Quick updates to help our readers stay up to date on various legal and regulatory developments. It is not intended to be an analysis on the subject, but merely a brief snapshot.
On October 16, 2019, the Ministry of Finance issued a notification under sub-section (7) of section 6 of the Foreign Exchange Management Act, 1999,...
On October 14, 2019, the Reserve Bank of India (“RBI”) issued a notification on lending by banks and All-India Financial Institutions to Infrastruc...
The Reserve Bank of India in its notification dates September 17, 2019 placed on its website the Discussion Paper on Guidelines for Payment Gateway...
On June 28, 2019, the Reserve Bank of India (“RBI”) issued a circular on ‘Permission to acquire financial asset from other Asset Reconstruction Com...
The Reserve Bank of India, vide a notification dated June 20, 2019 (“Notification”), has issued directions in relations to ‘Rollout of the foreign ...
On May 17, 2019, the Calcutta High Court (“Court”) passed an order in the case of Sun Pharmaceuticals Industries Ltd. & Anr. v. State Bank of India...
The Reserve Bank of India (“RBI”), on May 24, 2019, has released a draft circular pertaining to ‘Liquidity Risk Management Framework for Non-Bankin...
On May 16, 2019, the Reserve Bank of India (“RBI”) issued a notification titled ‘Risk Management System – Appointment of Chief Risk Officer (CRO) f...
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