RBI circular on Settlement of Interest Rate Futures- UCBsraj kumar makkadEmail thisPrint this
Other than just expressing concerns and sending alert signals, NBFCs may need to do self introspection and course correction, for which they would have expected granular observations, as in the case of gold lending vide circular dated September 30, 2024. It may be the expectation of the ...
I/We am/are desirous of availing the Real Time Gross Settlement Facility offered by Standard Chartered Bank through the RBI RTGS System. In consideration of the Bank agreeing to extend to me/us the said RTGS facility, I/We hereby agree to and undertake the following Terms and Conditions whic...
The circular contains specific deadlines for addressing company appeals of rating actions taken during the periodic rating surveillance. These changes will be applicable, with effect from August 01, 2024. The revised regulations require CRAs to notify companies of their ratings one working day following...
(ii) Protection selling by FPIs shall be subject to the provisions of A.P. (DIR Series) Circular No. _ dated xxxx xx, 2021 (to be issued). 7. Operational Directions for CDS in OTC market 7.1 Buying, Unwinding and Settlement
A draft circular in this regard will be issued shortly for public comments. 5. Discussion Paper on Scale-based Regulatory Framework for NBFCs The contribution of NBFCs as a supplemental channel of credit intermediation alongside banks is well recognised. Regulatory regime governing the NBFC sect...
Therefore, RBI considered it important to have unfettered supervisory access to data stored with the system providers as also with their service providers, intermediaries, TPAPs, and other entities in the payment ecosystem, and issued a circular on April 6, 2018, "mandating all system providers to...
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 ...
when the KFS circular was first introduced, there was some ambiguity regarding whether both the MITC and KFS would apply to HFCs. This confusion arose because both disclosures contained overlapping information. However, with the recent updates to the HFC Directions on October 10, 2024, clarity has...
4. AD banks may bring the contents of this circular to the notice of their constituents concerned and advise entities who undertake large value transactions (₹50 crore and above) under FEMA, 1999 to obtain LEI in time, if they do not already have one issued. 5. Enti...