RBI – Digital Payments Index for March 2024
The RBI-DPI index has increased across all parameters driven by significant growth in payment performance and payment infrastructure across the country over the period.
RBI issues Prompt Corrective Action (PCA) Framework for Primary (Urban) Co-operative Banks
The Reserve Bank of India issued a Prompt Corrective Action (PCA) Framework for Primary (Urban) Co-operative Banks (UCBs). The provisions of the PCA Framework will be effective from April 1, 2025.
Regulatory Sandbox – Fifth Cohort (Theme Neutral) – Test Phase
The Reserve Bank received twenty-two applications of which five have been selected for the ‘Test Phase’. The entities shall commence testing of their solutions from August 2024.
Extended timeline for submission of comments/feedback on Draft Guidelines for Prevention and Regulation of Unsolicited and Unwarranted Business Communication, 2024
The comments may now be submitted until 05.08.2024. The comments may be submitted by email to js-ca@nic.in.
Securities and Exchange Board of India (Alternative Investment Funds) (Third Amendment) Regulations, 2024
Certificate of registration as a Category I Alternative Investment Fund –Venture Capital Fund (Migrated Venture Capital Fund)shall be granted by the Board to eligible AIFs.
SEBI analysis of Intraday trading by Individuals in Equity Cash Segment
The objective of this study is to analyze trading by individuals in intraday cash segment during the study period -FY19, FY22 and FY23.
Extension of timeline for submission of public comments on the consultation paper titled “Recommendations of the Expert Committee for facilitating ease of doing business and harmonization of the provisions of ICDR and LODR Regulations”
It has been decided to extend the timeline for submission of comments to July 29, 2024.
Consultation on Draft Amendment to Master Circular for Credit Rating Agencies (CRAs)
It is proposed that CRAs shall frame a policy in respect of upgrade of default rating to investment grade rating and place it on its website.
Coal Ministry Extends Timeline for Self-evaluation in Connection with Star Rating of Coal and Lignite Mines for F.Y. 2023-24
Ministry of Coal has decided to extend the deadline up to 31.07.2024 for submission of self-evaluation for star rating of Coal and Lignite mines for F.Y. 2023-24. The date has been extended from 15.07.2024 to ensure maximum participation and provide an opportunity for more mines to register and complete the self-evaluation process.
Press release on Cyber Crime reporting mechanism
The ‘National Cyber Crime Reporting Portal (NCRP)’ (https://cybercrime.gov.in) has been launched, as a part of the I4C, to enable public to report incidents pertaining to all types of cyber-crimes, with special focus on cyber-crimes against women and children. Cyber-crime incidents reported on this portal, their conversion into FIRs and subsequent action thereon are handled by the State/UT Law Enforcement Agencies concerned as per the provisions of the law.