Recent Notification

 

 

·        Regional Rural Banks - Access to Call/Notice/Term Money Market

·        External Trade – Facilitation - Export of Goods and Services

·        Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs)

·        Declaration of dividends by banks

·        Processing of e-mandates for recurring transactions

·        Authorisation of entities for operating a Payment System under the Payment and Settlement Systems Act, 2007 (PSS Act) – Introduction of Cooling Period

·        Perpetual Validity for Certificate of Authorisation (CoA) issued to Payment System Operators (PSOs) under Payment and Settlement Systems Act, 2007 (PSS Act)

·        Card transactions in Contactless mode - Relaxation in requirement of Additional Factor of Authentication

·        24x7 Availability of Real Time Gross Settlement (RTGS) System

·        Exchange rate Notification No.110/2020-Cus (NT) dated 03.12.2020

·        Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

·        Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe BCD rate of 27.5% on Crude Palm Oil

·        Establishment of Branch Office (BO) / Liaison Office (LO) / Project Office (PO) or any other place of business in India by foreign law firms

·        Exchange rate Notification No.108/2020-Cus (NT) dated 19.11.2020

·        Maintenance of Escrow Account with a Scheduled Commercial Bank

·        Foreign Exchange Management Act, 1999 (FEMA)- Compounding of Contraventions under FEMA, 1999

·        Discontinuation of Returns/Reports under Foreign Exchange Management Act, 1999

·        Formation of new district in the State of Nagaland – Assignment of Lead Bank Responsibility

·        Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg.

·        Exchange rate Notification No.106/2020-Cus (NT) dated 12.11.2020.

·        seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe 5% BCD on specified parts for manufacture of Open Cell for LED/LCD TV Panels subject to end user condition.

·        Exim Bank's Government of India supported Line of Credit (LoC) of USD 20.10 million to the Government of the Republic of Nicaragua

·        Co-Lending by Banks and NBFCs to Priority Sector

·        Exchange rate Notification No.105/2020-Cus (NT) dated 05.11.2020-reg

·        Exchange rate Notification No.104/2020-Cus (NT) dated 03.11.2020-reg

·        Opening of Current Accounts by Banks - Need for Discipline