29 April 2024



Notifications & Circulars

Circular regarding voluntary transition of Small Finance Banks to Universal Banks(26.04.2024)

1. This is with reference to Paragraph 14 of the "Guidelines for 'on-tap' Licensing of Small Finance Banks in Private Sector" dated December 5, 2019, .....

Supervisory action against Kotak Mahindra Bank Limited under Section 35A of the Banking Regulation Act, 1949(24.04.2024)

The Reserve Bank of India has today, in exercise of its powers under Section 35A of the Banking Regulation Act, 1949, directed Kotak Mahindra Bank Lim.....

Extension of cross margin benefits for offsetting positions having different expiry dates(23.04.2024)

1. Chapter 5 of SEBI Master Circular dated October 16, 2023 for Stock Exchanges and Clearing Corporations inter-alia provides stipulations for cross m.....

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International Cases

Director of a company is liable for any loss, damages or costs sustained by the company as a consequence of any breach by the director

Present appeal concerns the interpretation of Section 218(2) of the Companies Act, 2008. The high court considered and upheld an exception to the part.....

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