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Corporate Law News


RBI INCREASES REPO, REVERSE REPO RATE BY 25 BPS

   20 March 2010 at 14:14

The Reserve Bank today raised its key short-term lending and borrowing rates by 25 basis points each as part of its tight money policy to combat inflation, which the government feels is a cause of concern. (Watch ) The repo and reverse rate (short-t ..

Posted in Corporate Law |   273 Views


CENTRE TO ENSURE UNIFORM VEHICLE TAX

   19 March 2010 at 12:27

The Centre plans to invoke a constitutional provision to end the wide disparity and diversity of motor vehicle taxes across the states. The idea is ensure that sundry taxes and levies on vehicles, including excise duty, road tax, registration charge ..

Posted in Corporate Law |   227 Views


RBI GUIDELINES ON NEW BANKING LICENCES LIKELY IN 3 MONTHS

   19 March 2010 at 12:26

The Reserve Bank of India today said it may come out with guidelines on new banking licences in about three months. "It (framework on new banking licences) may take three months. It all depends on what are the situations and complexities of iss ..

Posted in Corporate Law |   325 Views


SEBI ISSUES MASTER CIRCULAR TO CHECK IRREGULARITIES

   18 March 2010 at 13:07

In an effort to check the common irregularities being committed by the trading community more effectively, market regulator Sebi today came out with a master circular that consolidates various rules for oversight on different market players. Listing ..

Posted in Corporate Law |   380 Views


EPFO MAY SET 8.5% RATE FOR DEPOSITORS

   17 March 2010 at 13:29

The country's largest retirement fund manager EPFO's trustees are likely to announce next month 8.5 per cent interest rate for over 4.71 crore depositors for 2010-11. The Employees' Provident Fund Organisation's (EPFO) apex body Cent ..

Posted in Corporate Law |   226 Views


GOVT FOR MORE AMENDMENTS TO CONSUMER PROTECTION ACT

   16 March 2010 at 13:17

On the eve of World Consumer Rights Day, the government today said it will soon propose amendments to the Consumer Protection Act in Parliament, aimed at speedy disposal of a large number of consumer cases. "We are in the process of bringing ab ..

Posted in Corporate Law |   284 Views


INSURANCE SECTOR IPO NORMS LIKELY NEXT MONTH

   16 March 2010 at 13:14

The initial public offer (IPO) guidelines for the insurance sector are likely next month, the Insurance Regulatory and Development Authority (IRDA) today said. "The IPO guidelines could take a month-time and Securities and Exchange Board of Ind ..

Posted in Corporate Law |   238 Views


Guidelines for transfer of assets and liabilities of Urban Cooperative Banks to commercial banks

   26 February 2010 at 11:27

RBI/2009-10/325 UBD.BPD(PCB).Cir.No. 47/ 09.16.900/2009-10 February 24 , 2010 The Chief Executive Officer Primary (Urban) Cooperative Banks Dear Sir / Madam Guidelines for transfer of assets and liabilities of Urban Cooperative Banks to commercial b ..

Posted in Corporate Law |   624 Views


Interest Rates on Export Credit in Foreign Currency

   24 February 2010 at 12:17

RBI/2009-10/321 DBOD.DIR.(Exp).No. 76/04.02.001/2009-10 February 19, 2010 All Scheduled Commercial Banks Dear Sir/Madam, Interest Rates on Export Credit in Foreign Currency Please refer to our circular DBOD.DIR.(Exp).No.107/04.02.001/2008-09 dated F ..

Posted in Corporate Law |   442 Views


Government invites suggestions on amendments to the Press and Registration of Books Act

   23 February 2010 at 12:57

Government invites suggestions on amendments to the Press and Registration of Books Act Monday, February 22, 2010 - 17:25 IST Normal PIB-NIC 4 9 2010-02-21T23:54:00Z 2010-02-21T23:55:00Z 1 188 107 ..

Posted in Corporate Law |   432 Views