Del HC: Pre-SCN Consultation is Unnecessary in Large-Scale GST Fraud Cases with Complex Transactions || Calcutta HC: Unilaterally Appointed Arbitrator Violates Natural Justice and Sets Aside the Award || Raj HC Upholds Padmesh Mishra’s AAG Appointment, Noting Advocacy Skill isn’t Tied to Experience || Supreme Court: Photographing a Woman not Engaged in Private Acts Does not Constitute Voyeurism || SC Directs UPSC to Permit Scribe Changes Till Seven Days Before Exams and Review Screen-Reader Use || Madras HC: Freedom of Religion Cannot Extend to Disturbing Peace Within Temple Premises || Delhi HC: Lokpal Cannot Form a Prima Facie View on Corruption Without Hearing The Official || MP High Court: DRT Cannot Restrict or Impose Conditions on a Person's Foreign Travel || Bombay HC: Results of Dec 2 And 20 Local Body Election Must be Declared Together || Delhi HC: Employment Disputes Cannot be Treated as Commercial Cases under the Act

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

Share :