RBI Update – Interest Rates on Foreign Currency (Non-resident) Accounts (Banks) [FCNR(B)] Deposits
It has been decided to increase the interest rates ceiling on fresh FCNR(B) deposits raised
SEBI Update – Repository of documents relied upon by Merchant Bankers during due diligence process in Public issues
Merchant bankers shall upload the documents in the Document Repository platform of any of the
RBI Update – Amendment to Framework for Facilitating Small Value Digital Payments in Offline Mode
RBI circular dated January 03, 2022 (updated as on August 24, 2023) which enabled small value
SEBI Update – SMS and E-mail alerts to investors by stock exchanges
SEBI, vide Circular dated August 02, 2011 (hereinafter mentioned as ‘Circular’) and Clause 33 of
RBI Update – Inoperative Accounts / Unclaimed Deposits in banks
The banks are, advised to take necessary steps urgently to bring down the number of
RBI Update – Fully Accessible Route’ for Investment by Non-residents in Government Securities – Inclusion of Sovereign Green Bonds
The Government Securities that are eligible for investment under the FAR (‘specified securities’) were notified
RBI Update – Amendment to the Master Direction – Know Your Customer (KYC) Direction, 2016
The Master Direction on KYC has been amended to (a) align the instructions with the
SEBI Update – Disclosure of expenses, half yearly returns, yield and risk-o-meter of schemes of Mutual Funds
Disclosure of expenses, half yearly returns and yield of a scheme Disclosure of expenses, returns
IBBI Update – Centralized Electronic Listing and Auction Platform for the Sale of Assets under Liquidation Process
Regulation 33 (1) of the IBBI (Liquidation Process) Regulations, 2016 (Liquidation Regulations) provides that, “The
SEBI Update – Investments in Overseas Mutual Funds/ Unit Trusts by Indian Mutual Funds
Mutual Funds are permitted to invest in overseas securities which also includes investment in overseas Mutual