2nd November, 2016 IMPORTANT ANNOUNCEMENT Subject: Information System Audit – Assessment Test (ISA – AT), December 2016 Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) (which is open to the members of the Institute) will be held on 24th December, 2016 (Saturday) from… Read More »
Observations of the candidates on the question papers of CA examinations-November, 2016. – (01-11-2016) 1st November, 2016 It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Examinations being held in November 2016, by e-mail at examfeedback@icai.in or by… Read More »
RBI updates Branch Locator as per Census 2011 Date : Nov 01, 2016 The Reserve Bank of India has updated its Branch Locator – a link on its website containing the list of branches/offices of commercial banks. The link now has classification of branches/offices into various population groups with revised base population as per Census… Read More »
PR No. 150/2016 Circular on Enhanced Standards for Credit Rating Agencies (CRAs) With a view to strengthen the functioning of CRAs and to harmonise the best practices in the industry,SEBI constituted a committee on “Strengthening the Guidelines and Raising Industry Standards for Credit Rating Agencies (CRAs)”, which included representatives from all the CRAs. The objective… Read More »
PR No. 151/2016 EXIT ORDER IN RESPECT OF BOMBAY COMMODITY EXCHANGE LIMITED (BCEL) Whole Time Member, SEBI has passed an Order on Oct 28, 2016 providing the exit to Bombay Commodity Exchange Limited (BCEL). BCEL is the first commodity derivatives exchange / deemed stock exchange to exit after merger of Forward Markets Commission with SEBI.… Read More »
RBI/2016-17/104 FMRD.DIRD.10/14.03.01/2016-17 October 28, 2016 To All market participants Dear Sir/Madam Money Market Futures As announced in the first Bi-Monthly Monetary Policy Statement, 2016-17, it has been decided to introduce Interest Rate Futures based on any rupee denominated money market interest rate or money market instrument on SEBI authorised stock exchanges. 2. In this regard,… Read More »
RBI Date : Oct 28, 2016 As part of international sound practice, Reserve Bank of India, in consultation with Government of India, had placed in public domain Medium-Term Debt Management Strategy (MTDS) articulated for a period of three years (2015-16 to 2017-18) on December 31, 2015. MTDS is updated on annual basis and projections rolled… Read More »
whether in the facts of the present case, the dishonour of a post-dated cheque given for repayment of loan installment which is also described as “security” in the loan agreement is covered by Section 138 of the Negotiable Instruments Act, 1881 (“the Act”). Held Dishonour of cheque in the present case being for discharge of… Read More »
External Commercial Borrowings by Startups RBI/2016-17/103 A.P. (DIR Series) Circular No. 13 October 27, 2016 To All Category-I Authorised Dealer Banks Madam / Dear Sir External Commercial Borrowings (ECB) by Startups Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to the announcement made by the Reserve Bank in the Fourth Bi-monthly Monetary Policy… Read More »
RBI/2016-17/102 DCM (FNVD) No.1134/16.01.05/2016-17 October 27, 2016 The Chairman & Managing Director Chief Executive Officers All Banks Dear Sir / Madam, Detection and Impounding of Counterfeit Notes It has come to our notice that some unscrupulous elements are putting into circulation Fake Indian Currency Notes of higher denominations in the course of normal transactions, taking… Read More »