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RBI Notification

RBI issues Master Circular – Deendayal Antyodaya Yoja...

Deendayal Antyodaya Yojana

The Reserve Bank of India recently modified the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission by issuing a master circular on 18th Sept...

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FEMA

Challenges of Enforcement of Foreign Arbitral Awards un...

Arbitral awards under FEMA

The New York Convention for enforcement of arbitral awards is an international convention, which is a successful milestone across the world. Member States...

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RBI Notification

Key Features of Liberalised Remittance Scheme

Liberalised Remittance Scheme

Resident Indians or people resident in India are allowed to transfer foreign currency under the foreign exchange regulations. The transfer of foreign curre...

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RBI Registration

Long Form Audit Report (LFAR) – Review (RBI Guide...

Long Form Audit Report

The Reserve Bank has asked banks to implement revised Long Form Audit Report (LFAR) norms to improve audit efficiency and risk management. The Reserve Bank...

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FEMA

Liaison Office and Project Office under FEMA

Liaison Office and Project Office

Foreign companies have started their business in India since 1990. Before this year, there were stringent laws and restrictive practices which did not allo...

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FEMA

Residential Status under FEMA and Finance Law

Residential Status under FEMA and Finance Law

Determining the period in which an individual stays outside India is crucial for compliance under the respective Foreign Exchange Management Act, 1999 (FEM...

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RBI Notification

RBI Master Directions on Priority Sector Lending (PSL)...

RBI Master Directions

The Reserve Bank of India has issued Master directions on Priority Sector Lending- targets and classification on 4th September 2020. In this article,...

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RBI Notification

RBI Notification: Steps to Ensure Automation for NPA, I...

RBI Notification

In the latest RBI notification, RBI has mandated banks to fully automate NPA classification and provisioning calculation process. Under the new regime, all...

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