Category Archives: other Acts

CA JOBS Portal by ICAI : Exclusive Job Portal for Chartered Accountants Launched

By | September 28, 2018

Exclusive Job Portal for Chartered Accountants Launched A unique and exclusive Job Portal for Chartered Accountants https://cajobs.icai.org has launched where no. of companies and vacancies increasing every day. Members can find a best job on this portal that matches their interest. Exclusive Job Portal for Chartered Accountants Launched : Click here https://cajobs.icai.org CA Jobs Portal Explained… Read More »

Voluntary transition of Urban Co-operative Bank into Small Finance Bank : RBI Scheme

By | September 27, 2018

Voluntary Transition of Primary (Urban) Co-operative Banks (UCBs) into Small Finance Banks (SFBs) RBI/2018-19/52 DCBR.CO.LS.PCB. Cir.No.5/07.01.000/2018-19 September 27, 2018 Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir / Madam, Voluntary Transition of Primary (Urban) Co-operative Banks (UCBs) into Small Finance Banks (SFBs) Please refer to Paragraph 4 of the Statement on Developmental… Read More »

Category: RBI

Banks permitted to reckon Government securities for Liquidity Coverage Ratio

By | September 27, 2018

Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards RBI/2018-19/51 DBR.BP.BC.No.4/21.04.098/2018-19 September 27, 2018 All Scheduled Commercial Banks (Excluding RRBs) & Small Finance Banks (SFBs) Dear Sir, Basel III Framework on Liquidity Standards – Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure… Read More »

RBI Award Scheme for Writings in Hindi in Banking Field

By | September 26, 2018

Award Scheme For Outstanding Writings in the Field of Banking Hindi With a view to encourage original writings and research in Banking Hindi, Reserve Bank of India has launched an ‘Award scheme for outstanding writings in the field of banking Hindi Click here’. Under this scheme, working/retired Professors (including Assistant and Associates, etc.) of Indian… Read More »

Category: RBI

Co-origination of loans by Banks and NBFCs for lending to priority sector

By | September 21, 2018

RBI/2018-19/49 FIDD.CO.Plan.BC.08/04.09.01/2018-19 September 21, 2018 The Chairman / Managing Director/ Chief Executive Officer All Scheduled Commercial Banks (excluding RRBs & SFBs) and All NBFC-ND-SIs Dear Sir/ Madam, Co-origination of loans by Banks and NBFCs for lending to priority sector Please refer to Para 3 of the Statement on Developmental and Regulatory Policies of the Third Bi-Monthly Monetary Policy… Read More »

External Commercial Borrowings (ECB) Policy – Liberalisation by RBI

By | September 19, 2018

RBI/2018-19/48 A.P. (DIR Series) Circular No.9 September 19, 2018 To All Category-I Authorised Dealer Banks Madam / Sir External Commercial Borrowings (ECB) Policy – Liberalisation Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.4.1 and 3.3.3 of Master Direction No.5 dated January 1, 2016 on “External Commercial Borrowings, Trade Credit, Borrowing and Lending… Read More »

Category: RBI

SEBI (Buy Back of Securities) Regulations 2018

By | September 17, 2018

SEBI has notified Securities Exchange Board of India (Buy-Back of Securities) Regulations, 2018. The norms prescribes maximum limit of buy-back as 25% or less of the aggregate paid up capital and free reserves of the Company. Under new norms, a company can’t buy-back its securities so as to delist its shares from stock exchange. Norms… Read More »

ICAI invites suggestions on “Part A- FORM GSTR-9C – Reconciliation Statement, Part B-Certificate”

By | September 16, 2018

Dear Member, Greeting from Indirect Taxes Committee of ICAI! The Government vide Notification No. 49/2018 – Central Tax dated 13th Sept, 2018 has notified “Part A- FORM GSTR-9C – Reconciliation Statement, Part B-Certificate” to be certified by the Chartered Accountants, which can be downloaded from http://www.cbic.gov.in/resources//htdocs-cbec/gst/notfctn-49-central-tax-english-new.pdf;jsessionid=4CEF3120901571CC607B4BA25FD1A7CA Considering that most of you are involved in actual implementation of GST… Read More »