RBI Update – Operation of Pre-Sanctioned Credit Lines at Banks through Unified Payments Interface (UPI)
The Statement on Developmental and Regulatory Policies dated April 06, 2023, expanding the scope of UPI
SEBI Update – Modification in Cyber Security and Cyber Resilience framework of Stock Exchanges, Clearing Corporations and Depositories
SEBI vide its circular dated 24th Aug 2023 has made Modification in the Cyber Security
MCA Update- Condonation of delay in filing of Form-3, Form-4 and Form-11 under section 67 of the Limited Liability Partnership Act, 2008 read with section 460 of the Companies Act, 2013
The Form-3 and Form-4 would be processed under Straight Through Process (STP) mode for all
RBI Update- Review of Regulatory Framework for IDF-NBFCs
Infrastructure Debt Fund-NBFCs (IDF-NBFCs) will now be required to have a net owned fund (NOF)
RBI Update- Reset of Floating Interest Rate on Equated Monthly Instalments (EMI) based Personal Loans
Regulated Entities are advised to put in place an appropriate policy framework meeting the following
RBI Update -Fair Lending Practice – Penal Charges in Loan Accounts
On a review of the practices followed by REs for charging penal interest/charges on loans,
SEBI Update – Simplification of KYC process and rationalisation of Risk Management Framework at KYC (Know Your Client) Registration Agencies (KRAs)
Sebi on Friday simplified the KYC process and rationalised the risk management framework at KYC
SEBI Update -Facility to remedy erroneous transfers in demat accounts
Securities and Exchange Board of India on 8th Aug 2023 decided to provide a facility
RBI Update -Inclusion of “NongHyup Bank” in the Second Schedule of the Reserve Bank of India Act, 1934
It is advised that “NongHyup Bank” has been included in the Second Schedule to the
SEBI Update: BRSR Core – Framework for assurance and ESG disclosures for value chain
Sebi on 12th July came out with a regulatory framework for listed entities on ESG