Notification & Circulars


Exclusion of “Lakshmi Vilas Bank Ltd” from the Second Schedule to the Reserve Bank of India Act, 1934

 Notification No#RBI/2021-22/33 DoR.RET.REC.14/12.07.150/2021-22     06 May 2021

Reserve Bank of India RBI/2021-22/33 DoR.RET.REC.14/12.07.150/2021-22 May 06, 2021 All Banks Madam/Sir Exclusion of “Lakshmi Vilas Bank Ltd” from the Second Schedule to the Reserve Bank of India Act, 1934 We advise that the “Lakshmi Vilas Bank Ltd” has been..

Posted in Others

Order in the matter of M/s. Shriram General Insurance Company Limited

 Notification No# IRDA/ENF/ORD/ONS/123/05/2021     06 May 2021

Insurance Regulatory and Development Authority of India Order Ref. No: IRDA/ENF/ORD/ONS/123/05/2021 Date:06-05-2021 Order in the matter of M/s. Shriram General Insurance Company Limited Based on the a) Show Cause Notice (SCN) ReferenceNo.IRDA/Enforcement/2020/417 dated 3rd Feb..

Posted in Miscellaneous

SEBI seeks public comments on the Report Submitted by the Technical Group on Social Stock Exchange

 Notification No#Press Release No. 17/2021     06 May 2021

Securities and Exchange Board of India Press Release No. 17/2021 SEBI seeks public comments on the Report Submitted by the Technical Group on Social Stock Exchange Pursuant to announcement made by the Hon’ble Finance Minister in her budget speech for FY 2019-20 regarding Social Stock ..

Posted in Shares & Stock

Extension of time limit for filing of returns to the Authority and uploading the Public Disclosures on websites of insurers

 Notification No#IRDA/F&A/CIR/MISC/ 126 /05/2021     06 May 2021

Insurance Regulatory and Development Authority of India Circular Ref. No: IRDA/F&A/CIR/MISC/ 126 /05/2021 Date:06-05-2021 To All Insurers and Reinsurers (including FRBs) Sub: Extension of time limit for filing of returns to the Authority and uploading the Public Disclosure..

Posted in Miscellaneous

Credit to MSME Entrepreneurs

 Notification No#RBI/2021-22/30 DoR.RET.REC.09/12.01.001/2021-22     05 May 2021

Reserve Bank of India RBI/2021-22/30 DoR.RET.REC.09/12.01.001/2021-22 May 05, 2021 All Scheduled Commercial Banks Madam/Sir Credit to MSME Entrepreneurs Please refer to our circular DOR.No.Ret.BC.37/12.01.001/2020-21 dated February 5, 2021, on captioned subject. 2. In term..

Posted in Others

Periodic Updation of KYC – Restrictions on Account Operations for Non-compliance

 Notification No#RBI/2021-22/29 DOR. AML.REC 13/14.01.001/2021-22     05 May 2021

Reserve Bank of India RBI/2021-22/29 DOR. AML.REC 13/14.01.001/2021-22 May 5, 2021 The Chairpersons/ CEOs of all the Regulated Entities Madam/Sir, Periodic Updation of KYC – Restrictions on Account Operations for Non-compliance Please refer to Section 38 of the Master ..

Posted in Others

Utilisation of Floating Provisions/Counter Cyclical Provisioning Buffer

 Notification No#RBI/2021-22/28 DOR.STR.REC.10/21.04.048/2021-22     05 May 2021

Reserve Bank of India RBI/2021-22/28 DOR.STR.REC.10/21.04.048/2021-22 May 5, 2021 All Scheduled Commercial Banks (Excluding Regional Rural Banks and Payments Banks) Dear Sir/ Madam, Utilisation of Floating Provisions/Counter Cyclical Provisioning Buffer Please refer to our c..

Posted in Others

Priority Sector Lending (PSL) - On-lending by Small Finance Banks (SFBs) to NBFC-MFIs

 Notification No#RBI/2021-22/27 FIDD.CO.Plan.BC.No.10/04.09.01/2021-22     05 May 2021

Reserve Bank of India RBI/2021-22/27 FIDD.CO.Plan.BC.No.10/04.09.01/2021-22 May 5, 2021 The Chairman/ Managing Director Chief Executive Officer Small Finance Banks Dear Sir/Madam, Priority Sector Lending (PSL) - On-lending by Small Finance Banks (SFBs) to NBFC-MFIs As per extant..

Posted in Others

Resolution Framework – 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses

 Notification No#RBI/2021-22/31 DOR.STR.REC.11/21.04.048/2021-22     05 May 2021

RESERVE BANK OF INDIA RBI/2021-22/31 DOR.STR.REC.11/21.04.048/2021-22 May 5, 2021 All Commercial Banks (including Small Finance Banks, Local Area Banks and Regional Rural Banks) All Primary (Urban) Co-operative Banks/State Co-operative Banks/ District Central Co-operative Banks All All-I..

Posted in Others

Guidelines on Standard Domestic Travel Insurance Product

 Notification No#IRDAI/HLT/REG/CIR/ 119/05/2021     05 May 2021

Insurance Regulatory and Development Authority Ref: IRDAI/HLT/REG/CIR/ 119/05/2021 5th May, 2021 INDEX Sl. No Item   1. Guidelines on Standard Domestic Travel Insurance Product 2 2. Annexure-1:Policy Terms and Conditions o..

Posted in Miscellaneous