The Hazardous and Other Wastes (Management and Transboundary Movement) Rules, 2016
The import of ‘post-industrial or pre-consumer polyethylene wastes’ and ‘Polymethyl Methacrylate’ is permitted to units in Special Economic Zones and Export Oriented Units notified by the Central Government.
RBI withdraws circulars on recovery of excess pension made to pensioners
RBI in order to check the practice of recovery of excess /wrong pension payments from the pensioners made in a manner that is not in keeping with the extant guidelines / Court orders, has withdrawn circulars issued for recovery of excess pension.
RBI strengthens the Grievance Redress Mechanism in Banks.
At present, redress of complaints under BO Scheme, 2006 (BOS) is cost-free for banks as well as their customers. Given that the banker-customer relationship is the primary relationship, the main responsibility of customer grievance redress lies with banks.
Banks shall use the ratings of CRISIL for risk weighting their claims for capital adequacy purposes.
The rating-risk weight mapping for the long term and short-term ratings assigned by CRISIL Ratings Limited will be the same as was in the case of CRISIL Limited and there is no change in the rating symbols earlier assigned by CRISIL Limited.
Ministry of Finance Publishes the Nationalised Banks (Management and Miscellaneous Provisions) Amendment Scheme, 2021.
The nationalized bank is required by law to do any act and in order to do so the recommendations or approval of the Committee of the Board of the bank is required, and if the Board is satisfied that quorum for meeting of such Committee cannot be met on account of either existence of any vacancy in such Committee or recusal by member thereof, the Board may do that act or thing.
The date of self-certification for SPV inverters has been extend to 30th June 2021 by Ministry of new and renewable energy.
The self-certification for SPV inverters has been extended till June 30, 2021 subject to the condition that such manufacturers have valid IEC certificates corresponding to IS.