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RBI Notification

New Rules for Credit/Debit Cards Issuance by Scheduled...

RBI notifies new rules for credit/debit cards issuance by scheduled banks and NBFCs

The Reserve Bank of India issued master directions for issuance of debit/card to NBFCs and scheduled banks excluding Payments Banks, State Co-operative Ban...

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Advisory For ED

Enforcement Directorate takes on PNB Scam

Enforcement Directorate takes on PNB Scam

In 2018, Punjab National Bank learned that fraud had been done in its Mumbai branch worth $ 1.8 billion. It showed doubt in jeweller Nirav Modi and his oth...

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Advisory For ED

Enforcement Directorate and the Vijay Mallya case

Enforcement Directorate and the Vijay Mallya case

Vijay Mallya, who escaped to the United Kingdom, has been in demand from India for fraud of 9000 crores that was loaned by different banks to Kingfisher Ai...

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Advisory For ED

Tools for Investigation for ED under PMLA

Tools for Investigation for ED under PMLA

Being vested with the powers to enforce two important laws, namely the Foreign Exchange Management Act, 1999 and the Prevention of Money Laundering Act, 20...

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NBFC

RBI tightens regulatory framework for NBFCs on Loans an...

RBI tightens regulatory framework for NBFCs on Loans and Advances

On 19th April, 2022 the Reserve Bank of India notified about certain regulatory changes for NBFCs by amending the circular that it had issued in October 20...

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Company Registration

Starting a Company in Indonesia: Challenges and Benefit...

Starting a Company in Indonesia: Challenges and Benefits

One of the Southeast Asia’s largest economic hub, Indonesia has eclipsed majority of Asian countries such as Singapore, Thailand, Malaysia etc., in terms...

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Company Registration

How to Register Company in Indonesia?

How to Register Company in Indonesia?

Registering a company anywhere in the world requires going through the due process of law prescribed by the respective country. Business owners need to do...

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NBFC

Large Exposure Framework for NBFC-UL

NBFC-UL

The central bank has released four separate circulars viz. Large exposures framework for NBFCs- Upper Layer (NBFC-UL), scale based regulations for capital...

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