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
RBI Updates : Liquidity Adjustment Facility- Change in rates
It has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo
RBI Updates : Standing Liquidity Facility for Primary Dealers
The policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 40
RBI Updates : Change in Bank Rate
The Bank Rate is revised upwards by 40 basis points from 4.25 per cent to 4.65
RBI Updates : Maintenance of Cash Reserve Ratio (CRR)
It has been decided to increase the Cash Reserve Ratio (CRR) of all banks by