The Reserve Bank of India (RBI) has issued a notification RBI/2018-19/217 dated June 20, 2019 in relation to rollout of the ‘foreign exchange trading platform for retail participants – FX-Retail’. “The platform, FX- Retail, is ready for rollout by the Clearing Corporation of India Limited (CCIL) on August 05, 2019.
The Reserve Bank of India (RBI) has issued a notification RBI/2018-19/196 dated June 03, 2019 to capture exposures and concentration risk of banks more accurately and to align the “Large Exposures Framework (LEF)” instructions with international norms.
The Reserve Bank of India (RBI) has issued a notification RBI/2018-19/184 dated May 16, 2019 in
relation to Risk Management System – Appointment of Chief Risk Officer (CRO) for NBFCs.
Chain of devices protected by passwords or pins (?) IOT – Internet of Things
The Supreme Court (SC) has observed that even if the family settlement was not registered, it would operate as a complete estoppel against the original plaintiff who was party to such settlement
The Reserve Bank of India (RBI) has issued a notification RBI/2018-19/179 dated May 06, 2019 in relation Priority Sector Lending – Targets and Classification
The Supreme Court (SC), has observed that failure of the insured to disclose the policy of insurance obtained earlier in the proposal form entitled the insurer to repudiate the claim under the policy.
In order to increase the accessibility and efficiency of services extended to the members of the public for their day-to-day non-trade current account transactions, it has been decided that Systemically Important Non-Deposit taking Investment and Credit Companies shall be eligible for Authorized Dealer- Category II (AD- Cat II) licence, subject to meeting the specified conditions. In this context, the Reserve Bank of India (RBI) has issued