The Reserve Bank of India has today placed on its website the Discussion Paper on margin requirements for non-centrally cleared derivatives. RBI invites feedback/comments on the policy proposals contained in this document, especially on the specific questions raised in the paper. The feedback/comments on the policy proposals contained in this document, especially on the specific… Read More
CIRCULAR SEBI/HO/CFD/DCR1/CIR/P/2016/52 May 02, 2016 To All Listed Entities All Recognised Stock Exchanges All Registered Merchant Bankers Dear Sir/Madam, Sub: Revised Formats under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 1. SEBI vide circular No. SEBI/CFD/DCR/SAST/1/2011/09/23 dated September 23, 2011 has, inter alia, prescribed the format for report to be furnished to stock… Read More
Forms INC-23, FC-2, INC-28, AOC-4 and INC-1 have been recently updated on MCA21 portal. Stakeholders are advised to download the latest version before filing Read More
FDI is permitted in Indian entities that carry out single brand retail via e-commerce. To encourage investment in e-commerce sector, FDI policy permits 100% foreign investment under the automatic route in companies engaged in e-commerce provided that such companies would engage only in Business to Business (B2B) e-commerce. Further, an entity is permitted to undertake… Read More
The MCA21 portal requires specific Java settings on your desktop computer. Click here to view the step-by-step procedure to configure the settings before using the MCA21 services - login, upload of eforms, sign using DSC etc Read More
During his last visit to Germany in April 2015, Hon. Prime Minister apprised the German companies that the regulatory regime in India is much more transparent, responsive and stable. Lots of efforts have been made and are still underway to improve the Ease of Doing business in the Country. Steps have been taken to open… Read More
Lok Sabha Report of the Joint Committee on the Insolvency and Bankruptcy Code, 2015 Sixteenth Lok Sabha Presented to Lok Sabha on 28 April, 2016 Laid in Rajya Sabha on 28 April, 2016 To Download the complete report, please click on the link below: Report of the Joint Committee on the Insolvency and Bankruptcy Code,… Read More
RBI/2015-16/384 A.P. (DIR Series) Circular No. 64/2015-16 [(1)/13(R)] April 28, 2016 To All Category - I Authorised Dealer and Authorised Banks Madam/ Sir Foreign Exchange Management (Remittance of Assets) Regulations, 2016 Attention of Authorised Dealers (ADs) is invited to (a) A.D. (M.A. Series) Circular No. 11 dated May 16, 2000 in terms of which ADs… Read More
RBI/2015-16/388 DNBR.CO.PD.No.080/03.10.01/2015-16 April 28, 2016 All Standalone Primary Dealers Madam/ Sir, Risk Weight in respect of investments in Corporate Bonds by Standalone Primary Dealers (SPDs) In terms of the Capital Adequacy Standards and Risk Management Guidelines for SPDs, risk weight of 100% has been stipulated in respect of investments in corporate bonds, for the purpose… Read More
RBI/2015-16/387 FMRD.FMID.8/14.01.02/2015-16 April 28, 2016 All RBI regulated entities Madam/Sir, F-TRAC – Counterparty Confirmation A reference is invited to RBI circular FMRD.FMID.01/14.01.02/2014-15 dated December 19, 2014 waiving the requirement of exchange of physical confirmation of trades matched on the Financial Market Trade Reporting and Confirmation Platform (“F- TRAC”) of the Clearcorp Dealing Systems (India) Ltd.… Read More
RBI/2015-16/386 A.P. (DIR Series) Circular No.66 April 28, 2016 To, All Authorised Dealer Category-I Banks Madam / Sir, Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non- Resident Exchange Houses: Rupee Drawing Arrangement Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraph (C) 3 vii of the A. P.… Read More
RBI/2015-16/383 Ref.DBS.CO.PPD.BC.No.10/11.01.005/2015-16 April 28, 2016 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) Madam/Dear Sir, Compliance with Jilani Committee Recommendations We invite attention to our circular DBS.CO.PPD.BC.No.39/11.01.005/99-2000 dated June 28, 2000 on Jilani Committee recommendations relating to frauds and malpractices in banks. Attention is also drawn to our circular DBS.ARS.BC.No.4/08.91.020/2010-11 dated November 10, 2010… Read More
MINISTRY OF COMMERCE AND INDUSTRY (Department of Industrial Policy and Promotion) NOTIFICATION New Delhi, the 11th March, 2016 S.O. 1100(E)----In pursuance of the decision taken by the Cabinet Committee of Economic Affairs(CCEA) in its meeting on 2nd March, 2016, the Central Government hereby notifies the winding up of National Manufacturing Competitiveness Council with immediate effect.… Read More