Page 3 - Master Circular News Today

The Calcutta High Court has recently held that it is impermissible and violative of the Right to Equality under Article 14 of the Constitution, to differentiate between contractual employees and...

Due to an increase in unclaimed amounts and concerns from insurers over regulatory compliance, the Insurance Regulatory & Development Authority of India (IRDAI) modified the Master Circular on unclaimed amounts of policyholders

The Indian FinTech ecosystem, the third largest in the world, is expected to reach a market size of US$ 150 billion by 2025. Digital lending has become a US$ 270 billion market in 2022. However, recent years have seen an increase in financial fraud and irregularities, leading to a lack of trust in the sector. The RBI has implemented regulations and guidelines to address these concerns, including registration requirements for FinTech companies and enhanced data privacy measures.

From 1 February, users can transfer money through IMPS using just the receivers mobile number and bank account name, without adding a beneficiary or IFSC code

New NPS partial withdrawal rule: The Pension Fund Regulatory and Development Authority allows subscribers to make partial withdrawals from their accumulated pension wealth in the National Pension System for specific purposes

Come February 1, there will be some significant changes in financial rules, such as pension fund partial withdrawal, investment in SGBs, and others, which will affect many people.

Heres a look at some of the major changes including NPS partial withdrawal, IMPS new update, SBI home loan campaign offer, Punjab and Sindh Banks special FD deadline, latest SGB tranche and more.

ODIs, often loosely called participatory notes, are issued by FPIs (against underlying securities in India) to offshore investors who bet on Indian stocks without registering themselves with the Securities & Exchange Board of India (SEBI).

Institutional investors will have to disclose upfront at the time of placement of an order whether the transaction is a short sale, according to a new circular issued by markets regulator SEBI on Friday.However, retail investors would be ...

ENPS facilitates the effortless opening of NPS accounts for the Government employees, empowering them to do so in a paperless, user-friendly manner, said Pension Fund Regulatory and Development Authority (PFRDA) in a master circular. What is eNPS, who can use it, how to use it and more.