Updates



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.

11th Jan, 2022

RBI issues clarification on acquisition or transfer of immovable property in India by NRI/OCI

  • Finance

29th Dec, 2021

RBI: Changes to all-in-cost benchmark and ceiling for foreign currency ECBs and trade credits

  • Finance

15th Dec, 2021

RBI introduces Legal Entity Identifier for cross-border transactions

  • Finance

24th Nov, 2021

RBI issues clarifications on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances

  • Finance

22nd Oct, 2021

RBI mandates adherence to the uniform data format for furnishing of credit Information to credit information companies

  • Finance

15th Sep, 2021

RBI issues Master Directions on Prepaid Payment Instruments

  • Finance

14th Jun, 2021

Bombay HC decides whether non-compliance of provisions of SARFAESI by a lender would permit a borrower to approach the civil courts

  • Finance,
  • Disputes & ADR

09th Jun, 2021

RBI: Eligibility limit enhanced from INR 25 crore to INR 50 crore, for MSME, individuals and small businesses

  • Corporate and M&A,
  • Finance

07th Jun, 2021

Banks/Financial institutions can institute/continue proceedings against guarantors under SARFAESI during pendency of proceedings under IBC against the principal borrower

  • Finance

01st Jun, 2021

RBI issues clarification on dealing with cryptocurrencies

  • Finance

18th May, 2021

Reserve Bank of India amends the 'Master Direction- Know Your Customer Direction

  • Finance

19th Apr, 2021

RBI constitutes a new regulation review authority to simplify compliance

  • Finance



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