The Reserve Bank of India vide circular dated January 06, 2022 has revised the definition of Small Business Customers for prior circulars. The amendment has directed Commercial Banks other than Regional Rural Banks, Local Area Banks and Payments Banks shall refer to RBI Master Circular on Basel III Capital Regulations dated July 1, 2015, for the definition of Small Business Customers.
It is proposed that the regulated entities maybe mandated to maintain the record of all such communication, which are mandated to be communicated under the
The suggestion relating to the appointment process aims to achieve better shareholder participation in the appointment process of PIDs. For improving ease of doing business
It is proposed that merchant bankers, other than Banks, Public Financial Institution and their subsidiaries, shall undertake only those activities, which are related to securities
DoT has notified ‘Telecommunications (Administration of Digital Bharat Nidhi) Rules, 2024’. The rules provide for powers and functions of administrator, who will be responsible for
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