Reserve Bank of India (RBI) has introduced a Prompt Corrective Action Framework (PCA) for Deposit taking and Non deposit taking…
Continue ReadingRBI Update
RBI caps NBFC IPO Funding
RBI has introduced capping on financing provided by NBFC to HNI investors for IPO application from 1st April 2022 Download…
Continue ReadingRBI MPC BI-Monthly Meeting Outcome for August 2021
On 6th August 2021, RBI Governor Shaktikanta Das announced the unanimous decision of the RBI’s Monetary Policy Committee (MPC), a…
Continue ReadingRBI Guidelines on NBFC Dividend Distribution
RBI’s guidelines on distribution of dividend by NBFCs to infuse greater transparency and uniformity in the practice. Download PDF:-
Continue ReadingMay 2021 Macroeconomic, FY20-21 GDP & RBI MPC meet update
India seems to on a downward slide of its second Covid wave looking at number in the past week. However,…
Continue ReadingMacro-Economic Update & RBI’s Recent Monetary Measures to Fight Second Wave of Covid-19
India is amid a resurgent second wave of Covid-19 infections. This has meant that there have been localized disruptions and…
Continue ReadingNotification regarding appointment of auditors for banks
The Reserve Bank of India has issued guidelines for appointment of auditors with respect to banks and NBFCs Download PDF:-
Continue ReadingNotification regarding corporate governance in banks
RBI has issued instructions regarding theappointment of directors and constitution of committee of boards Download PDF:-
Continue ReadingImplementation of Indian Accounting Standards (IND-AS) For NBFC & ARC
RBI circular issued in March 2020 provided that net unrealised gains arising on fair valuation of financial instruments, should not…
Continue ReadingRBI Has Issued Framework for Authorisation of Pan-India Umbrella Entity for Retail Payments
Eligibility: Any resident entity having minimum 3 years of experience in the payments ecosystem as Payment System Operator (PSO)/ Payment…
Continue ReadingExtension of Due-Date for filing FLA return for FY 2019-20
The annual return on Foreign Liabilities and Assets (FLA) is required to be submitted directly by all the Indian companies…
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