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Month: August 2021

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  • Penalty for Repeated Delivery Default

Penalty for Repeated Delivery Default

August 17, 2021 To, The Managing Directors / Chief Executive Officers, All Clearing Corporations having Commodity Derivatives Segment Sir / Madam, 1. SEBI had stipulated delivery default norms vide Circular…

Exim Bank’s Government of India supported Line of Credit (LoC) of USD 100 million to the Government of the Republic of Mauritius

August 12, 2021 All Category – I Authorised Dealer Banks Madam/Sir Export-Import Bank of India (Exim Bank) has entered into an agreement dated February 19, 2021 with the Government of…

Income tax (23rd Amendment), Rules, 2021

New Delhi, the 10th August, 2021 G.S.R. 551(E).—In exercise of the powers conferred by sub-section (2D) of section 115JB read with section 295 of the Income-tax Act, 1961 (43 of…

Income tax Amendment (22nd Amendment), Rules, 2021.

New Delhi, the 9th August, 2021 G.S.R. 545(E).—In exercise of the powers conferred by clause (4D) of section 10 and sub-section (1A) of section 115AD, read with section 295 of…

Monitoring of Availability of Cash in ATMs

August 10, 2021 The Chairman / Managing Director & CEO All Banks Dear Sir / Madam, As you are aware, the Reserve Bank of India has a mandate to issue…

Enhancement of collateral free loans to Self Help Groups (SHGs) under DAY-NRLM from ₹10 lakh to ₹20 Lakh

August 9, 2021 The Chairman/ Managing Director/Chief Executive Officer Public Sector Banks Private Sector Banks (including Small Finance Banks) Madam/Dear Sir, Please refer to the Master Circular FIDD.GSSD.CO.BC.No.04/09.01.01/2021-22 dated April…

Section 24 of the Banking Regulation Act, 1949 – Maintenance of Statutory Liquidity Ratio (SLR) – Marginal Standing Facility (MSF) – Extension of Relaxation

Please refer to circular DOR.No.Ret.BC.36/12.01.001/2020-21 dated February 05, 2021, on Marginal Standing Facility (MSF), wherein the banks were allowed to avail of funds under the MSF by dipping into the…

Companies (Registration of Foreign Companies) Amendment Rules, 2021.

G.S.R. 538(E).—In exercise of the powers conferred by clause (c) and clause (h) of sub-section (1) and sub-section (3) of section 380, clause (a) of sub-section (1) and sub-section (3)…

Notification under section 393A of the Companies Act, 2021.

S.O. 3156(E).—In exercise of the powers conferred by section 393A of the Companies Act, 2013 (18 of 2013), the Central Government hereby exempts, from the provisions of sections 387 to…

Companies (Specification of definitions details) Third Amendment Rules, 2021.

New Delhi, the 5th August, 2021 G.S.R. 539(E).—In exercise of the powers conferred by sub-clause (ix) of clause (76), sub-clause (iii) of clause (77) of section 2, read with sub-sections…