RBI addresses the risk management issues in NBFCs; mandates NBFCs with asset size of more than Rs. 50 billion to appoint a Chief Risk Officer by Lexplosion | May 20, 2019 | Banking, CORP, statesThe Reserve Bank of India (“RBI”) has, in a notification dated May 16, 2019, directed... Read More
RBI issues Foreign Exchange Management (Permissible Capital Account Transaction) (First Amendment) Regulations, 2019; prohibits capital account transactions with the Democratic People’s Republic of Korea by Lexplosion | Mar 13, 2019 | FOREX, Industries, statesThe Reserve Bank of India (“RBI”) has, in a Notification dated 7th March, 2019, issued the Foreign... Read More
RBI amends FEMA (Permissible Capital Account Transactions) Regulations; defines derivative for the first time; effective 26-02-2019 by Lexplosion | Mar 4, 2019 | CORP, FOREXThe Reserve Bank of India, Financial Markets Regulations Department (“Department”) has by virtue... Read More
RBI harmonises different categories of NBFCs into one category NBFC Investment and Credit Company; effective 22nd February, 2019 by Lexplosion | Feb 26, 2019 | Banking, OPS, statesThe Reserve Bank of India (“RBI”) has issued a circular regarding Harmonisation of different... Read More
RBI rolls out revised External Commercial Borrowing Framework enabling all eligible borrowers to receive FDI; effective 16th January, 2019 by Lexplosion | Jan 22, 2019 | CORP, Industries, statesThe Reserve Bank of India on 16th January, 2019 has rolled the new External Commercial Borrowings... Read More
