RBI NOTIFICATION

RBI notifies market making plan to promote retail participation

“RBI notified Retail Direct Scheme – Market Making” RBI notifies market making plan to promote retail participation in G-Secs. The Reserve Bank of India (RBI) vide notification no. RBI/2021-22/147 IDMD. PDRD. No. S1617/03.64.023/2021-22 on 04th day of January, 2022 has introduced the market making scheme to with an objective to promote retail participation in government …

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RBI Bans Haribhakti & Co From Undertaking Audits For Two Years

RBI FAQs Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)

The Circular dated April 27, 2021 on ‘Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs), has been issued by RBI with the basic objectives of putting in place ownership-neutral regulations, ensuring independence of auditors, avoiding conflict of interest in auditor’s appointments and to improve the …

RBI FAQs Guidelines for Appointment of Statutory Central Auditors (SCAs)/Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs) Read More »

RBI

RBI Relaxation Compliance Norms with Various Payment System Requirements: RBI NOTIFICATIONS

Relaxation in timeline for compliance with various payment system requirements Keeping in view the resurgence of the COVID-19 pandemic and the representations receivedfrom various bank and non-bank entities, it has been decided to extend the timeline of certain compliance Norms with respect to the Various Payment System Requirements. The Reserve Bank of India (RBI) vide …

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