On October 22, 2021, the RBI introduced the Scale-Based Regulation (SBR) framework for NBFCs through the circular titled “A Revised Regulatory Framework for NBFCs” (‘SBR Circular’)[1]. This framework applied to all NBFCs, including Core Investment Companies (CICs) and Housing Finance Comp...
In a recently released draft circular, RBI has proposed new rules of dividend payout for domestic and overseas banks operating in India. The proposed rules will be effective from fiscal year 2024-25 onwards. RBI has invited public feedback on the proposed rules by 31 January, 2024. The draft...
RBI/2011-12/2 Master Circular No
2013. Their status as staff candidate will be verified at the time of interview. In case they are not eligible to be treated as staff candidates (in terms of above referred HRMD circular), they are advised to indicate themselves as non-staff candidates and pay fees/ intimation charges as ...
Earlier this year, Karnataka’s transport departmentissueda circular introducing uniform fares for cab aggregators like Ola and Uber, dividing cab rides into three categories based on the vehicle’s price. 12,000 have joined out of 1.25 lakhs ...
The credit card limits for nominal members shall be as prescribed in the circular UBD.No.Plan.PCB.20/09.63.00/96-97 dated October 16, 1996 as amended from time to time. iv. The total unsecured loans and advances (with surety or without surety or cheque purchases) g...
Earlier this year, Karnataka’s transport departmentissueda circular introducing uniform fares for cab aggregators like Ola and Uber, dividing cab rides into three categories based on the vehicle’s price. 12,000 have joined out of 1.25 lakhs ...