BSE cautions investors against fraudulent and fake social media handles
BSE cautions investors and the public at large against falling prey to such misleading social media handles/ entities and advises the investors/ public to verify the authenticity of social media handles claiming to be associated / to represent BSE. Investors/ public should only engage with BSE’s officially verified social media handles listed below for accurate and reliable information.
SEBI Extends timeline for submission of public comments on the consultation Paper on Consultation Paper to Revise and Revamp Nomination in Securities Market
It has been decided to extend the timeline for submission of comments to March 28, 2024.
RBI announces Arrangements with Card Networks for issue of Credit Cards
On a review, it is observed that some arrangements existing between card networks and card issuers are not conducive to the availability of choice for customers. RBI has directed that the card issuers shall not enter into any arrangement or agreement with card networks that restrain them from availing the services of other card networks. Card issuers shall provide an option to their eligible customers to choose from multiple card networks at the time of issue. For existing cardholders, this option may be provided at the time of the next renewal.
Amendment to the Master Direction – Credit Card and Debit Card – Issuance and Conduct Directions, 2022
Instructions relating to credit cards shall apply to all credit card issuing Banks and Non-Banking Financial Companies (NBFCs). Instructions relating to debit cards shall apply to every bank operating in India.
RBI FAQs in the Depositor Education and Awareness (DEA) Fund Scheme in 2014
The Reserve Bank of India (RBI), in its constant endeavor to safeguard depositor interests and promote financial literacy, issued FAQs in the Depositor Education and Awareness (DEA) Fund Scheme in 2014. This initiative aims to address unclaimed deposits, educate depositors, and facilitate the refund process in a transparent and efficient manner.
FAQ on UDGAM Portal
In order to facilitate easier access to information regarding unclaimed deposits, the Reserve Bank of India (RBI) has introduced the UDGAM portal – an innovative solution aimed at simplifying the process of locating and reclaiming dormant accounts.
RBI FAQ on comprehensive guidelines in the form of Master Direction (MD) on Credit Card and Debit Card – Issuance and Conduct Directions, 2022
The Reserve Bank of India (RBI) has issued comprehensive guidelines in the form of Master Direction (MD) on Credit Card and Debit Card – Issuance and Conduct Directions, 2022, aiming to ensure fair practices and protect consumers’ interests. The Frequently asked questions (FAQs) regarding these guidelines provide clarity and understanding about the guidleines.
BIS Revises Concession In Fees Under Conformity Assessment Regulations
The Indian government has unveiled the Bureau of Indian Standards (Conformity Assessment) Amendment Regulations, 2024, aimed at refining the existing regulations to better accommodate the needs of businesses, particularly micro, small, and medium enterprises (MSMEs) and start-ups. Key amendments include adjustments to concession rates in processing fees for MSMEs and start-ups.
MoP Advises GENCOs On Timely Import Of Coal For Maximizing Production In Coal Mines
The Ministry of Power (MoP) has extended its prior advisory on blending of imported coal at 6% by weight from March 2024 to June 2024. GENCOs must ensure that their imported coal contracts continue coal supplies till June 2024. They are also encouraged to continuously monitor their coal stock positions and opt for blending in accordance with their requirements.
CPCB Directs States To Take Action Against Defaulting Battery Waste Recyclers
The Central Pollution Control Board (CPCB) has directed all State Pollution Control Boards (SPCBs)/ Pollution Control Committees (PCCs) to issue notices to all battery waste recyclers who have not uploaded requisite documents/ invoices for generation of EPR credits on the EPR Portal, suspend/ withdraw/ cancel CTO of defaulting waste battery recyclers and verify documents/ invoices/ information uploaded by battery waste recyclers on the EPR portal.
