding Rules”

Blog, News, FEMA & Banking

September 30, 2024

HC Overturns Acquittal | Cheque Issued in 2015 Deemed Valid Acknowledgement of Debt Under Limitation Act

Case Details: Rajeev Kumar v. … Continue reading “HC Overturns Acquittal | Cheque Issued in 2015 Deemed Valid Acknowledgement of Debt Under Limitation Act”