RBI Framework for dealing with Domestic Systemically Important Banks
It is clarified that SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same bucketing structure as in the 2023 list of D-SIBs.
RBI Report on Municipal Finances
Comments on this publication may be sent to the Director, Division of Local Finances, Department of Economic and Policy Research, Reserve Bank of India, 1st Floor, Maratha Mandir Road, Mumbai-400 008 or through e-mail.
Operational framework for reclassification of Foreign Portfolio Investment to Foreign Direct Investment (FDI) under Foreign Exchange Management (Non-debt Instruments) Rules, 2019
In consultation with the Government of India and SEBI, the Reserve Bank of India has finalised an operational framework for reclassification of Foreign Portfolio Investment made by Foreign Portfolio Investors (FPI) to Foreign Direct Investment (FDI) under Foreign Exchange Management (Non-debt Instruments) Rules, 2019 in case of any breach of the investment limit by the FPIs concerned.
RBI clarification regarding Reporting of Foreign Exchange Transactions to Trade Repository
Authorised Dealer shall report all FX contracts executed with clients to the TR of CCIL in a phased manner.
New ESIC Circular: Online Submission of Cash Benefit and Maternity Claims Through IP Portal
The new circular aimed at streamlining the submission process for cash benefit claims (such as Sickness Benefits and others) and Maternity Benefit Claims by Insured Persons (IPs)
RBI publishes latest status of withdrawal of ₹2000 Denomination Banknotes
The facility for exchange of the ₹2000 banknotes is available at the 19 Issue Offices of the Reserve Bank (RBI Issue Offices) since May 19, 2023. From October 09, 2023, RBI Issue Offices are also accepting ₹2000 banknotes from individuals / entities for deposit into their bank accounts. Further, members of the public are sending ₹2000 banknotes through India Post from any post office within the country, to any of the RBI Issue Offices for credit to their bank accounts.
Haryana Government Amends Monthly Pension Scheme for Media Persons
Government of Haryana Information, Public Relations & Languages Department on October 22nd 2024 issued a notification approving amendments to the monthly pension scheme for media persons
Important Reminder for Gurugram Establishments: Submit Your EMI ER-II Returns
Employment Department of Haryana has issued an urgent reminder regarding the submission of the EMI ER-II Returns for the reporting period ending September 30, 2023
Timely Disbursement of EPS 95 Pension: Important Update from EPFO
Employees Provident Fund Organization (EPFO) issued a circular regarding the timely disbursement of pensions for EPS 95 pensioners for October 2024
MoF Issued Recent Amendments to the Credit Guarantee Fund for Micro Units (CGFMU)
Ministry of Finance in India announced significant amendments to the Scheme of Credit Guarantee Fund for Micro Units (CGFMU).
