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FEMA

Regulatory framework of issue of securities to foreigne...

Securities to Foreigners

India offers the world lower corporate taxes and skilled labour. Therefore, companies across the world make their investments in India. One of the most sou...

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FEMA

Curious case of FEMA violations by RR (Rajasthan Royals...

FEMA violations by RR

A curious of case of FEMA violations by RR has been discussed in the following piece of information wherein the Directorate of Enforcement has alleged that...

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RBI Notification

RBI’s Directions are Statutorily Binding over Financi...

RBI’s Directions

Recently the Supreme Court held that the Reserve Bank of India has wide supervisory powers over financial institutions such as SIDBI. SIDBI refers to Small...

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FEMA

NRIs & OCIs don’t need RBI approval to buy/sell...

NRIs & OCIs don’t need RBI approval to buy/sell Immovable Property in India: RBI

The Reserve Bank recently clarified that NRIs (Non-Resident Indians) and OCIs (Overseas Citizens of India) don’t require prior RBI approval to buy or sel...

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RBI Notification

Key highlights of the RBI’s Annual Trends and Progres...

Key highlights of the RBI’s Annual Trends and Progress Report

In its Trends and Progress Report, the RBI observed that the scheduled commercial banks have witnessed an improvement in asset quality, capital buffers and...

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RBI Notification

How RBI’s new tokenisation rule will effect credit/de...

How RBI’s new tokenisation rule will effect credit/debit card payments?

The Reserve Bank of India (RBI) via notification has come out with a new rule of tokenisation which will make online payments safer and secure. RBI has man...

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RBI Notification

RBI allows Payments Banks and Small Finance Banks to un...

RBI allows Payments Banks and Small Finance Banks to undertake government agency business

The Reserve Bank of India (RBI) via notification has allowed Scheduled Payments Banks and Scheduled Small Finance Banks to become agents of the RBI who wis...

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RBI Notification

Online Payments through PPIs in India

Online Payments through PPIs in India

The system of PPIs in India has been around for a long time, dating back to the introduction of calling cards such as Virtual Calling Cards (VCCs), Voice O...

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