Damaged Currency Notes

Reserve Bank of India (RBI) has informed that no instance of damage of currency notes in various public sector banks across the country have been brought to their notice in the recent past. However, during the year 2010 currency notes amounting to Rs. 3.75 crores kept in Currency Chest at SBI Fatehpur, Barabanki (U.P.) were… Read More

Tags: BanknoteCurrencyFIFOLok SabhaLucknowministry of financeReserve Bank of IndiaRun batted in

SEBI Arbitration Mechanism in Stock Exchanges – Investor Service Centres

CIRCULAR CIR/MRD/ICC/21/2013 05.07.2013 The Managing Director/Executive Director, All Stock Exchanges with nation-wide terminals Dear Madam/Sir, Subject: Arbitration Mechanism in Stock Exchanges 1. Reference may be made to circulars no. CIR/MRD/DSA/24/2010 dated August 31,2010, CIR/MRD/SA/03/2012 dated January 20, 2012 and CIR/MIRSD/2/2012 dated February 15, 2012 regarding investor service centres providing inter alia arbitration facility (arbitration as well as appellate arbitration).… Read More

Tags: BangaloreGurgaonLucknowPatnaSEBISecurities & Exchange Board of IndiaStock exchangeVadodara

SEBI (Investment Advisers) Regulations, 2013

The SEBI (Investment Advisers) Regulations, 2013 (IA Regulations) were notified on January 21, 2013 and have come into effect from April 21, 2013. The IA Regulations are available on the SEBI website In terms of the IA Regulations, no person shall act as an investment adviser or hold itself out as an investment adviser unless… Read More

Tags: AhmedabadGuwahatiIndoreKolkataLucknowMumbaiSEBISecurities & Exchange Board of India

India and UAE Sign MoU on Air Services

  India and United Arab Emirates (UAE) signed an MoU on Air Services, following the two-day bilateral negotiation at Abu Dhabi today. The UAE had urged India to allocate additional 40,000 seats per week, grant Goa, Pune, Amritsar and Lucknow as additional points of calls, remove the maximum cap prescribed from each point of call… Read More

Tags: Abu DhabiAmritsarIndiaLucknowMemorandum of understandingPuneUAEUnited Arab Emirates

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