Notification & Circulars

Extension in period of modification of IEC till 31.08.2021 and waiver of fees for IEC updation done during August, 2021– reg.

Notification No#16/2015-2020 09 August 2021

Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade, New Delhi Notification No. 16/2015-2020 Dated: 9th August, 2021 Subject: Extension in period of modification of IEC till 31.08.2021 and waiver of fees fo..

Posted in Miscellaneous

International Financial Services Centres Authority (Finance Company) Regulations, 2021- Clarification

Notification No#F. No 172/ IFSCA/Finance Company Regulations/2021-22/08 09 August 2021

International Financial Services Centres Authority CIRCULAR F. No 172/ IFSCA/Finance Company Regulations/2021-22/08 August 09, 2021 To, All entities operating in the International Financial Services Centres (IFSC) Subject: International Financial Services Centres Authority (Fi..

Posted in Miscellaneous

Enhancement of collateral free loans to Self Help Groups (SHGs) under DAY-NRLM from Rs. 10 lakh to Rs. 20 Lakh

Notification No#RBI/2021-22/83 FIDD.GSSD.CO.BC.No.09/09.01.003/2021-22 09 August 2021

RBI/2021-22/83 FIDD.GSSD.CO.BC.No.09/09.01.003/2021-22 August 9, 2021 The Chairman/ Managing Director/Chief Executive Officer Public Sector Banks Private Sector Banks (including Small Finance Banks) Madam/Dear Sir, Enhancement of collateral free loans to Self Help Groups (SHGs) under..

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Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) - Extension of Relaxation

Notification No#RBI/2021-22/82 DOR.RET.REC.36/12.01.001/2021-22 09 August 2021

RBI/2021-22/82 DOR.RET.REC.36/12.01.001/2021-22 August 09, 2021 All Scheduled Banks Madam/Sir Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) - Extension of Relaxation Please refer to ..

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RBI Export Credit in Foreign Currency – Benchmark Rate

Notification No#RBI/2021-2022/79 DOR.DIR.REC.37/04.02.002/2021-22 06 August 2021

RBI/2021-2022/79 DOR.DIR.REC.37/04.02.002/2021-22 August 6, 2021 All Scheduled Commercial Banks (excluding Regional Rural Banks) All Primary (Urban) Co-operative Banks1 All Small Finance Banks Dear Sir / Madam, Export Credit in Foreign Currency – Benchmark Rate Please refer ..

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Prudential Norms for Off-Balance Sheet Exposures of Banks – Restructuring of derivative contracts

Notification No#RBI/2021-22/81 DOR.MRG.39/21.04.157/2021-22 06 August 2021

RBI/2021-22/81 DOR.MRG.39/21.04.157/2021-22 August 06, 2021 All Banks Madam / Dear Sir, Prudential Norms for Off-Balance Sheet Exposures of Banks – Restructuring of derivative contracts Please refer to paragraph 2.2 of our circular DBOD.No.BP.BC.57/21.04.157/2008-09 dated ..

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Resolution Framework for COVID-19-related Stress – Financial Parameters – Revised timelines for compliance

Notification No#RBI/2021-22/80 DOR.STR.REC.38/21.04.048/2021-22 06 August 2021

RBI/2021-22/80 DOR.STR.REC.38/21.04.048/2021-22 August 6, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-India Financial Institu..

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IBBI signs a Memorandum of Understanding with National Stock Exchange of India for research collaboration

Notification No#IBBI/PR/2021/17 06 August 2021

Insolvency and Bankruptcy Board of India Notification No. IBBI/PR/2021/17 6th August, 2021 Insolvency and Bankruptcy Board of India signs a Memorandum of Understanding with National Stock Exchange of India for research collaboration The Insolvency and Bankruptcy Board of India (IBBI) and..

Posted in Corporate Law

Statement on Developmental and Regulatory Policies

Notification No#PR : 2021-2022/645 06 August 2021

Date : Aug 06, 2021 This Statement sets out various developmental measures including liquidity and regulatory measures. I. Liquidity Measures 1. On Tap TLTRO Scheme – Extension of Deadline With a view to increasing the focus of liquidity measures on revival of activity in spec..

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RBI Governor’s Statement : August 6, 2021

Notification No#PR : 2021-2022/643 06 August 2021

Date : Aug 06, 2021 The Monetary Policy Committee (MPC) met on 4th, 5th and 6th August 2021. Based on an assessment of the evolving domestic and global macroeconomic and financial conditions and the outlook, the MPC voted unanimously to keep the policy repo rate unchanged at 4 per cent. The MPC a..

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