FEMA & Banking

Blog, Advisory, FEMA & Banking

April 25, 2024

[Analysis] Revolutionizing Insurance in India – IRDAI Launches Bima Sugam

Bima Sugam is an Insurance … Continue reading “[Analysis] Revolutionizing Insurance in India – IRDAI Launches Bima Sugam”

Blog, News, FEMA & Banking

March 30, 2024

IRDAI Notifies IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024

Notification F. No. IRDAI/Reg/10/204/2024, Dated: … Continue reading “IRDAI Notifies IRDAI (Actuarial, Finance and Investment Functions of Insurers) Regulations, 2024”

Blog, News, FEMA & Banking

March 29, 2024

RBI Directs all ‘Currency Chest Holding Banks’ Dealing with Govt. Transactions to Remain Open on Sunday, March 31, 2024

Circular No. RBI/2023-24/142 DCM (CC) … Continue reading “RBI Directs all ‘Currency Chest Holding Banks’ Dealing with Govt. Transactions to Remain Open on Sunday, March 31, 2024”

News, Blog, FEMA & Banking

March 29, 2024

RBI Directs Banks to Participate in Special Clearing Operations on March 30 & 31, 2024

Circular No. RBI/2023-24/141 CO.DPSS.RPPD.No.S1193/03-01-002/2023-2024; Dated: … Continue reading “RBI Directs Banks to Participate in Special Clearing Operations on March 30 & 31, 2024”

Blog, News, FEMA & Banking

March 29, 2024

Downstream Investment Must Exclude Investments in Equity Shares of Debtor Co. of REs but Include Hybrid Instruments | RBI Clarifies

Circular No. RBI/2023-24/140 DOR.STR.REC.85/21.04.048/2023-24; Dated: … Continue reading “Downstream Investment Must Exclude Investments in Equity Shares of Debtor Co. of REs but Include Hybrid Instruments | RBI Clarifies”

Blog, FEMA & Banking

November 17, 2024

Basics of Foreign Exchange Markets – How Currencies Are Traded

The Foreign Exchange Market (Forex … Continue reading “Basics of Foreign Exchange Markets – How Currencies Are Traded”

Blog, News, FEMA & Banking

March 28, 2024

No Need for Interim Release in a Money Laundering Case as Applicant’s Surgery wasn’t Life-Threatening | HC

Case Detail: Sameer Mahandru v. … Continue reading “No Need for Interim Release in a Money Laundering Case as Applicant’s Surgery wasn’t Life-Threatening | HC”

News, Blog, FEMA & Banking

March 27, 2024

Bank’s Wilful Defaulter Declaration Based Solely on a Forensic Audit Report is Deemed Unsustainable | HC

Case Details: Ratul Puri v. … Continue reading “Bank’s Wilful Defaulter Declaration Based Solely on a Forensic Audit Report is Deemed Unsustainable | HC”

Blog, News, FEMA & Banking

March 26, 2024

IRDAI Notifies the IRDAI (Rural, Social Sector and Motor Third Party Obligations) Regulations, 2024

Notification No. F. No. IRDAI/Reg/4/198/2024; … Continue reading “IRDAI Notifies the IRDAI (Rural, Social Sector and Motor Third Party Obligations) Regulations, 2024”

Blog, News, FEMA & Banking

March 26, 2024

IRDAI Issues the IRDAI (Bima Sugam-Insurance Electronic Marketplace) Regulations, 2024

Notification No. F. No. IRDAI/Reg/5/199/2024; … Continue reading “IRDAI Issues the IRDAI (Bima Sugam-Insurance Electronic Marketplace) Regulations, 2024”