Feb 8, 20211 minRBI releases Annual Report of the Ombudsman Schemes, 2019-20The Reserve Bank of India (RBI) on Monday released the Annual Report of the “Ombudsman Schemes of the Reserve Bank for the year 2019-20”....
Feb 5, 20211 minCredit to new MSME borrowers—RBI initiativeThe Reserve Bank of India (RBI) in terms of Statement on Developmental and Regulatory Policies of 5 February 2021, announced that...
Feb 5, 20211 minEarly Redemption of Sovereign Gold Bond Scheme 2015-16The redemption price of Sovereign Gold Bond (SGB) is based on the simple average closing gold price of 999 purity [published by the India...
Feb 5, 20211 minRBI releases statement on developmental and regulatory policiesRBI released Statement on developmental and regulatory policies. This Statement sets out various developmental and regulatory policy...
Feb 5, 20213 minFreezing of bank account under PMLA without due compliance of the legal requirement not sustainableThe Supreme Court held on Wednesday that freezing of bank accounts or the continuation thereof under PMLA without due compliance of the...
Feb 4, 20212 minCreditor will be secured creditor and not 'Financial Creditor' by taking security of pledged sharesSupreme Court held on Wednesday that "a Creditor will be secured creditor, but not 'Financial Creditor' under the Insolvency and...