The Reserve Bank of India vide circular dated 15 February, 2022 has issued clarification on prior circular on Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances for financial institutions. Loan accounts classified as NPAs may be upgraded as ‘standard’ asset only if entire arrears of interest and principal are paid by the borrower. NBFCs shall have time till September 30, 2022 to put in place the necessary systems to implement this provision.
Unwarranted calls and SMSs which are also known as Unsolicited Commercial Communications (UCC) are regulated by Telecom Regulatory Authority of India (TRAI). TRAI has issued
Prime Minister has released India’s 6G vision “Bharat 6G Vision” document on March 23, 2023 which envisaged India to be a frontline contributor in design,
The establishment of an SRO-AA is a significant step towards enhancing the efficiency and reliability of India’s AA ecosystem. By creating a self-regulatory framework, the
Jute Commissioner has announced the final fixed maximum ex-factory price for 580gm “Type-A” and “Type-B” Jute Bags for the month of March 2025, in accordance
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