FEMA & Banking

Blog, News, FEMA & Banking

August 27, 2024

HC Grants Bail to Appellant as There Were No Evidences Available Connecting Appellant to Terrorist Acts at Its Rented Premises

Case Details: Jalaluddin Khan v. … Continue reading “HC Grants Bail to Appellant as There Were No Evidences Available Connecting Appellant to Terrorist Acts at Its Rented Premises”

Blog, News, FEMA & Banking

August 23, 2024

Section 64(2) FERA Charge Applies to Any Contravention in India, Covering Both Indian and Foreign Nationals | SAFEMA

Case Details: Alliance Leicestar Plc … Continue reading “Section 64(2) FERA Charge Applies to Any Contravention in India, Covering Both Indian and Foreign Nationals | SAFEMA”

News, Blog, FEMA & Banking

August 21, 2024

RBI Releases Framework for ‘Recognition of Self-Regulatory Organisations in Financial Markets’

Press Release No. 2024-2025/926, Dated: … Continue reading “RBI Releases Framework for ‘Recognition of Self-Regulatory Organisations in Financial Markets’”

Blog, News, FEMA & Banking

August 17, 2024

HC Mandates Exhaustion of Statutory Remedies Under PMLA Before Invoking Article 226 Relief

Case Details: Nium India (P.) … Continue reading “HC Mandates Exhaustion of Statutory Remedies Under PMLA Before Invoking Article 226 Relief”

Blog, News, FEMA & Banking

August 14, 2024

RBI Sets 75% Risk Weight for Standard Real Estate Loans by Housing Finance Companies

Circular No. RBI/2024-25/62 DOR.CRE.REC.33/08.12.001/2024-25; Dated: … Continue reading “RBI Sets 75% Risk Weight for Standard Real Estate Loans by Housing Finance Companies”

Blog, News, FEMA & Banking

August 14, 2024

RBI Mandates Deposit-Taking Housing Finance Companies to Maintain Liquid Assets to Extent of 15% of Public Deposits

Circular No. RBI/2024-25/61 DOR.FIN.REC.No.34/03.10.136/2024-25, Dated: … Continue reading “RBI Mandates Deposit-Taking Housing Finance Companies to Maintain Liquid Assets to Extent of 15% of Public Deposits”

Blog, News, FEMA & Banking

August 13, 2024

RBI Allows Non-Residents to Trade Sovereign Green Bonds in IFSC via Inward Remittance or Funds in Foreign Currency A/c

Notification No. No. FEMA. 396 … Continue reading “RBI Allows Non-Residents to Trade Sovereign Green Bonds in IFSC via Inward Remittance or Funds in Foreign Currency A/c”

Blog, News, FEMA & Banking

August 12, 2024

HC Affirms Closure of Cross-Examination as Petitioner Didn’t File Plea u/s 145 of NI Act in a Cheque Dishonor Trial

Case Details: Cassius Infracon (P.) … Continue reading “HC Affirms Closure of Cross-Examination as Petitioner Didn’t File Plea u/s 145 of NI Act in a Cheque Dishonor Trial”

Blog, News, FEMA & Banking

August 12, 2024

RBI Directs Credit Information Companies/Institutions to Update Credit Information Fortnightly or at Shorter Intervals

Circular No. RBI/2024-25/60 DoR.FIN.REC.No.32/20.16.056/2024-25, Dated: … Continue reading “RBI Directs Credit Information Companies/Institutions to Update Credit Information Fortnightly or at Shorter Intervals”

Blog, Advisory, FEMA & Banking

August 12, 2024

[Analysis] RBI’s Initiatives – UPI Transaction Limit Increase | Digital Lending Apps Repository | Faster Cheque Clearance

The Reserve Bank of India … Continue reading “[Analysis] RBI’s Initiatives – UPI Transaction Limit Increase | Digital Lending Apps Repository | Faster Cheque Clearance”