Four Non-Banking Financial Companies (NBFCs) surrender their Certificate of Registration to the RBI
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![Four Non-Banking Financial Companies (NBFCs) surrender their Certificate of Registration to the RBI](https://static.wixstatic.com/media/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.webp)
![](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_235,h_235,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
![Reserve Bank of India amends the regulatory framework of the Asset Reconstruction Companies (ARCs)](https://static.wixstatic.com/media/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_59d4b9a872784e1c8f1bb326c9a0ab9f~mv2.webp)
- Oct 12, 2022
- 1 min
Reserve Bank of India amends the regulatory framework of the Asset Reconstruction Companies (ARCs)
![](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
![Contingency Fund is a provision created in a Resolution Plan to avoid inevitable losses of creditors](https://static.wixstatic.com/media/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_63b77778a10e48b1ae6c01dcf466a4d9~mv2.webp)
- Oct 10, 2022
- 1 min
Contingency Fund is a provision created in a Resolution Plan to avoid inevitable losses of creditors
![RBI cancels the licence of The Seva Vikas Co-operative Bank Ltd, Pune, Maharashtra](https://static.wixstatic.com/media/d515a3_258adbd5a2ed4e0ea98fa4d130e05380~mv2.png/v1/fill/w_200,h_200,fp_0.50_0.50,q_95,enc_auto/d515a3_258adbd5a2ed4e0ea98fa4d130e05380~mv2.webp)
- Oct 10, 2022
- 2 min
RBI cancels the licence of The Seva Vikas Co-operative Bank Ltd, Pune, Maharashtra
![](https://static.wixstatic.com/media/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.jpg/v1/fill/w_235,h_235,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.webp)
![Govt. considers measures like auto debiting other accounts of the issuer to curb cheque bounce cases](https://static.wixstatic.com/media/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.jpg/v1/fill/w_209,h_168,fp_0.50_0.50,q_90,enc_auto/d515a3_4d35edad71f5469387628a1ab8463c96~mv2.webp)
- Oct 10, 2022
- 2 min
Govt. considers measures like auto debiting other accounts of the issuer to curb cheque bounce cases
![](https://static.wixstatic.com/media/d515a3_d59d76d05d944a368d5b5a4e90c8e287~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,lg_1,q_30,blur_30,enc_auto/d515a3_d59d76d05d944a368d5b5a4e90c8e287~mv2.webp)
![Central Government notifies the jurisdiction of the Debts Recovery Tribunals](https://static.wixstatic.com/media/d515a3_d59d76d05d944a368d5b5a4e90c8e287~mv2.jpg/v1/fill/w_209,h_181,fp_0.50_0.50,q_90,enc_auto/d515a3_d59d76d05d944a368d5b5a4e90c8e287~mv2.webp)
- Oct 8, 2022
- 2 min
Central Government notifies the jurisdiction of the Debts Recovery Tribunals
![](https://static.wixstatic.com/media/d515a3_9c316f01b161499c9636708eaa18fb8e~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_9c316f01b161499c9636708eaa18fb8e~mv2.webp)
![Central Government appoints Ms Reetu Jain, Economic Adviser, as the Ex-officio Member of the IBBI](https://static.wixstatic.com/media/d515a3_9c316f01b161499c9636708eaa18fb8e~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_9c316f01b161499c9636708eaa18fb8e~mv2.webp)
- Oct 8, 2022
- 1 min
Central Government appoints Ms Reetu Jain, Economic Adviser, as the Ex-officio Member of the IBBI
![](https://static.wixstatic.com/media/d515a3_f9ce9cba30424ba1baf23eda311e6307~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_f9ce9cba30424ba1baf23eda311e6307~mv2.webp)
![SC rejects Review Plea against Vidarbha case which held NCLT's power to admit CIRP is discretionary](https://static.wixstatic.com/media/d515a3_f9ce9cba30424ba1baf23eda311e6307~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_f9ce9cba30424ba1baf23eda311e6307~mv2.webp)
- Oct 7, 2022
- 2 min
SC rejects Review Plea against Vidarbha case which held NCLT's power to admit CIRP is discretionary
![RBI issues Reserve Bank of India (Credit Information Companies- Internal Ombudsman) Directions, 2022](https://static.wixstatic.com/media/d515a3_babf660eb6394db79a3c74684d95ebcd~mv2.png/v1/fill/w_209,h_209,fp_0.50_0.50,q_95,enc_auto/d515a3_babf660eb6394db79a3c74684d95ebcd~mv2.webp)
- Oct 7, 2022
- 1 min
RBI issues Reserve Bank of India (Credit Information Companies- Internal Ombudsman) Directions, 2022
![](https://static.wixstatic.com/media/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.jpg/v1/fill/w_250,h_250,fp_0.50_0.50,q_30,blur_30,enc_auto/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.webp)
![RBI imposes monetary penalties on four Co-operative banks for contravention of its directions](https://static.wixstatic.com/media/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.jpg/v1/fill/w_209,h_209,fp_0.50_0.50,q_90,enc_auto/d515a3_11dfc07cfc0542dcab623fc3bf9dcbd3~mv2.webp)
- Oct 6, 2022
- 1 min
RBI imposes monetary penalties on four Co-operative banks for contravention of its directions