In this edition we have tried to bring you notice the latest amendment that followed in the month of January, 2023 issued by MCA, RBI and SEBI others. RBI Update Changes in Bank KYC Norms In the latest guideline, the RBI said that Bank account holders who have already submitted valid documents and haven’t changed their addresses are no longer obliged to visit their bank locations to update their “know your customer” (KYC) information, according to the RBI. They can
Month: March 2023
Corporate Finance – January 2023
GEF Capital Invests Rs. 500 Cr In E-Mobility Firms The e-mobility businesses Electra EV and Hero Motors Ltd. have received investments from the private equity fund GEF Capital Partners totaling more than 500 crore rupees. This is a component of the investor’s plan to increase their stake in India’s climate and sustainability potential. With this, GEF has invested eight times over the previous four years. Independent EV powertrain solutions provider Electra EV is supported by businessman Ratan Tata. Its products