Seeks to waive penalty payable for non-compliance of provisions of Notification No. 14/2020 dated 21st March 2020
New Delhi, the 30th June, 2021 G.S.R……(E).- In exercise of the powers conferred by section 128 of the Central Goods and Services Tax Act, 2017 (12 of 2017) (hereafter in…
Review of Instructions on Interest on overdue domestic deposits
July 02, 2021 All Scheduled Commercial Banks (including RRBs) All Small Finance Banks All Local Area Banks All Primary (Urban) Co-operative Banks/ District Central Co-operative Banks/ State Co-operative Banks Dear…
Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit – Extension
July 1, 2021 All Scheduled Commercial Banks (excluding RRBs), Small Finance Banks, Primary (Urban) Cooperative Banks and EXIM Bank Dear Sir / Madam, Please refer to the instructions issued vide…
Guidelines for Managing Risk in Outsourcing of Financial Services by Cooperative Banks
June 28, 2021 The Chief Executive Officer All Co-operative Banks Madam / Dear Sir, It is observed that the co-operative banks are increasingly using outsourcing as a means for reducing…
New Definition of Micro, Small and Medium Enterprises
June 25, 2021 The Chairman/ Managing Director/Chief Executive OfficerAll Commercial Banks(including Small Finance Banks, Local Area Banks and Regional Rural Banks)All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative…
Appointment of Chief Risk Officer in Primary (Urban) Co-operative Banks
June 25, 2021 The Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam/ Dear Sir, With increasing size and scope of business, Primary (Urban) Co-operative Banks (UCBs) are gradually getting exposed…
Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021
June 25, 2021 ToAll Eligible Market Participants Madam / Sir Please refer to the Master Direction – Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2021 dated…
Appointment of Managing Director (MD) / Whole-Time Director (WTD) in Primary (Urban) Co-operative Banks
June 25, 2021 The Chairman / Managing Director / Chief Executive OfficerAll Primary (Urban) Co-operative Banks Madam / Dear Sir, In terms of powers conferred under Sections 10, 10B, 10BB,…
Companies (Accounting Standards) Rules, 2021.
New Delhi the 23rd June, 2021 G.S.R………. (E).— In exercise of the powers conferred by section 133 read with section 469 of the Companies Act, 2013 (18 of 2013) and…
Declaration of dividends by NBFCs
June 24, 2021 All Non-Banking Financial Companies (NBFCs) Madam / Sir, In order to infuse greater transparency and uniformity in practice, it has been decided to prescribe guidelines on distribution…