RBI Update- Formation of new district in the State of Sikkim – Assignment of Lead Bank Responsibility- 13th February, 2023
Reserve Bank of India vide its Circular dated 13 th February, 2023 has informed that Government of Sikkim, vide Gazette Notification No.50/LR&DMD/ACQ/GOS dated December 20, 2021, had notified formation of a new district …
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RBI Update- Issuance of PPIs to Foreign Nationals / Non-Resident Indians (NRIs) visiting India- 10th February, 2023
RBI vide its Circular dated 10 th February, 2023 issued a Circular regarding the issuance of PPIs to Foreign Nationals / Non-Resident Indians (NRIs) visiting India. This has a reference to the Statement on Developme…
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SEBI Update: Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA dated 8th February, 2023
SEBI vide its Circular dated 8th February, 2023 issued a circular regarding allowing the entities to use e-KYC Aadhar Authentication services of UIDAI in the securities market as sub-KUA. The SEBI issued Circular No…
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RBI Update- Standing Liquidity Facility for Primary Dealers dated 8th February, 2023
Reserve Bank of India vide its Circular dated 8 th February, 2023 decided to increase the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25 per cent to 6.50 per cent by the Monet…
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RBI Update: Liquidity Adjustment Facility- Change in rates dated 8th February, 2023
Reserve Bank of India vide its Circular dated 8 th February, 2023 announced in the Monetary Policy Statement dated February 08, 2023, it has been decided by the Monetary Policy Committee (MPC) to increase the policy repo…
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RBI Update- Standing Liquidity Facility for Primary Dealers- 8th February, 2023
Reserve Bank of India vide its Circular dated 8 th February, 2023 decided to increase the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25 per cent to 6.50 per cent by the Monet…
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RBI Update: Implementation of Section 51A of UAPA,1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List (Amendments to 29 entries) dated 3rd February, 2023
Reserve Bank of India vide its Circular dated 3 rd February, 2023 has referred to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10, 2021 (MD on KYC), in terms of which…
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RBI Update: Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/ 1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Addition of 1 entry dated 30th January, 2023
Reserve Bank of India vide its Circular dated 30 th January, 2023 has referred to Section 51 of our Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10 , 2021 , wherein it is mentioned tha…
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RBI Update: Designation of 3 individuals as ‘Terrorists’ under Section 35 (1) (a) of the Unlawful Activities (Prevention) Act (UAPA), 1967 and their listing in the Schedule IV of the Act-Reg dated 24th January, 2023
Reserve Bank of India vide its circular dated 24 th January, 2023 has referred to Section 53 of its Master Direction on Know Your Customer dated February 25, 2016 as amended on May 10, 2021 wherein it has directed that t…
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RBI Update: ‘Fully Accessible Route’ for Investment by Non-residents in Government Securities – Inclusion of Sovereign Green Bonds dated 23rd January, 2023
Reserve Bank of India vide its Circular dated 23 rd January, 2023, has issued a notification regarding the ‘Fully Accessible Route’ (FAR) for Investment by Non-residents in Government Securities – Inclusion of Sovereign …
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