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Resident Indians or people resident in India are allowed to transfer foreign currency under the foreign exchange regulations. The transfer of foreign curre...
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...
Foreign companies have started their business in India since 1990. Before this year, there were stringent laws and restrictive practices which did not allo...
Determining the period in which an individual stays outside India is crucial for compliance under the respective Foreign Exchange Management Act, 1999 (FEM...
The Reserve Bank of India has issued Master directions on Priority Sector Lending- targets and classification on 4th September 2020. In this article,...
In the latest RBI notification, RBI has mandated banks to fully automate NPA classification and provisioning calculation process. Under the new regime, all...
Recently the Reserve bank of India released a notice on Compliance functions in Banks and the role of Chief Compliance Officer (CCO). As per the comp...
Prior to economic reforms and liberalisation in India, foreign companies were not allowed to set up their business in India. Only after liberasation a gree...
The Securities and Exchange Board of India (SEBI) issued a circular on May 2, 2025, simplifying...
Experiencing the loss of a loved one is one of the deepest emotional hardships a person can fac...
On January 16, 2025, the Reserve Bank of India (RBI) released the list of Non-Banking Financial...
Over the decades, the Oil and Natural Gas Corporation (ONGC) has been a key pillar in the portf...
The Reserve Bank of India, on April 11, 2025, posted a Press Release No. 2025-2026/96 on their...
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