Chhattisgarh HC: Father Must Provide Maintenance and Marriage Expenses to Unmarried Adult Daughter || Delhi HC Rules That ‘Hermès’ and the 3D Shape of its ‘Birkin’ Bag are Well-Known Trademarks in India || Kerala HC: Arrest is Illegal if Accused isn’t Produced in 24 Hours and Rearrest From Prison is Barred || Supreme Court: Treating Every Sour Relationship as Rape Undermines the Seriousness of the Offence || Supreme Court: Section 7 IBC Application Cannot be Rejected for Curable Defects in Affidavit || NCLT Kochi: Sec 7 Insolvency Cannot be Filed Against Guarantor Without First Enforcing the Guarantee || Patna High Court: Mere Two-And-A-Half-Year Incarceration is Not Sufficient for Bail under UAPA || Bombay HC: Insolvency Cannot be Used to Evade a Family Court’s Maintenance Order || Kerala HC: Forklifts and Factory Cranes Are Motor Vehicles and Must be Registered under MV Act || Guj HC: Edible Crude Palm Kernel Oil Qualifies for Duty Exemption; End-Use Condition not Applicable

RBI requires frequent updates on CP and UFCE investments- (Reserve Bank of India) (23 Jun 2016)

MANU/RMIC/0101/2016

Banking

Investment by banks and financial institutions in commercial papers will have to be reported monthly to all credit information companies, the Reserve Bank notified. Unhedged foreign currency exposures will also have to be reported every quarter.

Reporting requirements will become effective from 1 July 2016, with reports showing the position for the month of June 2016.

Relevant : Data Format for Furnishing of Credit Information MANU/DBOD/0050/2014

Tags : COMMERCIAL PAPER UNHEDGED EXPOSURE REPORTING CREDIT COMPANY

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