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Updates For the Day: April 29, 2024

RBI framework for Voluntary transition of Small Finance Banks to Universal Banks

The eligible SFB may submit its application for transition to Universal Bank, in the prescribed...

RBI has issued the limits for investment in debt and sale of credit default swaps by Foreign Portfolio Investors (FPIs)

The limits for FPI investment in government securities (g-secs), state government securities (SGSs) and corporate...

RBI invites comments on the Draft Circular on “Digital Lending – Transparency in Aggregation of Loan Products from Multiple Lenders”

Comments/ feedback, if any, may be sent by e-mail with the subject line "Comments on...

RBI FAQ on comprehensive guidelines on Default Loss Guarantee (DLG) in Digital Lending

The Reserve Bank of India (RBI) has recently issued FAQ on comprehensive guidelines on Default...

India Allows Limited Onion Exports To Specified Countries

It may be recalled that a ban on onion exports was implemented due to concerns...

Enhancing Occupational Safety: The Draft Sikkim Occupational Safety, Health and Working Conditions Rules, 2024

The Labour Department of Sikkim has issued the Draft Sikkim Occupational Safety, Health and Working...

Updated Standards for City Natural Gas Distribution Networks in India

The amendments primarily focus on updating standards for natural gas metering equipment within these networks....

New Rules Regulate Captive Elephant Transfers and Transport in India

The rules provide that transfers and transport of elephants require separate applications to be submitted...