RBI A.P. (DIR Series) Circular No. 38 Dated 02.03.2010raj kumar makkadEmail thisPrint this
RBI has removed restrictions imposed on AEBC on on-boarding of new domestic customers with immediate effect. RBI has removed restrictions in view of the satisfactory compliance demonstrated by AEBC with RBI’s April 2018 circular on “Storage of Payment System Data.” By order dated April 23, ...
“Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology...
Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. 14018 News OKEx Launches Indian P2P Trading Platform Despite Legal Uncertainty Aug 05, 2020 by Jack Martin OKEx has launched a peer-to-peer trading platform...
To check this loophole, the RBI has vide a notification dated 6th August, issued fresh guidelines in respect of opening and operating CC/OD/Current accounts of borrowers which are mandatory to be followed by all branches.
. However, structuring an AIF to invest predominantly or exclusively in entities within the same group raises concerns regarding compliance with SEBI’s regulatory framework, particularly its diversification. SEBI imposes strict investment concentration limits, as outlined in one of its Circular3....
Today, banks and NBFCs follow the latest RBI guidelines on co-lending, as published in the circular dated November 5th, 2020. Here’s a breakdown of all the regulations around the co-lending industry. Table of Contents What is Co-Lending?
where the Hon'ble High Court set aside the Reserve Bank's circular regarding withdrawal of improvements. Since then, there has been persistent demand from all the pensioners/retirees for improvements in pensions. However, the matter remains unresolved till date, though the Reserve Bank and the Gov...
As per RBI draft circular, the current arrangements between card networks and card issuers do not provide customers with sufficient choices. A customer is bound to use the network provided by the card issuers. The circular has mandated card issuers to offer cards on more than one card network ...
Please peruse below the text of an important and relevant portion of a simple query, supported with a clear example, I posed to DBR (RBI). The circular below was issued by RBI following the policy statement of Governor RBI in Oct 2017 under the title: Under t...