FEMA & Banking

Blog, News, FEMA & Banking

May 2, 2024

RBI Notifies Guidance Note on Operational Risk Management and Operational Resilience

Press Release No. Press Release: … Continue reading “RBI Notifies Guidance Note on Operational Risk Management and Operational Resilience”

Blog, News, FEMA & Banking

May 2, 2024

Govt. Permits ‘360 One Distribution Services Limited’ to Conduct Aadhaar Authentication Under the PMLA

Notification No. S.O. 1863(E).; Dated … Continue reading “Govt. Permits ‘360 One Distribution Services Limited’ to Conduct Aadhaar Authentication Under the PMLA”

Blog, News, FEMA & Banking

May 1, 2024

RBI Releases Draft Master Directions on ‘Electronic Trading Platforms’

Press Release No. 2024-2025/211; Dated: … Continue reading “RBI Releases Draft Master Directions on ‘Electronic Trading Platforms’”

Blog, News, FEMA & Banking

May 1, 2024

RBI Directs ‘Regulated Entities’ to Review Their Practices Regarding Mode of Loan Disbursal & Application of Interest

Circular No. RBI/2024-25/30 DoS.CO.PPG.SEC.1/11.01.005/2024-25, Dated … Continue reading “RBI Directs ‘Regulated Entities’ to Review Their Practices Regarding Mode of Loan Disbursal & Application of Interest”

Blog, FEMA & Banking

June 1, 2024

FinTech Self-Regulation – Role | Requirements | Benefits of SROs

A Self-Regulatory Organization (SRO) is … Continue reading “FinTech Self-Regulation – Role | Requirements | Benefits of SROs”

Blog, News, FEMA & Banking

April 30, 2024

Director’s Challenge to Co.’s Wilful Defaulter Status Dismissed as Lender’s Review Committee Found No Irregularity

Case Details: Gouri Prasad Goenka … Continue reading “Director’s Challenge to Co.’s Wilful Defaulter Status Dismissed as Lender’s Review Committee Found No Irregularity”

Blog, News, FEMA & Banking

April 29, 2024

RBI Notifies Limits for Investment in Debt and Sale of Credit Default Swaps by Foreign Portfolio Investors

Circular No. RBI/2024-25/27 A.P. (DIR … Continue reading “RBI Notifies Limits for Investment in Debt and Sale of Credit Default Swaps by Foreign Portfolio Investors”

News, Blog, FEMA & Banking

April 29, 2024

RBI Amends Eligibility Criteria for Small Finance Banks to Transition Into a Universal Bank

Circular No. RBI/2024-25/28 DOR.LIC.REC.20/16.13.218/2024-25, Dated: … Continue reading “RBI Amends Eligibility Criteria for Small Finance Banks to Transition Into a Universal Bank”

Blog, News, FEMA & Banking

April 29, 2024

RBI Introduces Draft Circular on ‘Digital Lending – Transparency in Aggregation of Loan Products From Multiple Lenders’

Press Release 2024-2025/194, Dated: 26.04.2024 … Continue reading “RBI Introduces Draft Circular on ‘Digital Lending – Transparency in Aggregation of Loan Products From Multiple Lenders’”

Blog, News, FEMA & Banking

April 27, 2024

Rs 10L Recovery Limit for DRT Filings Now Also Applies to Applications Between 26.09.2018 and 30.06.2019 | Finance Ministry

Notification No. S.O. 1796(E)., Dated … Continue reading “Rs 10L Recovery Limit for DRT Filings Now Also Applies to Applications Between 26.09.2018 and 30.06.2019 | Finance Ministry”