The Reserve Bank of India (RBI) has released a notification dated September 13, 2019 in relation “Draft Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector”.
The Reserve Bank of India (RBI) has issued a notification RBI/2019-20/44 A.P. (DIR Series) Circular No. 06 dated August 16, 2019 in relation Foreign Exchange Management
The Jammu and Kashmir Reorganisation Bill, 2019 dated August 05, was introduced in the Rajya Sabha on August 5, 2019 by the Minister of Home Affairs.
The Central Universities (Amendment) Bill, 2019 dated July 16, 2019, was introduced in Lok Sabha by Minister of Human Resource Development on July 8, 2019.
The Reserve Bank of India vide letter no. DCM (FNVD) G –1/16.01.05/2019-20 has issued a master circular RBI/2019-20/01 dated July 01, 2019 in relation to Detection and Impounding of Counterfeit Notes. The Master Circular has since been updated by incorporating the instructions issued till July 1, 2019
The Reserve Bank of India (RBI) has issued a notification RBI/2018-19/217 dated June 20, 2019 in relation to rollout of the ‘foreign exchange trading platform for retail participants – FX-Retail’. “The platform, FX- Retail, is ready for rollout by the Clearing Corporation of India Limited (CCIL) on August 05, 2019.
The Reserve Bank of India (RBI) has issued a notification RBI/2018-19/196 dated June 03, 2019 to capture exposures and concentration risk of banks more accurately and to align the “Large Exposures Framework (LEF)” instructions with international norms.
The Reserve Bank of India (RBI) has issued a notification RBI/2018-19/184 dated May 16, 2019 in
relation to Risk Management System – Appointment of Chief Risk Officer (CRO) for NBFCs.
The Reserve Bank of India (RBI) has issued a notification RBI/2018-19/179 dated May 06, 2019 in relation Priority Sector Lending – Targets and Classification
In order to increase the accessibility and efficiency of services extended to the members of the public for their day-to-day non-trade current account transactions, it has been decided that Systemically Important Non-Deposit taking Investment and Credit Companies shall be eligible for Authorized Dealer- Category II (AD- Cat II) licence, subject to meeting the specified conditions. In this context, the Reserve Bank of India (RBI) has issued