RBI Update: Formation of a new district in the State of Assam – Assignment of Lead Bank Responsibility
The Government of Assam has notified the formation of a new district, viz., Hojai in
SEBI Update: Centralization of certifications under the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) at KYC Registration Agencies (KRAs)
1. The Ministry of Finance states that the reporting financial institution (RFI) [as defined under
MCA Update: – Deployment and usage of Change Request Form (CRF) on MCA-21 – reg.
Stakeholders are informed that the Change Request Form (CRF) has been made available on the
Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Amendment) Regulations, 2024
Regulation Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.
RBI Update: Exclusion of “Rupee Co-operative Bank Limited” from the Second Schedule to the Reserve Bank of India Act, 1934
It is advised that “Rupee Co-operative Bank Limited” has been excluded from the Second Schedule
MCA Update: Amendment in Companies (Registration Offices and Fees) Rules, 2014
MCA has inserted rule 10A – Central Processing Center (CPC) in the Companies (Registration Offices
IBBI Update – IBBI (Liquidation Process) (Amendment) Regulations, 2024
Regulation Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. Insolvency and Bankruptcy Board
MCA Update: Access of incorporation related services through National Single Window System
Ministry of Corporate Affairs incorporation-related services can also be accessed through the National Single Window
RBI Update: Participation of Indian Banks on India International Bullion Exchange IFSC Limited (IIBX)
It has been decided to allow: a) Branch/subsidiary/joint venture of an Indian bank in GIFT-IFSC
RBI Update: Review of Fixed Remuneration granted to Non-Executive Directors (NEDs)
Banks are advised to revise the ceiling limit of remuneration of NEDs from Rs. 20