Articles tagged with: Reserve Bank of India (RBI)

Argus starts fin-reg practice with RBI’s Pramod Panda

Argus Partners has added Reserve Bank of India (RBI) principal chief general manager Pramod Panda as a partner in Mumbai, to set up its financial regulatory practice.

SC: RBI has no fiduciary relationship to banks, must comply with RTI

The Supreme Court has increased transparency in the banking sector by holding that the Reserve Bank of India (RBI) cannot deny information sought under the right to information (RTI) law merely by citing economic interest and the central bank’s fiduciary relationship with banks.

AZB Mumbai hires RBI executive director G Padmanabhan

G Padmanabhan, executive director at the Reserve Bank of India (RBI), has joined AZB & Partners in Mumbai as a senior consultant, according to authoritative sources. He had been at the RBI for 36 years according to his Linked-in profile, and had become executive director in 2011, looking after ...

Vijay Mallya lucky in Gujarat? HC strikes down RBI wilful defaulter director restrictions, in unrelated case [READ ORDER]

Kingfisher promoter Mallya: Probably still screwed
Kingfisher promoter Mallya: Probably still screwed
The Gujarat high court has struck down the part of the Reserve Bank of India (RBI) circular governing wilful defaulter notices, which restricts all directors of wilful defaulter companies from banking services for other businesses for five years.

Amarchand scoops ex-RBI deputy governor Anand Sinha to penetrate financial services sector

Anand Sinha
Anand Sinha
Former Reserve Bank of India (RBI) deputy governor Anand Sinha joined Amarchand Mangaldas yesterday as senior advisor (financial services) in Mumbai.

Why and how the RBI relaxed pricing norms for foreign investors in its first policy statement: Jay Parikh

Jay Parikh
Jay Parikh
Verus Advocates partner Jay Parikh explains why the Reserve Bank of India recently announced it won’t dictate valuation of shares for foreign investors anymore.

RBI to level playing field for foreign banks converting to wholly-owned subsidiaries

The Reserve Bank of India proposed in a statement yesterday that it would allow foreign banks’ wholly owned subsidiaries to open branches anywhere in India as local banks have been allowed to do. Most foreign banks in India operate as branches as not wholly-owned subsidiaries at the moment, reported...

Wired: New RBI ECB rules; Jindal student RIP; New Mines Act; Mass TN gov’t rape convictions after 19 years; ATL on legal racism in India; Singur, more…

RBI issues circulars to liberalise external commercial borrowings (ECBs) [ Corporate Law Blog ] Rs 10,000 crore for 60 tribal-dominated districts affected by mining in new Mines and Minerals Act [ TOI ] Jindal Global Law School first year student dies in car crash [ Indian Express ] Court convicts 2...