![Centre places private-sector lender Lakshmi Vilas Bank under a moratorium and restricts withdrawals of more than Rs.25,000 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/11/private-sector-lender-Lakshmi-Vilas-Bank-moratorium-withdrawals-Taxscan.jpg "Centre places private-sector lender Lakshmi Vilas Bank under a moratorium and restricts withdrawals of more than Rs.25,000 [Read Notification]")
Centre places private-sector lender Lakshmi Vilas Bank under a moratorium and restricts withdrawals of more than Rs.25,000 [Read Notification]
The Centre has placed private-sector lender Lakshmi Vilas Bank Ltd. under a moratorium and has restricted withdrawals of more than Rs.25,000 for one...
![RBI notifies Discontinuation of Returns/Reports under Foreign Exchange Management Act, 1999 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/11/RBI-Discontinuation-of-Returns-Foreign-Exchange-Management-Act-Taxscan.jpg "RBI notifies Discontinuation of Returns/Reports under Foreign Exchange Management Act, 1999 [Read Notification]")
![Govt. issues directions for Interest Waiver: Scheme for grant of ex-gratia payment [Read Letter]](https://www.taxscan.in/wp-content/uploads/2020/10/government-Interest-Waiver-grant-of-ex-gratia-payment-ex-gratia-payment-Taxscan.jpg "Govt. issues directions for Interest Waiver: Scheme for grant of ex-gratia payment [Read Letter]")
![Activities of Liaison Office amounts to Supply of Service, liable to pay GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Activities-Liaison-Office-Supply-of-Service-liable-pay-GST-AAR-Taxscan.jpeg "Activities of Liaison Office amounts to Supply of Service, liable to pay GST: AAR [Read Order]")
Interest Subvention Scheme for MSMEs: RBI includes Co-op Banks as lending institution [Read Circular]
The Reserve Bank of India (RBI) has allowed co-operative banks including urban cooperative banks to avail Interest Subvention Scheme for micro, small and medium enterprises (MSMEs), which was earlier...
Delhi High Court refuses to grant injunction against BFA for the alleged infringement of Chartered Financial Analysts’ registered mark [Read Order]
The Delhi High Court refused to grant an injunction against the Banking Financial Analyst (BFA) for the alleged infringement of Chartered Financial Analysts (CFA) registered mark. The...
Yes Bank Case: Madras HC upholds legal validity of RBI’s circular on Additional Tier 1 Capital Bonds [Read Judgment]
The Madras High Court while dismissing a plea by investors of Yes Bank upheld the legal validity of the Reserve Bank of India’s (RBI) circular on additional Tier 1 Capital bonds. Yes Bank's AT1...
![Govt. appoints New Members to the Monetary Policy Committee of RBI [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/RBI-Monetary-Policy-Committee-members-Central-Government-Taxscan.jpg "Govt. appoints New Members to the Monetary Policy Committee of RBI [Read Notification]")
![Govt. extends Madhabi Puri Buch‘s tenure at SEBI [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/Madhabi-Puri-Buch-Securities-and-Exchange-Central-Government-extends-Taxscan.jpg "Govt. extends Madhabi Puri Buch‘s tenure at SEBI [Read Notification]")
Centre agrees relief to distressed Borrowers in the form of Waiver of Compound Interest: Govt. files affidavit before SC
The government has told the Supreme Court that it has decided to waive “interest on interest” on loans of up to Rs. 2 crore during the six-month moratorium period. The petitioner, Gajendra Sharma...
