Section 45-IA, 45K and 45L of the RBI Act –Deposit Taking NBFC- Grant of Certificate of Registration – Requirement of minimum Net Owned Fund of Rs. 200 lakh for all deposit taking NBFCs

Section 45-IA, 45K and 45L of the RBI Act –Deposit Taking NBFC- Grant of Certificate of Registration – Requirement of minimum Net Owned Fund of Rs. 200 lakh for all deposit taking NBFCs

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ToAll deposit taking NBFCs   RBI/2007-08/369 DNBS (PD) C.C. No. 114 /03. 02.059/2007-08, 17th June 2008(a) As a first step, NBFCs having minimum...

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THE ICSI 6th ALL INDIA NATIONAL MOOT COURT COMPETITION 2008 - RELIVE Co.LTD case

THE ICSI 6th ALL INDIA NATIONAL MOOT COURT COMPETITION 2008 - RELIVE Co.LTD case

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Yes, r u ready to answer these questions..........   1.      RELIVE Co.LTD countered the petition on the following grounds, among others: (1)   RELIVE...

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Foreign Direct Investment Policy

Foreign Direct Investment Policy

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  Consolidated policy on Foreign Direct Investment.   DIPP issued a Press Note  (7/2008) dated 16th June 2008 detailing the summary of the FDI policy...

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RBI Draft Master Circular for public comments

RBI Draft Master Circular for public comments

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  The Reserve Bank has today placed the draft master circular on Foreign Investments in India on its website for public comments. The feedback may...

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RBI - Mobile Payments in India - Operative Guidelines for Banks

RBI - Mobile Payments in India - Operative Guidelines for Banks

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Dear All,With the rapid growth in the number of mobile phone subscribers in India banks have been exploring the feasibility of using mobile...

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STANDING COMMITTEE ON COMMERCE INVITES SUGGESTIONS OF PUBLIC ON ‘FOREIGN AND DOMESTIC INVESTMENT IN RETAIL SECTOR’

STANDING COMMITTEE ON COMMERCE INVITES SUGGESTIONS OF PUBLIC ON ‘FOREIGN AND DOMESTIC INVESTMENT IN RETAIL SECTOR’

2:56 PM / 1 Comments

STANDING COMMITTEE ON COMMERCE INVITES SUGGESTIONS OF PUBLIC ON 'FOREIGN AND DOMESTIC INVESTMENT IN RETAIL SECTOR'           The Committee has already heard some...

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Consultative paper on amendments to SEBI (Prohibition of Insider Trading) Regulations, 1992

Consultative paper on amendments to SEBI (Prohibition of Insider Trading) Regulations, 1992

2:48 PM / 1 Comments

Dear All,   Consultative paper on amendments to SEBI (Prohibition of Insider Trading) Regulations, 1992   Objective of proposed Amendment in SEBI Insider...

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[FEMA]Export of Goods and Services - Payments of Claims by Insurance Companies-Write off & deleting export bills from XOS statement

[FEMA]Export of Goods and Services - Payments of Claims by Insurance Companies-Write off & deleting export bills from XOS statement

10:51 AM / 0 Comments

RBI/2007-08/353 A.P. (DIR Series) Circular No. 49 dated 3rd June 2008 Dear All,   As per A. P. (DIR Series) Circular No.22 dated September...

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[FEMA]Overseas Investments - Liberalisation / Rationalisation, Energy & Natural Resource >400%(Networth) - PRBI; Unincorporated Oil Entities by Navratnas,OVL&OIL - Automatic Route & FormODI;for other Indian Entities >400%(Networth) - PRBI&FormODI; FT

[FEMA]Overseas Investments - Liberalisation / Rationalisation, Energy & Natural Resource >400%(Networth) - PRBI; Unincorporated Oil Entities by Navratnas,OVL&OIL - Automatic Route & FormODI;for other Indian Entities >400%(Networth) - PRBI&FormODI; FT

10:44 AM / 0 Comments

Dear All,    The RBI has made the following changes in Foreign Exchange Management (Transfer or issue of any foreign security) Regulations, 2001...

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[FEMA]Export of Goods and Services-Realisation and Repatriation of Export Proceeds <=12 months

[FEMA]Export of Goods and Services-Realisation and Repatriation of Export Proceeds <=12 months

10:31 AM / 42 Comments

  As per extant provisions of the FEMA, the amount representing the full export value of goods or software exported should be realised...

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[FEMA]ECB by Services Sector <= USD 100million - Approval Route

[FEMA]ECB by Services Sector <= USD 100million - Approval Route

10:20 AM / 0 Comments

Dear All,   External Commercial Borrowings (ECB) by Services Sector -Liberalization As per present ECB guidelines, borrowers in the services sector are not...

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Non Deposit taking, Systematically Important Non Banking Financial Company (NBFC ND SI), Asset Size >= 100 crores - RBI draft guidelines

Non Deposit taking, Systematically Important Non Banking Financial Company (NBFC ND SI), Asset Size >= 100 crores - RBI draft guidelines

11:31 AM / 7 Comments

The Reserve Bank of India (RBI) placed on its website draft guidelines in respect of capital adequacy, liquidity and disclosure norms of non-deposit taking,...

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