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Notification & Circulars


Card transactions in Contactless mode – Relaxation in requirement of Additional Factor of Authentication

 Notification No#RBI/2020-21/71 DPSS.CO.PD No.752/02.14.003/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/71 DPSS.CO.PD No.752/02.14.003/2020-21 December 04, 2020 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central Co..


External Trade–Facilitation- Export of Goods and Services

 Notification No#RBI/2020-21/77 A.P. (DIR Series) Circular No. 08     04 December 2020

Reserve Bank of India RBI/2020-21/77 A.P. (DIR Series) Circular No. 08 December 04, 2020 To, All Category – I Authorised Dealer Banks Madam / Sir, External Trade–Facilitation- Export of Goods and Services Please refer to the Statement on Development and Regulatory P..


24×7 Availability of Real Time Gross Settlement (RTGS) System

 Notification No#RBI/2020-21/70 DPSS (CO) RTGS No.750/04.04.016/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/70 DPSS (CO) RTGS No.750/04.04.016/2020-21 December 04, 2020 The Chairman / Managing Director / Chief Executive Officer of member banks participating in RTGS Madam / Dear Sir, 24×7 Availability of Real Time Gross Settlement (RTGS) System A ..


Processing of e-mandates for recurring transactions

 Notification No#RBI/2020-21/74 DPSS.CO.PD No.754/02.14.003/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/74 DPSS.CO.PD No.754/02.14.003/2020-21 December 04, 2020 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks, including Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks / District Central C..


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

 Notification No#RBI/2020-21/73 DPSS.CO.OD.No.753/06.08.005/2020-21     04 December 2020

Reserve Bank of India RBI/2020-21/73 DPSS.CO.OD.No.753/06.08.005/2020-21 December 4, 2020 The Chairman / Managing Director / Chief Executive Officer Non-bank Payment System Operators Madam / Dear Sir Authorisation of entities for operating a Payment System under the Payment and ..


Computation of fee payable for delay in filings under regulation 40B of the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016

 Notification No#No. IBBI/CIRP Forms/2020      04 December 2020

Insolvency and Bankruptcy Board of India 7th Floor, Mayur Bhawan, Connaught Place, New Delhi-110001 Clarification No. IBBI/CIRP Forms/2020 4th December, 2020 Subject: Computation of fee payable for delay in filings under regulation 40B of the IBBI (Insolvency Resolution Process f..

Posted in Corporate Law

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

 Notification No#RBI/2020-21/76 DOR.RRB.No.28/31.01.001/2020-21     04 December 2020

RBI/2020-21/76 DOR.RRB.No.28/31.01.001/2020-21 December 4, 2020 All Regional Rural Banks Madam/ Sir, Introduction of Liquidity Adjustment Facility (LAF) and Marginal Standing Facility (MSF) for Regional Rural Banks (RRBs) In order to provide an additional avenue for liquidity managem..


Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020

 Notification No#21/2020     04 December 2020

Circular No. 21 /2020 F. No. IT(A)/1/2020-TPL Government of India  Ministry of Finance  Department of Revenue  Central Board of Direct Taxes Dated: 4th December, 2020  Sub.: Clarifications on provisions of the Direct Tax Vivad se Vishwas Act, 2020 - reg. With the obje..

Posted in Income Tax

Declaration of dividends by banks

 Notification No#RBI/2020-21/75 DOR.BP.BC.No.29/21.02.067/2020-21     04 December 2020

RBI/2020-21/75 DOR.BP.BC.No.29/21.02.067/2020-21 December 4, 2020 All Commercial Banks and All Cooperative Banks, Madam / Dear Sir, Declaration of dividends by banks Please refer to our circular DOR.BP.BC.No.64/21.02.067/2019-20 dated April 17, 2020, on the captioned subject. ..


Advisory on Advertisements on Online Gaming, Fantasy Sports, etc.

 Notification No#No. 4407/13/2019-BC-I     04 December 2020

No. 4407/13/2019-BC-I Government of India Ministry of Information & Broadcasting A Wing, Shastri Bhavan New Delhi — 110 001 Dated the 4th December, 2020 To All Private Satellite TV Channels Subject: Advisory on Advertisements on Online Gaming, Fantasy Sports, etc. I..

Posted in Miscellaneous




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