RBI announces results of its First Global Hackathon – HARBINGER 2021
June 02, 2022 The Reserve Bank had launched its first global hackathon – “HARBINGER 2021 – Innovation for Transformation” with the theme ‘Smarter Digital Payments’ which was communicated vide Press…
Reserve Bank of India imposes monetary penalty on MUFG Bank Ltd.
May 27, 2022 The Reserve Bank of India (RBI) has imposed, by an order dated May 25, 2022, a monetary penalty of ₹45 Lakh (Rupees Forty-five lakh only) on MUFG…
SEBI withdraws Permanent Recognition granted to Indian Commodity Exchange Ltd.
1. In exercise of the powers conferred under sub-section (1) of section 5 of the Securities Contracts (Regulation) Act, 1956, the Securities and Exchange Board of India has withdrawn the…
Governor, Reserve Bank of India meets MD & CEOs of Public and Private Sector Banks
May 18, 2022 The Governor, Reserve Bank of India held meetings with the MD & CEOs of select Public and Private Sector Banks on May 17 and 18, 2022. The…
SEBI constitutes advisory committee on Environmental, Social and Governance (ESG) matters
I. SEBI has constituted a committee for advising on ESG-related matters in the securities market. The members of the committee are: S. No. Name Designation 1 Chair of Committee –Mr.…
Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016
The Insolvency and Bankruptcy Board of India (Board) notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022 (Amendment Regulations 2022) on 28th April, 2022. 2. On…
The Insolvency and Bankruptcy Board of India invites comments from the public on the Regulations notified under the Insolvency and Bankruptcy Code, 2016
6th May, 2022 Section 240 of the Insolvency and Bankruptcy Code, 2016 (Code) empowers the Insolvency and Bankruptcy Board of India (IBBI) to make regulations. For this purpose, IBBI has…
Monetary Policy Statement, 2021-22 Resolution of the Monetary Policy Committee (MPC) May 2 and 4, 2022
May 04, 2022 On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (May 4, 2022) decided to:…
SEBI issues operational guidelines for “Security and Covenant Monitoring using Distributed Ledger Technology (DLT)”
In order to strengthen the process of security creation and monitoring of security created, asset cover and covenants of the non-convertible securities, SEBI vide circular dated August 13, 2021 had…
Reserve Bank clarifies on the mode of receipt of complaints under Reserve Bank – Integrated Ombudsman Scheme 2021(RB-IOS)
March 09, 2022 Instances of misinformation being spread through certain sections of the social media about the Reserve Bank – Integrated Ombudsman Scheme 2021 (RB-IOS) have come to the notice…