Category: RBI

RBI-Scheme for Sustainable Structuring of Stressed Assets Guidelines for resolution of large borrowal accounts facing severe financial difficulties

RBI-Scheme for Sustainable Structuring of Stressed Assets RBI/2015-16/422 DBR.No.BP.BC.103/21.04.132/2015-16 June 13, 2016 All Scheduled Commercial Banks (Excluding RRBs), All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD, NHB and SIDBI) Non-Banking Financial Companies Securitisation Companies/ Reconstruction Companies Scheme for Sustainable Structuring of Stressed Assets In order to strengthen the …

FEMA Compounding orders to be hosted on RBI website on or after 01/06/2016. Guidance note on fee imposed to be also hosted for general public

FEMA Compounding orders to be hosted on RBI website for orders passed on or after 01/06/2016. Guidance note on compounding fee imposed to be also hosted for general public. Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (Compounding Proceedings) Rules, 2000 (the Rules) – Compounding of Contraventions under …

Fit and proper status of over-aged bank director. RBI Nomination Committee rejection for over age and twice election remanded back by Supreme Court

Fit and proper status of over-aged bank director. RBI Nomination Committee rejection for over age and twice election remanded back by Supreme Court Case Details: Civil Appeal No. 4820 of 2016 UCO Bank (Appellant) vs. Saumyendra Roy Choudhury & Ors (Respondent) Date of Judgment: 05/05/2016 Coram: Justice Kurian Joseph and …

Global Volatility-India was better prepared. India should try to take sensible measures without getting too ambitious, as we have done so far-Governor RBI.

Global volatility-India was better prepared. India should try to take sensible measures without getting too ambitious, as we have done so far-Governor RBI.  The Reserve Bank of India – Press Release Dated: 22-05-2016 Delivering the Mahtab Memorial Lecture at Bhubaneswar on May 21, 2016, Dr. Raghuram Rajan, Governor, …

Strengthening Free Enterprise in India – from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive-Raghuram Rajan, Governor RBI

Strengthening Free Enterprise in India – from tiny shops to large internet start-ups, the spirit of entrepreneurship is alive. Reserve Bank of India-Press Release Dated: 22-05-2016 India has come a long way in encouraging free enterprise – from tiny shops to large internet start-ups, the spirit of entrepreneurship is …