RBI directs Credit Institutions and Credit Information Companies shall keep the credit information collected/maintained by them updated regularly on a fortnightly basis
CICs shall provide a list of CIs which are not adhering to the fortnightly data submission timelines to Department of Supervision, Reserve Bank of India, Central Office at half yearly intervals (as on March 31 and September 30 each year) for information and monitoring purposes.
Revised regulatory framework for HFCs and harmonization of regulations applicable to HFCs and NBFCs
Deposit taking NBFCs are required to maintain liquid assets under Section 45-IB of the RBI Act and such liquid assets shall be entrusted for safe custody with specified entities.
IRDAI directions to insurers to settle Insurance claims relating to landslides in Wayanad, Kerala
All Insurance Companies are advised to mobilise all resources to ensure
immediate service response including outsourced functions such as Surveyors, Loss Adjustors and Investigators.
SEBI Annual report 2023-2024
The Report is prepared as per the format laid down in SEBI (Annual Report) Rules, 2021 and covers the policies, programmes and activities of SEBI and market trends for the period April 2023 -March 2024.The Report is available at the Reports/Publications section of the SEBI website.
SEBI Master Circular for Stock Brokers
The new master circular provides that Stock Exchanges shall verify the antecedents of an applicant seeking registration as stock broker before granting admission as a member of Stock Exchange and also submit a declaration at the time of forwarding the applications for registration with SEBI, to the effect that the member has not been convicted of any offence involving fraud or dishonesty.
SEBI statement on the Hindenburg Research’s Report
Investors should remain calm and exercise due diligence before reacting to such reports. Investors may also like to take note of the disclaimer in the report that states that readers should assume that Hindenburg Research may have short positions in the securities covered in the report.
Updates on Recent Notifications and Amendments in Himachal Pradesh
On August 5, 2024, the Himachal Pradesh Town and Country Planning Department issued a notification to amend the Himachal Pradesh Town and Country Planning Rules, 2014.
New Regulations and Price Caps in Himachal Pradesh
Shimla, August 2024 Recent updates from various departments in Himachal Pradesh include crucial amendments and new regulations impacting construction, electricity supply, and retail pricing.
Navigating ESIC’s 2024-25 Recovery Plan: What You Need to Know
The Employees’ State Insurance Corporation (ESIC) has issued updated guidelines to meet recovery targets for the fiscal year 2024–25. Following disappointing results in 2023–24, this directive highlights essential actions to enhance recovery efforts.
Karnataka Introduces New Regulations for Peer-to-Peer Solar Energy Transactions
The Karnataka Electricity Regulatory Commission (KERC) has unveiled new regulations aimed at advancing peer-to-peer (P2P) solar energy transactions.
