Monday, June 1, 2020

Master Direction- NBFC Returns (Reserve Bank) Directions, 2016

RBI/DNBS/2016-17/47 Master Direction DNBS.PPD.02/66.15.001/2016-17 September 29, 2016 NOTIFICATION Master Direction- Non-Banking Financial Company Returns (Reserve Bank) Directions, 2016 In exercise of the powers conferred by sections 45 JA, 45K,...

Move to Supreme Court against de-monetization of 500 & 1000 notes

Two petitions have been filed in the Supreme Court of India challenging the decision of the Central government to de-monetize 500 and 1000 notes. Both...

Rs.500 and 1000 Notes cease to be Legal tender – Way Ahead !!!

Way ahead !!! 1. Persons holding old notes of five hundred or one thousand rupees can deposit these notes in their bank or post office...

FAQs on withdrawal of old high denomination Bank Notes

FREQUENTLY ASKED QUESTIONS (FAQs) ON WITHDRAWAL OF LEGAL TENDER CHARACTER OF OLD HIGH DENOMINATION BANK NOTES 1. Why is this scheme introduced? The incidence of fake...

Appointment of Statutory Central Auditors (SCAs) – modification of rest period

RBI/2017-18/29 DBS.ARS.BC.04/08.91.001/2017-18 July 27, 2017 The Chief Executive Officers All Indian Private Sector Banks/ All Foreign Banks operating in India Dear Sir/Madam, Appointment of Statutory Central Auditors (SCAs) – modification...
Securities and Exchange Board of India

SEBI relaxes time limit for filling FY 19-20 financials, listed companies can file upto...

CIRCULAR SEBI/HO/CFD/CMD1/CIR/P/2020/38 March 19, 2020 To, All listed entities that have listed their specified securities All Recognized Stock Exchanges All Depositories Madam / Sir, Sub: Relaxation from compliance with certain...

Cabinet approved an ordinance to impose penalty & a jail term for people holding...

The Union Cabinet has approved an ordinance to impose penalty and a jail term for people holding demonetized notes of Rs 5,00 and 1,000....

Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks

Names of Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks for the year 2016-17 Sr No Auditors appointed for...

Cash deposit in excess of Rs. 5000 – RBI removes restrictions

RBI has removed following conditions on deposit of cash in demonetised Old Notes of Rs. 500 and Rs. 1000 in bank account, which has...
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