Notification & Circulars


Guidelines on Corporate Governance and Disclosure Requirements for a Finance Company

 Notification No#F. No 172/ IFSCA/Finance Company Regulations/2021-22/9     09 August 2021

International Financial Services Centres Authority CIRCULAR F. No 172/ IFSCA/Finance Company Regulations/2021-22/9 August 09, 2021 To, All Finance Companies’ in the International Financial Services Centre (IFSC) Subject: Guidelines on Corporate Governance and Disclosure Requi..

Posted in Miscellaneous

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..


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 ..


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 ..


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 ..


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..


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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