RVKS and Associates Newsletter – Volume 1.13
26.4.2022 Newsletter : https://drive.google.com/file/d/1MKUcYM8joN6BgVpiljGVWnA0K11rBakx/view?usp=sharing
NBFCs can not undertake credit card business without prior RBI approval
The directions will be effective from July 1, 2022 Non-banking financial companies registered with the RBI will not undertake credit card business without prior approval from the Reserve Bank of…
How to protect your debit, credit card from fraudsters
Many of us use our debit and/or credit cards to make payments, if not directly we add the debit or credit number to make a UPI payment or to make…
eAPY – Ease of onboarding through Aadhaar
21 April 2022 To,Prospective APY Subscribers, APY-SPs& other stake holders for information The Government of India introduced Atal Pension Yojana (APY) for a pension inclusive society wherein every Indian Citizen…
Special drive to ensure that all manufacturer of PDW and MW have BIS Certification
Dated the 22nd April, 2022 To, 1. The Commissioner of Food Safety of All States/UTS2. All Regional Director of FSSAI.3. All Central Licensing Authorities of FSSAI Sir/Madam, FSSAI is in…
Project planning can optimise costs and improve operations
The success or failure of any business is a function of effective execution of ideas The old business adage — money saved is money earned — could not have been…
Legal Entity Identifier (LEI) for Borrowers
April 21, 2022 All Scheduled Commercial Banks (Excluding Regional Rural Banks),All India Financial Institutions,Small Finance Banks, Local Area Banks,Primary (Urban) Co-operative Banks, andNon-Banking Financial Companies (including Housing Finance Companies) Madam/Dear…
Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022
April 21, 2022 In exercise of the powers conferred by Sections 35A and Section 56 of the Banking Regulation Act, 1949 and Chapter IIIB of the Reserve Bank of India…
Creation of Honorary Designations at Board level in Urban Co-operative Banks
April 21, 2022 The Chairman / Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam/Dear Sir, It has been observed during the course of supervisory reviews that some…
Streamlining the Process of Public Issues and redressal of Investor grievances
April 20, 2022 ToRecognized Stock ExchangesRegistered Stock BrokersRegistered Merchant BankersRegistered Registrars to an Issue and Share Transfer AgentsDepositories and Registered Depository ParticipantsRegistered Bankers to an IssueSelf Certified Syndicate Banks (SCSBs)National…