RBI/2015-16/160 FIDD.MSME & NFS.BC.No.60/06.02.31/2015-16 August 27, 2015 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir / Madam, Streamlining flow of credit to Micro and Small Enterprises (MSEs) for facilitating timely and adequate credit flow during their ‘Life Cycle’ Micro and small units are more prone to facing financial difficulties during their Life Cycle… Read More »
RBI/2015-16/156 FIDD No. FSD.BC.12/05.10.001/2015-16 August 21, 2015 The Chaiman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam/Dear Sir GUIDELINES FOR RELIEF MEASURES BY BANKS IN AREAS AFFECTED BY NATURAL CALAMITIES Please refer to our Master Circular FIDD.No.FSD.BC.01/05.10.001/2015-16 dated July 1, 2015 containing ‘Guidelines for Relief Measures by Banks in Areas affected by… Read More »
RBI/2015-16/142 FIDD.GSSD.CO.BC.No.09/09.01.01/2015-16 July 30, 2015 (Updated upto October 26, 2015) The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir/Madam, Master Circular – National Rural Livelihoods Mission (NRLM) Reserve Bank of India has periodically issued instructions/directives to banks with regard to operationalisation of the Government of India’s National Rural Livelihoods Mission (NRLM) Scheme which replaced… Read More »
RBI/2015-16/152 FIDD.No.FSD.BC.59/05.04.02/2015-16 August 13, 2015 The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget – 2015-16 Interest Subvention Scheme Please refer to our letter FIDD CO.FSD.No.10740/05.04.02/2014-15 dated June 17, 2015 conveying extension of Interest Subvention Scheme upto July 31, 2015. In this regard, it is advised that… Read More »
To be Published in the Gazette of India Extraordinary Part-II,Section – 3, Sub-Section (ii)) Government of India Ministry of Commerce & Industry Department of Commerce Directorate General of Foreign Trade Notification No.25/2015-2020 New Delhi, Dated: 26th October, 2015 Subject: Amendment in import policy of Human Embryo classified under Exim Code 0511 99 99 of Chapter… Read More »
TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART-I, SECTION-I GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 46/2015-2020, Dated : November 9, 2015 Subject: -Amendment in Para 9.06 of Handbook of Procedure (2015-20). In exercise of powers conferred under paragraph 2.04 of… Read More »
Regulations Foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs), and Persons of Indian Origin (PIOs) are allowed to invest in the primary and secondary capital markets in India through the portfolio investment scheme (PIS). Under this scheme, FIIs/NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India. The ceiling for overall investment for… Read More »
INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA NOTIFICATION Hyderabad, the 30th October, 2015 Insurance Regulatory and Development Authority of India (Insurance Surveyors and Loss Assessors) Regulations, 2015 F.No. IRDAI/Reg/18/108/2015- In exercise of the powers conferred by clause (x) and (xa) of sub-section 2 of Section 114A read with Sections 42D, 42E and 64UM of the Insurance… Read More »
Ref:IRDA/INT/CIRC/INSRE/197/11/2015 Date:06-11-2015 Electronic Motor Insurance Policies: As a part of their digital initiative, the Govt of Telanganais agreeable to recognize the electronic version of Motor Insurance policies as evidence of insurance of vehicles. Issuance of electronic Motor policies can be seen in the light of cost efficiency, faster delivery of insurance policies and arresting fraud.… Read More »
SUPREME COURT OF INDIA Bharti Airtel Ltd. v. Union of India J. CHELAMESWAR AND R.K. AGRAWAL, JJ. CIVIL APPEAL NOS. 1969, 2072, 2803, 5376 AND 9116 OF 2014 WRIT PETITION (CIVIL) NOS. 180, 971 AND 1056 OF 2014 MAY 14, 2015 On behalf of the licensees, the following submissions are made: The licences, such as… Read More »