SEBI Update: Simplification of procedure and standardization of formats of documents for transmission of securities
1. SEBI vide circular dated May 18, 2022, has reviewed the process being followed by the Registrars to
RBI Updates : Reserve Bank of India (Financial Statements – Presentation and Disclosures) Directions, 2021 – Reporting of reverse repos with Reserve Bank on the bank’s balance sheet
In order to bring more clarity on the presentation of reverse repo on the balance
RBI Updates : Interoperable Card-less Cash Withdrawal (ICCW) at ATMs
All banks, ATM networks and WLAOs may provide the option of ICCW at their ATMs.
RBI Updates: Government of India guaranteed term loan extended by SBI to the Government of Sri Lanka- Settlement in INR
Attention of Authorised Dealer Category – I (AD Category-I) banks is invited to Regulations 3
RBI Updates: New Definition of Micro, Small and Medium Enterprises – Clarification
It is clarified that the existing Entrepreneurs Memorandum (EM) Part II and Udyog Aadhaar Memorandum
RBI Updates: Kisan Credit Card Scheme – Eligibility criteria for farmers engaged in fisheries/ aquaculture
Please refer to Para 3.1.1.2 of our circular dated February 04, 2019 on Kisan Credit Card (KCC)
RBI Updates: Lending by Commercial Banks to NBFCs and Small Finance Banks (SFBs) to NBFC-MFIs, for the purpose of on-lending to priority sectors
The lending by commercial banks to NBFCs and lending by Small Finance Banks (SFBs) to
SEBI Updates: Relaxation from compliance with certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
1. MCA vide Circular dated May 05, 2022, has extended the relaxations from dispatching of physical
IBBI Updates : Withdrawal of Circular dated 26th August, 2019 regarding applicability of the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019 notified on 25th July, 2019.
To bring more clarity, the Board has notified the Insolvency and Bankruptcy Board of India
MCA Update: Amendment in (Share Capital and Debentures) Rules
MCA vide its notification dated May 4, 2022, issued an amendment in Companies (Share Capital