News and Updates Issue 03 Duration December 01-15, 2018

 

 

Determination gives you the resolve to keep going in spite of the roadblocks that lay before you.

Denis Waitley

BANKING AND FOREIGN EXCHANGE

  • The Reserve Bank of India has issued a notification – RBI/2018-19/86, under Section 24 and Section 56 of the Banking Regulation Act, 1949 with respect to Maintenance of Statutory Liquidity Ratio (SLR) dated December 05, 2018.
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  • The Reserve Bank of India has issued a notification – RBI/2018-19/87 with respect to Guidelines on Loan System for Delivery of Bank Credit dated December 05, 2018.
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  • The Reserve Bank of India has issued a notification – RBI/2018-19/88, with respect to Special Deposit Scheme (SDS)-1975 Payment of interest for calendar year 2018 dated December 06, 2018.
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  • The Reserve Bank of India has, vide letter no. RBI/2018-19/89 issued a Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM) dated December 06, 2018.
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  • The Reserve Bank of India has issued Draft Directions on Non-Resident Participation in Rupee Interest Rate Derivatives Markets dated December 05, 2018.
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  • National Medical Devices Promotion Council to be set up under DIPP dated December 14, 2018
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Disclaimer (a) “This information has been gathered from various sources. Nothing herein is or may be construed as legal advice”.