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How to keep your debit, credit card transaction safe? SBI shares 5 tips

SBI recently came up with comprehensive digital security guidelines for customers to ensure safe and secure transactions. (Mint) SBI has offered some safety tips on the usage of credit card…

Frauds to beware of if you shop online

Synopsis : Online sales platforms are one of the most recent ways that con artists deceive buyers. Let’s take a look at how it works and what measures should be…

Review of Minimum Investment Grade Credit Ratings for Deposits of NBFCs

May 02, 2022 All Deposit taking NBFCs (including deposit taking HFCs)Dear Sir/ Madam, Please refer to para 9 of Master Direction – Non-Banking Financial Companies Acceptance of Public Deposits (Reserve…

Judgement on service of notice to registered mail address of the Corporate Debtor.

Subject Insolvency and Bankruptcy Code, 2016 Case Rajnish Gupta vs Union Bank of India Tribunal NCLAT, New Delhi Spirit of the Case Validity of service of notice to e-mail address…

Income-tax (Eleventh Amendment) Rules, 2022.

G.S.R. 325(E).—In exercise of the powers conferred by sub-section (8A) of section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct…

Guidelines on Compensation of Key Managerial Personnel (KMP) and Senior Management in NBFCs

April 29, 2022 As you are aware, a revised Scale Based Regulatory (SBR) framework for NBFCs was put in place vide circular DOR.CRE.REC.No.60/03.10.001/2021-22 October 22, 2021 In terms of para…

Modification in the Operational Guidelines for Foreign Portfolio Investors, Designated Depository Participants and Eligible Foreign Investors – SEBI to generate FPI registration number and both the Depositories to host the CAF.

To, All Foreign Portfolio Investors (“FPIs”) through their Designated Depository Participants (“DDPs”) Designated Depository Participants (“DDPs”) The Depositories (NSDL and CDSL) 1. The SEBI (Foreign Portfolio Investors) (Amendment) Regulations, 2022…

Report on Currency and Finance (RCF) for the year 2021-22

The Reserve Bank of India has released the Report on Currency and Finance (RCF) for the year 2021-22 today. The theme of the Report is “Revive and Reconstruct” in the…

Underwriting Auction for sale of Government Securities for ₹33000 crore on April 29, 2022

Government of India has announced the sale (re-issue) of Government Stock detailed below through auctions to be held on April 29, 2022. As per the extant scheme of underwriting notified…

Modified Interest Subvention Scheme for Short Term Loans for Agriculture and Allied Activities availed through Kisan Credit Card (KCC) during the financial year 2021-22

April 28, 2022 The Chairman / Managing Director / Chief Executive OfficerAll Public Sector Banks, Private Sector Banks andSmall Finance Banks Madam/Dear Sir, Please refer to our letter FIDD.CO.FSD.No.342/05.02.001/2020-21 dated…