The Bench comprising of Mr. Justice Ashok Bhushan (Chairperson) and Mr. Barun Mitra (Technical Member) of Hon’ble National Company Law Appellant Tribunal,
In March 2020, the Reserve Bank of India (RBI) issued the guidelines to regulate the activities of the domestic payment aggregators (Domestic PA Framework) and mandated the payment aggregators (PAs) to seek authorisation from the RBI for their payment aggregation business.
The expert committee constituted by the International Financial Services Centres Authority (IFSCA) has submitted its report titled ‘Onshoring the Indian Innovation to GIFT IFSC’.
The concept of family office has gained prominence in India over the past 8-10 years, especially due to an increase in the number of the high net worth individuals (HNIs) who have started exploring the family office as one of most efficient and effective means for investment, wealth management and succession planning.
The Reserve Bank of India (RBI) had constituted a working group in January 2021 to study all aspects of digital lending activities by regulated and unregulated entities/players in the financial sector with an aim to regulate the digital lending in India.