RBI revamps Directions for issuance of Commercial Paper

By Richa Saraf, legal@vinodkothari.com

The Reserve Bank of India (RBI) vide Notification No. MRD.DIRD.01/CGM (TRS) – 2017 dated August 10, 2017 has issued Reserve Bank Commercial Paper Directions, 2017 (“New Directions”). The new guidelines are in supersession of the existing directions on Commercial Paper in the Master Directions on Money Market (Section II) RBI/FMRD/2016-17/32 dated July 7, 2016 (“Old Directions”). The following table captures the difference between the old and new directions:- Read more

Securities Law (Amendment) Bill, 2014 passed by Lok Sabha – Detailed comparison of Key changes made in SEBI Act, 1992

Securities Law (Amendment) Bill, 2014 passed by Lok Sabha – Detailed comparison of key changes made in SCRA, 1956 & Depositories Act, 1996