RBI
Legislation UpdatesNotifications

On 9-1-2023, the Reserve Bank of India (‘RBI') modified the Master circular on Basel III Capital regulations revising the list of the

decision of demonetising
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Supreme Court: In a petition against the demonitisation of Rs. 500 and Rs. 1000 currency notes in 2016, the Constitution Bench of

RBI
Legislation UpdatesNotifications

    On 26-12-2022, the Reserve Bank of India (‘RBI’) has announced the Central Payments Fraud Information Registry (‘CPFIR’)- Migration of Reporting

RBI
Legislation UpdatesNotifications

    On 16-12-2022, the Reserve Bank of India (‘RBI') has announced Series III and IV of Sovereign Gold Bond Scheme 2022-2023.

RBI
Legislation UpdatesNotifications

On 13-12-2022, the Reserve Bank of India (‘RBI’) has issued circular on Disclosure of material items under the Reserve Bank of India

RBI
Legislation UpdatesNotifications

    On 12-12-2022, the Reserve Bank of India (‘RBI’) has issued Master Directions on Foreign Exchange Management (Hedging of Commodity Price

Legal RoundUpLegislation Roundup

A quick legal roundup to cover important stories from all Legislation Updates in October 2022 MINISTRY OF CORPORATE AFFAIRS Legal Metrology (General)

Case BriefsSupreme Court

“If a man has been wronged, so long as the wrong lies within the human machinery of administration of justice, that wrong must be remedied.”

Legislation UpdatesNotifications

The Reserve Bank of India (hereinafter called the Reserve Bank) issued Reserve Bank of India (Unhedged Foreign Currency Exposure) Directions, 2022. These

Legislation UpdatesNotifications

On 06-10-2022, the Reserve Bank of India has mandated Internal Ombudsman mechanism for Credit Information Companies (CICs) vide RBI (Credit Information Companies-

Legislation UpdatesNotifications

On 30-09-2022, the Reserve Bank of India has introduced Late Submission Fee for reporting delays under FEMA. The Late Submission Fee (LSF)

Legislation UpdatesNotifications

On 02-09-2022, Reserve Bank of India issued guidelines on Digital Lending which would be applicable to the ‘existing customers availing fresh loans’

Case BriefsSupreme Court

“Such unscrambling of the resolution process will not only prove time-consuming, but may also adversely affect the agreed realized gains to the retail debenture holders, who have already consented to the negotiated settlement before the High Court.” 

Legislation UpdatesRules & Regulations

On 22-08-2022, the Reserve Bank of India (‘RBI’) has issued the Foreign Exchange Management (Overseas Investment) Regulations, 2022 to facilitate business between

Reserve Bank of India
Legislation UpdatesNotifications

    On 04-08-2022, the Reserve of India (‘RBI') amended the RBI (Gold Monetization Scheme, 2015) with immediate effect. The amendment inserts

Reserve Bank of India
Legislation UpdatesNotifications

    On 02-08-2022, the Reserve Bank of India (‘RBI') issued Master Circular on Credit Facilities to Minority Communities, consolidating all circulars

Reserve Bank of India
Legislation UpdatesNotifications

    On 01-08-2022, the Reserve Bank of India (‘RBI') issued Master Circular — Credit facilities to Scheduled Castes (‘SC') & Scheduled

Legislation UpdatesRules & Regulations

On 28-07-2022, the Reserve Bank of India (RBI) has issued Foreign Exchange Management (Borrowing and Lending) (Third Amendment) Regulations, 2022 to further

Legislation UpdatesNotifications

On 15-02-2021, the Reserve Bank of India had constituted the Expert Committee on Urban Co-operative Banks (‘the Committee’) to examine the issues

Reserve Bank of India
Legislation UpdatesNotifications

On 12-07-2022, the Reserve Bank of India (‘RBI’) imposed a penalty of Rs 1 crore and 67.80 lakh on Ola Financial Services