Community & General News


RBI's provisions of Sections 45-IA, 45-IB, and 45-IC to not apply to NBFCs

   19 November 2020 at 10:52

RBI has declared that the provisions of Sections 45-IA, 45-IB, and 45-IC of the Reserve Bank of India Act, 1934 (2 of 1934) shall not apply to a non-banking financial company

Posted in Community & General |   2184 Views


IFSCA releases the International Financial Services Centres Authority (Procedure for Authority Meetings) Regulations, 2020

   18 November 2020 at 10:30

​​​​​​​The International Financial Services Centres Authority has released the International Financial Services Centres Authority (Procedure for Authority Meetings) Regulations, 2020.

Posted in Community & General |   1896 Views


Finance Commission presents a copy of its report to the Prime Minister for the period 2021-22 to 2025-26

   17 November 2020 at 11:17

The Chairman and Members of the 15th Finance Commission on 16.11.20 presented a copy of the Commission's report for the period 2021-22 to 2025-26, to the Prime Minister Shri Narendra Modi.

Posted in Community & General |   2316 Views


RBI discontinues 17 returns/reports under the Foreign Exchange Management Act, 1999

   16 November 2020 at 18:02

RBI discontinues 17 returns/reports under the Foreign Exchange Management Act, 1999

Posted in Community & General |   2631 Views


IFSC Authority approves the International Financial Services Centres Authority (Banking) Regulations, 2020

   12 November 2020 at 11:13

A meeting of the International Financial Services Centres Authority was held on 11th Nov 2020. The IFSC Authority, after detailed deliberations, approved the International Financial Services Centres Authority (Banking) Regulations, 2020.

Posted in Community & General |   1026 Views


IFSC's final report presented to IFSCA makes several recommendations for Banking, Insurance and Capital Markets segment

   12 November 2020 at 11:10

IFSC's final report presented to IFSCA makes several recommendations for Banking, Insurance and Capital Markets segment

Posted in Community & General |   957 Views


FM Smt. Nirmala Sitharaman attends 1st BRICS Finance Ministers and Central Bank Governors Meeting

   10 November 2020 at 10:30

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the 1st BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting under the BRICS Russian Chairmanship.

Posted in Community & General |   2502 Views


The 15th Finance Commission submits its Report for 2021-22 to 2025-26 to the President of India

   10 November 2020 at 10:30

The 15th Finance Commission led by Chairman Sh N K Singh submits its Report for 2021-22 to 2025-26 to the President of India

Posted in Community & General |   2484 Views


RBI increases Market Trading Hours w.e.f 9th November 2020

   03 November 2020 at 10:21

It has been decided to restore trading hours for regulated markets. Accordingly, with effect from November 9, 2020, the trading hours for the markets regulated by the Reserve Bank have been increased.

Posted in Community & General |   4110 Views


The 15th Finance Commission concludes deliberations on Report 2021-22 to 2025-26

   31 October 2020 at 10:41

The 15th Finance Commission concludes deliberations on Report 2021-22 to 2025-26. The Commission will present its report to the Honourable President of India on 9th November 2020.

Posted in Community & General |   2340 Views



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