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Commerce Club

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  • Income Tax
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FinanceRBI
May 10, 2015 commerceclub

All Term Deposit in Banks below Rs.15Lakh should have premature Withdrawal facality

BI/2014-15/554 DBR.No.Dir.BC.87/13.03.00/2014-15 April 16, 2015 Please refer to our circulars DBOD. No. Dir.BC.36/13.03.00/98 dated April 29, 1998, DBOD. No. Dir.BC.07/13.03.00/2001-02 dated

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RBI
May 10, 2015 commerceclub

Guidelines on Corporate Governance – For NBFC: RBI

RBI/2014-15/552 DNBR (PD) CC.No.029/ 03.10.001/ 2014-15 April 10, 2015 Please refer to the Revised Regulatory Framework for NBFCs issued vide DNBR

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RBI
May 10, 2015 commerceclub

NBFCs- Lending against Shares 50% LTV to be maintained at all times

RBI/2014-15/551 DNBR (PD).CC.No.028/03.10.001/2014-15 April 10, 2015 Please refer to our circular DNBS (PD).CC.No.408/03.10.001/2014-15 dated August 21, 2014. We have since received

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RBI
May 10, 2015 commerceclub

Deccan Grameena Bank name changed to Telangana Grameena Bank: RBI

RBI/2014-15/547 DBR.RRB.BC.No.86 /31.04.002/2014 -15 April 9, 2015 We advise that the name of ‘’Deccan Grameena Bank’’ has been changed to ‘’Telangana

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RBI
May 10, 2015 commerceclub

Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Projects Under Implementation

RBI/2014-15/538 DBR.No.BP.BC.84/21.04.048/2014-15 April 6, 2015 We have been receiving representations from banks that, in the case of projects which have been

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RBI
May 10, 2015 commerceclub

Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances – Refinancing of Exposures to Borrowers: RBI

RBI/2014-15/539 DBR.No.BP.BC.85/21.04.048/2014-15 April 6, 2015 In terms of circular DBOD.No.BP.BC.107/21.04.048/2013-14 dated April 22, 2014 and A.P. (DIR Series) Circular No.129 dated

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RBI
May 10, 2015 commerceclub

Provisioning by Banks for Fraud advance Accounts: RBI

RBI/2014-15/535 DBR.No.BP.BC.83/21.04.048/2014-15 April 1, 2015 Please refer to the guidelines compiled in paragraph 4.2.9 of Master Circular on Prudential Norms on

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RBI
May 10, 2015 commerceclub

NBFC can Distribute Mutual Fund products without Prior Approval of RBI

RBI/2014-15/578 DNBR. (PD).CC.No. 033/03.10.001/2014-15 April 30, 2015 2. On a review, since the distribution of Mutual Fund products by the NBFCs

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RBI
May 10, 2015 commerceclub

Import from Third Country by Nepal & Bhutan Via India would qualify for traffic-in-transit

RBI/2014-15/580 A.P.(DIR Series) Circular No. 97 April 30, 2015 Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to A.P.

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GST
May 10, 2015 commerceclub

GST rate will be lower than speculated 27%

Finance Minister Arun Jaitley cleared the air on the GST (Goods and Services Tax) rate. While replying to the debate

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