RBI Update – Master Direction – Risk Management and Inter-Bank Dealings: Amendments

Mehta & Mehta > RBI Updates > RBI Update – Master Direction – Risk Management and Inter-Bank Dealings: Amendments
Standalone Primary Dealers (SPDs) have been granted authorisation under Section 10(1) of the Foreign Exchange Management Act (FEMA), 1999 pursuant to notification no. D-19 July 27, 2018. Accordingly, amendments are being made in the Master Direction to reflect the applicability of the provisions to SPDs. These amendments are placed at Annex I herewith. SPDs shall continue to comply with all applicable Directions issued by the Reserve Bank of India.
 
 
Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12680&Mode=0
Leave a Comment on RBI Update – Master Direction – Risk Management and Inter-Bank Dealings: AmendmentsRBI Updates
Tags

About the Author

Knowledge Team

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these

Skip to content