Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time
In terms of Section 31 of the Banking Regulation Act, 1949 (“the Act”), read with Section 56 of the Act, accounts and balance sheet referred to in Section 29 of the Act together…
COVID Resolution Framework - 2.0: For MSMEs
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04-06-2021
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admin
- 389
Resolution Framework - 2.0: Resolution of Covid-19 related stress of Micro, Small and
Medium Enterprises (MSMEs) – Revision in the threshold for aggregate exposure
A reference is invited to the circular DOR.STR.REC.12/21.04.048/2021-22 on “Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs)” dated…
COVID Resolution Framework - 2.0 For Individuals &
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04-06-2021
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admin
- 1947
Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and
Small Businesses – Revision in the threshold for aggregate exposure
A reference is invited to circular DOR.STR.REC.11/21.04.048/2021-22 on “Resolution Framework – 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses” dated May 5, 2021.
2. Clause…
Guidelines for Appointment of SCAs/SBAs of Banks
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27-04-2021
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admin
- 477
A Circular on ‘Guidelines for Appointment of Statutory Central Auditors (SCAs)/ Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)’ has been issued today. These Guidelines provide necessary instructions for appointment of SCAs/SAs, the number of auditors, their eligibility criteria, tenure and rotation, etc. while ensuring…
Direction Related to Appointment of Directors
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26-04-2021
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admin
- 619
RBI has issued Instructions with regard to the Chair and Meetings of the Board, Composition of Certain Committees of the Board, Age, Tenure and Remuneration of Directors, and Appointment of the Whole-Time Directors (WTDs).
