The Insolvency and Bankruptcy Board of India vide circular dated 28th April, 2022 has issued the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2022. In relation to the liquidation processes commenced prior to the commencement of the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2019, the requirements of this regulation as existing before such commencement, shall apply.
RBI to conduct Daily Variable Rate Repo (VRR) Auctions
RBI has decided to conduct Variable Rate Repo (VRR) auctions on all working days in Mumbai with reversal taking place on the next working day,