Posts by Shahrukh Ansari:
How can Authorised Share Capital be Increased
After incorporation of the company whether Public limited Company or private limited company registration, there are so many compliances which happen on day to day basis. As the business expands, companies are required to do so many changes which trigger various compliance requirements. Increase in authorised share capital is one of those compliance requirements. Usually, […]
RBI Guv stabilizes volatile rupee with forex reserves
India’s central bank governor, Shaktikanta Das, has skillfully managed a delicate balance: controlling rupee volatility while allowing its gradual depreciation to support Prime Minister Narendra Modi’s export goals.zF The Reserve Bank of India’s foreign exchange reserves have surged to nearly $700 billion, drawing comparisons to China’s buildup two decades ago. Under Das’s leadership—set to conclude […]
SEBI Launches 3 Data Benchmarking Institutions
Mr. Ashwani Bhatia, a longstanding member of SEBI, announced the opening of three Data Benchmarking Institutions (DBIs) and stated that data access will be a ground-breaking endeavor to improve openness and reliability in Real Estate Investment Trusts (REITs). The Securities and Exchange Board of India provided direction to CAMS, CARE Edge, and KFin Tech while […]
Finance Minister to launch NPS Vatsalya Scheme
In line with the Union Budget 2024-25, the Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, will launch the NPS Vatsalya scheme on September 18, 2024, in New Delhi. School children will also participate in the launch. During the event, the Finance Minister will also introduce an online platform for subscribing to NPS […]
Deposit Cash at ATMs Using UPI
ATMs now allow cash deposits without a physical card! The Reserve Bank of India (RBI) now allows customers to deposit cash at bank ATMs without using a debit card or PIN Consumers can use cash deposit machines (CDMs) and Unified Payments Interface (UPI) apps to deposit cash at ATMs. Deputy Governor T Rabi Sankar of […]
Criteria for entry, exit of stocks in F&O segment revised by SEBI
The requirements for equities to be included in the futures and options (F&O) segment have become more stringent, according to the Securities and Exchange Board of India (SEBI). To avoid manipulation and reduce systemic risks, the market regulator wants stocks that are traded by a wide range of market participants and are more liquid. On […]
What is the difference between flat interest rate and reducing balance interest rate?
If you are looking to avail any kind of loan, the most important thing to consider is the interest rate at which you will borrow the money. There is a general perception that the higher the interest rate, the bigger the EMI you would pay. So, for anyone looking to take a loan, it is […]
RBI plans to launch Unified Lending Interface
The Reserve Bank of India (RBI) Governor Shaktikanta Das stated that Unified Lending Interface (ULI) will have a nationwide launch in due course. Like Unified Payment Interface (UPI), which has completely changed the nation’s retail payment system, the ULI will change the lending environment. What did the RBI Governor Announce? The RBI started a pilot […]
SEBI Imposes Market Ban On Anil Ambani & 24 Others
The Securities and Exchange Board of India (SEBI) has fined Rs. 624 crore on Reliance Group Anil Ambani Chairman and 24 others for allegedly embezzling money from Reliance Home Finance Limited (RHFL). The market regulator has also banned Anil Ambani from accessing the securities market. Additionally, for a period of five years, individual entities are […]
RBI Governor Mr. Das ranked top central banker globally
For the second consecutive year, the Reserve Bank of India (RBI) Governor Shaktikanta Das has been rated “A+” among all the central bank chiefs around the globe. The governor was praised by Prime Minister Narendra Modi, who claimed that this demonstrated the governor’s leadership. Apart from RBI Governor, Denmark’s Christian Kettel Thomsen and Switzerland’s Thomas […]