Russia’s second largest bank launches direct payments in rupees
Russian VTB bank, Russia’s second largest bank, launches direct payments in rupees in what would boost bilateral trade and investments in a big way.Russian...
How to Get Back your Shares from Investor Education and Protection Fund
Procedure to claim Refund
The procedure to claim IEPF Refund by filing Form IEPF-5 is explained in detail below:
Download Form IEPF-5
The claimant needs to download...
Structured Digital Database Compliance Certificate
All About STRUCTURED DIGITAL DATABASE Certificate
Unpublished Price Sensitive Information
Regulation 2(1)(n) of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 defines the expression ‘unpublished...
SEIS Benefit Can Be Claimed Even If you Don’t have IEC Registration
Hon’ble High court Decision Regarding SEIS benefit can’t be denied for not having IEC when services rendered No IEC required for availing benefit of...
18 Upcoming IPO’s in 2022-23
Upcoming IPO in FY 2022-23
Go Airlines:- India’s popular budget airline Go Airlines aims to rake up Rs. 3,600 crores through its IPO. The face...
Over 100% increase in fake Rs 500 notes, says RBI report
The Reserve Bank of India (RBI) on Friday said that counterfeit notes of all denominations have increased in the financial year 2021-22 (FY22).
According to the central...
I Want To Sell My House In USA And Move To India. What Are...
I have been working in USA for more than 12 years and now my family and me are moving back to India for good this...
Top five asset management companies revealed for cross border funds
The top five asset management companies for cross-border distribution funds worldwide are Franklin Templeton, BlackRock, Schroders, Fidelity Investments and HSBC, according to PwC Luxembourg's...
Some Private Sector Banks Reporting CC Limit as Overdraft
While presenting the concerns of MSMEs before the Finance minister during Pre-budget consultations, the national Federation of Indian Micro and Small Medium Enterprises (FISME)...
LEI Now Mandatory Above 50 Cr of Foreign Transactions
The Legal Entity Identifier (LEI) is a 20-digit number used to uniquely identify parties to financial transactions worldwide to improve the quality and accuracy...
How You Can Invest in Government Securities via RBI’s Retail Direct Scheme
The Reserve Bank announces the activation of the RBI Retail Direct Scheme with effect from today. The Scheme was launched today in virtual mode...
Matrix Set to Launch First Abu Dhabi-regulated virtual assets trading platform
The first virtual assets trading platform that is fully compliant with the Abu Dhabi Global Market (ADGM) virtual asset policy framework, is set to...
19 Countries Which Give Citizenship Based on Investment for Indians
As India does not allow dual citizenship, India's investment migration market is primarily centred around residence-by-investment programs.
Up until a few years ago, India's market...
What is SME Exchange – Benefits of Listing Your Company
Have you ever wondered about investing in start-ups, more specifically a stock that will give you multifold returns? Here, we are not talking about...
Central Bank Digital Currency (CDSC) is the Future of Digital Money in India
Introduction
The idea of “Central Bank Digital Currencies” (CBDC) is not a recent development. Some attribute the origins of CBDCs to Nobel laureate James Tobin2,...
Cryptocurrency market continuously fall it’s time for decision of buy or sale
May has been a stress-filled month for cryptocurrency investors. The world’s largest cryptocurrency Bitcoin came to an almost 4-month low last month. Earlier Bitcoin...
SEBI discusses 100% shareholding in MII’s, norms for Independent Directors
The board of Securities and Exchange Board of India (SEBI) will meet in the last week of June to likely clear the annual accounts...
RBI imposed penalty of 4 crores on Bank of India and 2 crores on...
The RBI on Monday imposed penalty aggregating to ₹6 crore on Bank of India and Punjab National Bank for contravention of norms, including one related...
Paytm seeks a drop in the revenues, also cuts losses by 42% in the...
IPO-bound One97 Communications Ltd, the parent brand which owns Paytm, saw its consolidated revenues shrink by 11% to ₹3186.8 crore for fiscal year 2020 -2021...
Highlights of RBI’s Monetary Policy
he Reserve Bank of India (RBI) is likely to maintain status quo on benchmark interest rate in its second Monetary Policy Meet of this...
RBI has cancelled licence of Bank for not having adequate capital and earning prospectus
In a big development, the Reserve Bank of India (RBI) has cancelled the licence of a bank for not having have adequate capital and...
Loan growth promising, banks capital base impaired according to RBI Report
The Reserve Bank of India (RBI) on Thursday said the second Covid wave’s macro-economic cost to the country could hopefully be limited to the...
RBI ordered banks for implementation of Covid-19 package
With credit offtake remaining sluggish amid the Covid pandemic, the Reserve Bank of India (RBI) on Tuesday asked private banks to ensure credit facilities to...
India received $81.7 billion FDI in FY21
India received $81.72 billion foreign direct investment (FDI) in FY21, the highest ever and 10% more than what was received in the year before,...
RBI transfers Rs.99000 crores as dividend to Govt.
The Reserve Bank of India (RBI) will transfer Rs 99,122 crore as surplus to the central government for the nine months ended March 31...
SEBI puts on hold on the implementation of the diktat requiring custodians to monitor...
The Securities and Exchange Board of India (Sebi) has put on hold the implementation of the diktat requiring custodians to monitor foreign holding in depository...
India must standardize cryptocurrency that deals with FEMA compliances, investors identity and other legal...
13 years after being invented by Satoshi Nakamoto, Bitcoin(BTC) is bigger than ever in 2021. The combined market cap of cryptocurrencies has been on...
RBI governor announced measures to protect business from second wave of covid 19
RBI on Wednesday allowed certain individual and small borrowers more time to repay debt and allowed banks to give priority loans to vaccine makers,...
RBI’s bank audit, challenges to come
The Reserve Bank of India (RBI) on Tuesday issued guidelines for the appointment of statutory auditors at banks, regional rural banks, urban cooperative banks...
Representation of AT-1 Bonds as Super FDs by Yes Bank
Yes Bank and three members of its private wealth management team misled and manipulated investors to buy their risky additional tier-1 bonds, the market...