2006 Related Articles

Mar - 2022

23

Amendments in Schedule III to the Companies Act, 2013

Amendments in Schedule III to the Companies Act, 2013

Amendments in Schedule III to the Companies Act, 2013 Amendments in Schedule III to the Companies Act, 2013 were introduced on March 24, 2021, to improve the quality and reliability of financial statements. Some new disclosures were also added to Schedule III, such as disclosures about promoter sha ...

Jun - 2020

08

Revised Criteria and Definition of MSME

Revised Criteria and Definition of MSME

Revised Criteria and Definition of MSME A revision in Micro Small and Medium Enterprises (MSME) definition was announced in the Atmnirbhar Bharat package on 13th May 2020. After the package was reported, several representations for upward revision of the MSME definition were made. Considering this, ...

May - 2019

06

Ombudsman for Digital Transactions

Ombudsman for Digital Transactions

Ombudsman for Digital Transactions The Reserve Bank of India has implemented the Ombudsman for Digital Transactions (OSDT) in continuation of the Monetary Policy Statement released in 2018. The Scheme was launched under the Section 18 of Payment and Settlement Systems Act, 2007 and it was enforced ...

Dec - 2018

15

Working Capital Term Loan Scheme

Working Capital Term Loan Scheme

Working Capital Term Loan Scheme Working capital is a fundamental requirement of every business, without which its very functioning is at stake. A working capital term loan is accorded to extend long-term working capital credit facilities to entrepreneurs so as to assist them in addressing issues s ...

May - 2018

30

Banking Ombudsman

Banking Ombudsman

Banking Ombudsman Banking Ombudsman is a senior official appointed by the Reserve Bank of India(RBI) or a quasi (nominal) judicial authority functioning under India’s Banking Ombudsman Scheme 2006. Banking Ombudsman has the responsibility to resolve customer complaints against deficiency in banking ...

Mar - 2018

27

Commercial Paper in India

Commercial Paper in India

Commercial Paper in India Commercial paper was first issued in the year 1990 in India as a short-term instrument. Commercial papers were introduced as a privately placed instrument for the Non-Banking Financial Companies (NBFC Registration) mainly to enable highly rated corporate borrowers to diver ...

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