FEMA & Banking

Blog, News, FEMA & Banking

February 18, 2024

RBI Directs a Card Network to Restrain Unauthorized Commercial Payment Systems

Press Release: 2023-2024/1885, Dated 15.02.2024 … Continue reading “RBI Directs a Card Network to Restrain Unauthorized Commercial Payment Systems”

Blog, News, FEMA & Banking

February 18, 2024

RBI and Nepal Rastra Bank Sign Agreement for Cross-Border Remittances Through UPI-NPI Integration

Press Release No. 2023-2024/1882; Dated: … Continue reading “RBI and Nepal Rastra Bank Sign Agreement for Cross-Border Remittances Through UPI-NPI Integration”

Blog, News, FEMA & Banking

February 16, 2024

No Bench Can Hear a Case Unless Assigned Per Roster or Specially Assigned to Bench by Chief Justice | SC

Case Details: Directorate of Enforcement … Continue reading “No Bench Can Hear a Case Unless Assigned Per Roster or Specially Assigned to Bench by Chief Justice | SC”

Blog, FEMA & Banking

March 19, 2025

Obligations and Procedures for Reporting Entity Under PMLA

A “reporting entity” under the … Continue reading “Obligations and Procedures for Reporting Entity Under PMLA”

News, Blog, FEMA & Banking

February 15, 2024

[Opinion] Write-off of Overseas Investment – Liquidation vs Inbound Merger

Aditya Sriram R – [2024] … Continue reading “[Opinion] Write-off of Overseas Investment – Liquidation vs Inbound Merger”

Blog, News, FEMA & Banking

February 13, 2024

RBI Hikes Ceiling on Remuneration for Non-Executive Directors of Private Banks From 20 Lakhs to 30 Lakhs Per Annum

Circular No. RBI/2023-24/121 DoR.HGG.GOV.REC.75/29.67.001/2023-24, Dated … Continue reading “RBI Hikes Ceiling on Remuneration for Non-Executive Directors of Private Banks From 20 Lakhs to 30 Lakhs Per Annum”

Blog, News, FEMA & Banking

February 13, 2024

Indian Banks Which Are Authorized to Import Gold/Silver Can Now Act As Special Category Client (SCC) of IIBX | RBI

Circular No. RBI/2023-24/120 DoR.AUT.REC.74/24.01.041/2023-24, Dated … Continue reading “Indian Banks Which Are Authorized to Import Gold/Silver Can Now Act As Special Category Client (SCC) of IIBX | RBI”

Blog, News, FEMA & Banking

February 13, 2024

Sovereign Gold Bond Scheme 2023-24 – Series IV to be Open for Subscription During February 12-16, 2024 | RBI

Press Release: 2023-2024/1849, Dated 09.02.2024 … Continue reading “Sovereign Gold Bond Scheme 2023-24 – Series IV to be Open for Subscription During February 12-16, 2024 | RBI”

Blog, News, FEMA & Banking

February 12, 2024

Petition for Quashing of Summon Order Was to be Dismissed Where Trial Court Convicted Accused u/s 138 of NI Act | HC

Case Details: Sumit Juneja v. … Continue reading “Petition for Quashing of Summon Order Was to be Dismissed Where Trial Court Convicted Accused u/s 138 of NI Act | HC”

Blog, News, FEMA & Banking

February 9, 2024

RBI to Introduce Key Fact Statement (KFS) for Retail and MSME Loans & Advances

Press Release: 2023-2024/1827, Dated 08.02.2024 … Continue reading “RBI to Introduce Key Fact Statement (KFS) for Retail and MSME Loans & Advances”