Public Holidays in Goa for 2025: Your Comprehensive Guide
The Government of Goa released a notification detailing the public, special, restricted, commercial and industrial, and bank holidays for 2025
Important Announcement: Submission Deadline for NATS 1.0 Claims
The Board of Practical Training (Eastern Region) issued a crucial notification regarding the submission of claim bills and the upload of the Record of Progress (RoP) through the NATS 1.0 portal.
ESIC Urges Immediate Action on Aadhaar Seeding: New Measures to Boost Compliance
The Employees State Insurance Corporation (ESIC) issued a critical notification emphasizing the urgent need for the implementation of Aadhaar seeding for Insured Persons (IPs), ESIC employees, and pensioners
RBI guidelines concerning access to the Negotiated Dealing System – Order Matching (NDS-OM) platform
The shift to allow a broader spectrum of financial institutions to directly access NDS-OM reflects the RBI’s commitment to fostering inclusivity and competition in the government securities market. By enabling more participants to trade directly on the platform, the RBI aims to improve market depth and liquidity, ensuring a more efficient price discovery process for government securities.
Amendments Issued to Rajasthan’s Social Security Investment Promotion Scheme
Finance Department of the Government of Rajasthan made a significant amendment to the Social Security Investment Promotion Scheme (SSIPS)
Central Consumer Protection Authority Issues Guidelines for ‘Prevention and Regulation of Greenwashing and Misleading Environmental Claims’
These Guidelines seek to foster truthful practices where environmental claims are both truthful and meaningful, thus enhancing consumer trust and encouraging sustainable business practices.
New EPFO Circular: Guidelines on Utilizing Reserves and Surplus by Exempted Establishments
Employees Provident Fund Organisation (EPFO) issued an important circular addressing the management of reserves and surplus by private Provident Fund Trusts of exempted establishments.
Internal Risk Assesment Guidance for Money Laundering/ Terrorist Financing Risks
The Guidance Note is intended for the REs of the Reserve Bank, particularly for the dealing staff and the Anti-Money Laundering (AML) / Countering Financing of Terrorism (CFT) / Counter Proliferation Financing (CPF) practitioners of the REs. It intends to support AML/CFT/CPF compliance efforts of the REs as well as to enhance the ability of the financial sector to detect and deter ML/TF/PF by providing certain key principles, methodology, etc.
RBI guidelines for facilitating accessibility to digital payment systems for Persons with Disabilities – Guidelines
PSPs shall submit to the Reserve Bank, within one month of the date of issue of this circular, details of their systems / devices that need to be modified, along with a time bound plan of action for achieving the same. The action plan may be sent to the Department of Payment and Settlement Systems, Reserve Bank of India at dpssfeedback@rbi.org.in along with details of a Nodal Officer who could be contacted, if required, for further queries / clarifications.
RBI directions for submission of information to Credit Information Companies (CICs) by ARCs
The revised guidelines are a crucial step toward enhancing the transparency and reliability of credit reporting in the financial system. By mandating membership with all CICs, the RBI ensures that ARCs provide uniform and comprehensive data, which helps in the accurate assessment of credit risk. For borrowers, this means that their credit history will be more consistently tracked, even after their loans are transferred to ARCs, ensuring that their repayment behavior is adequately reflected in their credit scores.
