RBI launches Complaint Management System to lodge Complaints against Entities regulated by Reserve Bank
The “Complaint Management System (CMS)” of Reserve Bank of India ( RBI ) was launched by the Governor, RBI today. It is a software application to...
![Penalty can’t be levied for Rejection of Bonafide Claim: Bombay High Court [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/05/Appellate-Court-Bombay-High-Court-Taxscan.jpg "Penalty can’t be levied for Rejection of Bonafide Claim: Bombay High Court [Read Order]")
RBI notifies revised Voluntary Retention Route for Investments by Foreign Portfolio Investors and opens allotment ‘on tap’
The Reserve Bank of India ( RBI ) introduced the Voluntary Retention Route for Investments by Foreign Portfolio Investors (FPIs) on March 01, 2019. Limits for investment in debt by Foreign Portfolio...
RBI releases draft circular on “Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies” for public comments
The Non-Banking Financial Companies (NBFCs) play an important role in the financial system of the country, particularly in delivering credit to the last mile, including the retail as well as MSME...
![RBI Circular struck down, CG along with RBI to Authorize Insolvency: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2019/04/Taxation-Statutes-Supreme-Court-Taxscan.jpg "RBI Circular struck down, CG along with RBI to Authorize Insolvency: Supreme Court [Read Judgment]")
Willful Defaulter under RBI Act can’t be represented through Advocate / Chartered Accountants: Madhya Pradesh HC [Read Judgment]
The Madhya Pradesh High Court has held that a ‘willful defaulter’ under the Reserve Bank of India (RBI) cannot be represented through the lawyers or Chartered Accountants. The State Bank of India has...
![Willful Defaulter under RBI Act can’t be represented through Advocate / Chartered Accountants: Madhya Pradesh HC [Read Judgment]](/images/placeholder.jpg "Willful Defaulter under RBI Act can’t be represented through Advocate / Chartered Accountants: Madhya Pradesh HC [Read Judgment]")