SC: Menstrual Health is a Fundamental Right under Article 21; Orders Free Sanitary Pads in Schools || Supreme Court: Industrial Court is the Proper Forum to Decide Issues Relating to Contract Labour || Supreme Court: Only Civil Court of Original Jurisdiction Can Extend Arbitral Tribunal’s Mandate || SC: Demolition of Private Property Must Rest on Clear Statutory Grounds and Due Consideration || SC: After Complaint Was Withdrawn, BCI Disciplinary Committee Could Not Penalise Advocate || MP HC: Decree Holder Cannot Defeat Compromise or Initiate Execution by Refusing Debtor’s Cheque || MP HC: Spouse’s Income Cannot Be Clubbed With Public Servant’s for Disproportionate Assets Case || Ker HC: Bar Association is Not Employer & Cannot Form Internal Complaints Committee under POSH Act || SC: Ex-Contract Workers Must Be Preferred When Employers Replace Contract Labour With Regular Staff || SC: Waqf Tribunals Cannot Hear Claims over Properties Not Listed or Registered under Waqf Act

Reserve Bank of India (Issue and Pricing of Shares by Private Sector Banks) Directions, 2016- (Reserve Bank of India) (21 Apr 2016)

MANU/RMIC/0067/2016

Banking

The Reserve Bank of India issued Master Directions on the issue and pricing of shares by private sector banks. Under the provisions, pricing of shares by listed banks will be as per the SEBI formula, while unlisted banks will price shares as per the Companies Act. Banks will have to report to RBI with full details of the issue upon its completion.

Relevant : Issue and Pricing of Shares by Private Sector Banks MANU/DBOD/0061/2010

Tags : PRIVATE BANK SHARE ISSUE PRICING

Share :