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Others Notification & Circulars

Automation of Income Recognition, Asset Classification and Provisioning processes in banks

 Notification No#RBI/2020-21/37 Ref. No. DoS.CO.PPG./SEC.03/11.01.005/2020-21    14 September 2020

Reserve Bank of India RBI/2020-21/37 Ref. No. DoS.CO.PPG./SEC.03/11.01.005/2020-21 September 14, 2020 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) and All Small Finance Banks Madam / Dear Sir, Automation of Income Recogn..


Chartered Accountants (Amendment) Regulations, 2020.

 Notification No#No.1-CA(7)/195/2020    14 September 2020

THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NOTIFICATION New Delhi, the 14th September, 2020 No.1-CA(7)/195/2020.—The following draft of certain regulations further to amend the Chartered Accountants Regulations, 1988, which the Council of the Institute of Chartered Accountants of..


Long Form Audit Report (LFAR) - Review

 Notification No#Ref.No.DOS.CO.PPG./SEC.01/11.01.005/2020-21    05 September 2020

RBI/2020-21/33 Ref.No.DOS.CO.PPG./SEC.01/11.01.005/2020-21 September 05, 2020 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks (Excluding RRBs) All Local Area Banks All Small Finance Banks and All Payment Banks Madam /Dear Sir, Long Form Audi..


RBI Releases Revised Priority Sector Lending Guidelines

 Notification No#No. 2020-2021/284    04 September 2020

Date : Sep 04, 2020 RBI Releases Revised Priority Sector Lending Guidelines Reserve Bank of India has comprehensively reviewed the Priority Sector Lending (PSL) Guidelines to align it with emerging national priorities and bring sharper focus on inclusive development, after having wide ranging ..


Exclusion of “Westpac Banking Corporation” from the Second Schedule to the Reserve Bank of India Act, 1934

 Notification No#RBI/2020-21/30 DOR.No.Ret.BC.10/12.07.150/2020-21    03 September 2020

Reserve Bank of India RBI/2020-21/30 DOR.No.Ret.BC.10/12.07.150/2020-21 September 03, 2020 All Banks Madam/Sir Exclusion of “Westpac Banking Corporation” from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Westpac Banking Corp..


Cessation of “Westpac Banking Corporation” as a banking company within the meaning of sub section (2) of Section 36 A of Banking Regulation Act, 1949

 Notification No#RBI/2020-21/31 DOR.No.Ret.BC.11/12.07.150/2020-21    03 September 2020

Reserve Bank of india  RBI/2020-21/31 DOR.No.Ret.BC.11/12.07.150/2020-21 September 03, 2020   All Banks Dear Sir/Madam Cessation of “Westpac Banking Corporation” as a banking company within the meaning of sub section (2) of Section 36 A of Banking Regulation ..


Cessation of “Aditya Birla Idea Payments Bank Limited” as a banking company within the meaning of sub section (2) of Section 36 A of Banking Regulation Act, 1949

 Notification No#RBI/2020-21/32 DOR.No.Ret.BC.12/12.07.150/2020-21    03 September 2020

Reserve Bank of India RBI/2020-21/32 DOR.No.Ret.BC.12/12.07.150/2020-21 September 03, 2020   All Banks Dear Sir/Madam Cessation of “Aditya Birla Idea Payments Bank Limited” as a banking company within the meaning of sub section (2) of Section 36 A of Banking Regul..


Foreign Exchange Management (Non-debt Instruments) (Third Amendment) Rules, 2020.

 Notification No#S.O. 2442 (E)    27 July 2020

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 27th July , 2020 S.O. 2442 (E). - In exercise of the powers conferred by clauses (aa) and (ab) of sub-section (2) of section 46 of the Foreign Exchange Management Act, 1999 (42 of 1999), the Central Gove..


Central Government after consultation with the Employees State Insurance Corporation proposes to make in exercise of the powers conferred by Section 95 of the Employees State Insurance Act

 Notification No#G.S.R. 466(E)    27 July 2020

MINISTRY OF LABOUR OF EMPLOYMENT NOTIFICATION New Delhi, the 27th July, 2020 G.S.R. 466(E). - The following draft of certain rules further to amend the Employees’ State Insurance (Central) Rules, 1950 which the Central Government, after consultation with the Employees’ Stat..


Floating Rate Savings Bonds 2020 (Taxable)

 Notification No#RBI/2019-2020/261    26 June 2020

RBI/2019-2020/261 IDMD.CDD.No.3145/13.01.299/2019-20 June 26, 2020 The Chairman & Managing Director State Bank of India & 11 Nationalised Banks Axis Bank Ltd., ICICI Bank Ltd., HDFC Bank Ltd., IDBI Bank Ltd. Dear Sir/Madam, Floating Rate Savings Bonds 2020 (Taxable) Govern..









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