Reserve Bank of India in its notification dated 17th March 2020 has reduced the liquidity coverage ratio (LCR) requirement for scheduled commercial banks to 80 percent from 100 percent with immediate effect which shall continue till 30th September 2020.
The LCR requirement will gradually be restored in two phases – 90% by 1st October 2020 and 100% by 1st April 2021. RBI stipulates banks to maintain LCR so that they can sell the assets in stressed times.
Click here to read the notification.
The Joint Electricity Regulatory Commission (JERC) has announced the Consumer Grievances Redressal Forum and Ombudsman Regulations, 2024, which supersedes the 2019 regulations. Under these new
The Karnataka Electricity Regulatory Commission (KERC) has introduced guidelines to upgrade existing digital/static energy meters with smart modules, optimizing their functionality and extending their usefulness.
The Ministry of Labour and Employment has released notifications dated 14th June 2024, which announce the revised rates of damages applicable to employer defaults under
The Finance (Expenditure-I) Department of Delhi has issued a notification regarding the enforcement of provisions under the Delhi Goods and Services Tax (Second Amendment) Act,
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