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Month: November 2021

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  • CBDT notifies ‘E-settlement scheme, 2021’ to settle pending setcom application.

CBDT notifies ‘E-settlement scheme, 2021’ to settle pending setcom application.

S.O. 4584(E).—In exercise of the powers conferred by sub-section (11) and (12) of section 245D of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby makes the following…

Master Circular- Guarantees, Co-Acceptances & Letters of Credit – UCBs

November 02, 2021 The Managing Director/ Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/ Madam, Please refer to our Master Circular DCBR. BPD (PCB) MC. No.8/09.27.000/2015-16 dated July…

Prompt Corrective Action (PCA) Framework for Scheduled Commercial Banks

November 02, 2021 All Scheduled Commercial Banks (Excluding Small Finance Banks, Payment Banks and Regional Rural Banks) Madam/ Dear Sir, Please refer to the circular No. DBS.CO.PPD.BC.No.8/11.01.005/2016-17 dated April 13,…

Master Circular – Income Recognition, Asset Classification, Provisioning and Other Related Matters – UCBs

November 1, 2021 The Chief Executive Officers All Primary (Urban) Co-operative Banks Madam / Dear Sir, Please refer to our Master Circular DCBR.BPD. (PCB) MC No.12/09.14.000/2015-16 dated July 1, 2015…

Modus operandi of fraudulent transaction

Frauds due to use of Unknown / Unverified Mobile Apps : Modus Operandi : Fraudsters gain access to your mobile device / laptop / desktop once you download unknown /…