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Restriction on Storage of Actual Card Data [i.e. Card-on-File (CoF)]

June 24, 2022 All Payment System Providers and Payment System ParticipantsMadam / Dear Sir, Reference is invited to Reserve Bank of India (RBI) circulars DPSS.CO.PD.No.1810/02.14.008/ 2019-20 dated March 17, 2020…

Master Circular – Housing Finance for UCBs

June 23, 2022 All Primary (Urban) Co-operative Banks Madam/Dear Sir, Please refer to our Master Circular DCBR.BPD.(PCB) MC No.9/09.22.010/2015-16 dated July 1, 2015 on the captioned subject (available at RBI…

Extension of timeline for implementation of certain provisions of Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022

June 21, 2022 All Scheduled Banks (excluding Payments Banks/State Co-operative Banks and District Central Cooperative Banks)All Non-Banking Financial Companies (NBFCs) Please refer to paragraph 1 (b) of the Master Direction…

Income-tax (18th Amendment) Rules, 2022.

G.S.R. 458(E).—In exercise of the powers conferred by section 295 read with sub-section (2) of section 92CB of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct…

Processing of e-mandates for recurring transactions

June 16, 2022 The Chairman / Managing Director / Chief Executive OfficerAll Scheduled Commercial Banks, including Regional Rural Banks /Urban Co-operative Banks / State Co-operative Banks /District Central Co-operative Banks…

Sovereign Gold Bond (SGB) Scheme 2022-23

June 16, 2022 Scheduled Banks (as per the list attached),Designated Post Offices (as per the list attached)Stock Holding Corporation of India Ltd.National Stock Exchange of India Ltd, Bombay Stock Exchange…

Cost Inflation Index for Financial Year 2022-23

New Delhi, the 14th June, 2022 S.O. 2735(E). In exercise of the powers conferred by clause (v) of the Explanation to section 48 of the Income-tax Act, 1961 (43 of…

Bank finance to Government owned entities

June 14, 2022 All Scheduled Commercial Banks(Excluding RRBs) Madam / Dear Sir Please refer to the Master Circulars DBR.No.Dir.BC.10/13.03.00/2015-16 dated July 1, 2015 on ‘Loans and Advances – Statutory and…

Companies (Appointment and Qualification of directors)Second ammendment rules, 2022

G.S.R. 439(E).—In exercise of the powers conferred by section 149 read with section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules…

Discontinuation of Return under Foreign Exchange Management Act, 1999

Attention of Authorised Persons is invited to A.P. (DIR series) circular No 26, dated February 18, 2022, wherein Authorised Persons were advised about proposed discontinuation of the return “Details of…