Searched for
CREDIT FACILITIES AMENDMENT
RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISMEFISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt wo...- Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
- India amends Foreign Trade Policy for easier rupee invoicing and payments for exportersThe government has amended its Foreign Trade Policy to ease rupee invoicing for exporters. Eligible rupee receipts now qualify for export b...
- NBFCs seek RBI rethink on revolving credit curbSenior representatives of some of the country's largest NBFCs met on August 14 to discuss the issues they intend to raise with the RBI. The...
- MSMED Bill promises faster payments, but TReDS hurdles and GST ambiguity may leave smaller firms behindThe Micro, Small and Medium Enterprises Development (Amendment) Bill was passed by Parliament last week, nearly two decades after the MSMED...
- Bajaj Finance, Bajaj Finserv shares fall up to 5% on RBI's new proposal for NBFCsShares of Bajaj Finance and Bajaj Finserv fell sharply after the RBI proposed restricting NBFCs to offering only term loans, effectively ba...
- RBI plans to bar NBFCs from offering revolving credit without approvalIn a recent announcement, the Reserve Bank of India has introduced fresh regulations for non-banking financial companies. Moving forward, N...
- Sebi changes rules on unpaid client securities to ease broker operationsSEBI has revised rules for handling unpaid client securities, introducing auto-pledges in clients' demat accounts, stricter timelines, dail...
- RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
- RBI says UPI-linked credit lines must follow same rules as traditional loans; Closes regulatory arbitrageThe Reserve Bank of India has mandated uniform prudential treatment for all credit facilities, including those disbursed via UPI. This move...
- TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do itTaxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...
- RBI defers capital market exposure norms to July 1The Reserve Bank of India has postponed new capital market exposure rules. The implementation date is now July 1, 2026. Banks issuing payme...
- RBI issues amendments to update various regulationsThe Reserve Bank of India has amended the Large Exposures Framework and Intragroup Transactions guidelines, directing banks to manage conce...
- In the fast lane? New draft GST return form seeks to provide relief to exportersThe current system has faced issues and created delays in refunds for exporters, one of the reasons being data-transmission gaps between GS...
- Cabinet clears changes to GST laws, to be placed in ParliamentThe amendments to the Central GST, Integrated GST and Compensation Cess laws will now be placed in Parliament in the ongoing session.
- Cabinet clears amendments to GST lawsThe government will now table amendments to the Central GST law, Integrated GST law, Compensation Cess law in the ongoing monsoon session o...
- GST returns: This is how the simplified return filing process looks likeIn the 27th meeting held on May 4, 2018 the Council had approved the basic principles of GST return design and directed the law committee t...
- GST Council unveils draft of changes proposed to GST lawThis may bring cheer from labourers, nurses, security guards and working women and would align the GST law with the labour laws and other e...
- Facebook secures USD 6.5 bn revolving credit from JP MorganSocial networking giant Facebook has tied up with JP Morgan Chase Bank for a revolving credit facility worth up to USD 6.5 billion.
- Reliance Steel & Aluminum Co raises credit facility to $1.5 bnReliance Steel & Aluminum Co said it raised its credit facility by 36 per cent to $1.5 billion, as the metals processor looks to acquire sm...
Load More
