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Review of Prudential Norms – Risk Weights for Exposures guaranteed by Credit Guarantee Schemes (CGS)

September 07, 2022 All Scheduled Commercial Banks (including Regional Rural Banks)All Primary (Urban) Co-operative BanksAll Non-Banking Financial Companies (including Housing Finance Companies)All All-India Financial Institutions Dear Sir/ Madam, Please refer…

Incentive for improving service to non-chest branches

September 06, 2022 The Chairman & Managing DirectorManaging Director/ Chief Executive OfficerAll Banks having Currency Chests Madam/ Sir, Please refer to circulars RBI/ 2015-16/ 293 DCM (NPD) No. 2564/ 09.40.02/…

RVKS and Associates Newsletter – Volume 1.25

6.9.2022 Newsletter : https://www.dropbox.com/s/eml0hguoojm1wwr/RVKS%20NewLetter%20%282%29.pdf?dl=0

Performance/return claimed by unregulated platforms offering algorithmic strategies for trading

1. It has come to the notice of the Securities and Exchange Board of India (SEBI) that some unregulated platforms are offering algorithmic trading services/strategies to investors for automated execution…

Guidelines on Digital Lending

A reference is invited to para 7 of the RBI Press Release “Recommendations of the Working Group on Digital Lending – Implementation” dated August 10, 2022. Detailed guidelines on recommendations…

Income-tax (29th Amendment) Rules, 2022.

G.S.R. 677(E).—In exercise of the powers conferred by section 139A read with section 295 of theIncome-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the…

Revision of fees applicable for Limited Insolvency Examination and Valuation Examinations.

Dated : 31st August 2022 To,All Test Administrators All Insolvency Professional AgenciesAll Registered Valuer OrganisationsAll candidates registered in the examination system (Through IBBI website) IBBI conducts the Limited Insolvency Examination…

Government of India notifies the auction for sale (re-issue) of Government Securities.

New Delhi, the 29th August, 2022 Auction for Sale (re-issue) of Government Security (GS) F. No. 4(3)-B(W&M)/2022.— Government of India (GoI) hereby notifies sale (re-issue) of the following Government Securities.…

Companies (Appointment and Qualification of Directors) Third Amendment Rules, 2022.

New Delhi, the 29th August, 2022 G.S.R. 662(E).—In exercise of the powers conferred under second proviso to sub-section(1), sub-section (4), clause (f) of sub-section (6) of section 149, sub-sections (3)…

Amendments to guidelines for preferential issue and institutional placement of units by a listed InvIT

August 26, 2022 ToAll Infrastructure Investment Trusts (“InvITs”)All Parties to InvITsAll Recognised Stock ExchangesAll DepositoriesAll Merchant Bankers Madam/Sir 1. SEBI issued circular SEBI/HO/DDHS/DDHS/CIR/P/2019/143 dated November 27, 2019 providing guidelines for…