Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
RBI has updated the FAQs on the Annual Return on Foreign Liabilities and Assets, focusing on compliance deadlines and reporting requirements under FEMA. Entities must ensure they meet the July 15 deadline.
The FEMA FLA Return is a position-based compliance requirement tied to outstanding foreign investments, with a crucial July 15 deadline for filings. The article outlines recent updates and reporting rules to aid compliance.
The RBI has updated its directives to exempt long-term NRE deposits from CRR and SLR requirements for Small Finance Banks, enhancing liquidity management.
Long-term NRE deposits have been exempted from CRR and SLR for Urban Co-operative Banks as per RBI's recent directions, enhancing liquidity.
The RBI has exempted eligible long-term NRE deposits from CRR and SLR for Rural Co-operative Banks, aiding liquidity management.
The RBI has amended its regulations to exempt long-term NRE deposits from CRR and SLR requirements for Regional Rural Banks, enabling better liquidity management.