In this edition, we have tried to bring you to notice the latest amendment that followed in the month of October 2022 issued by MCA, RBI, SEBI, DIPP, and others.
Amendments issued by RBI
RBI launches advanced supervisory monitoring system DAKSH
Reserve Bank governor Shaktikanta Das has launched a new ‘SupTech’ initiative DAKSH – the bank’s Advanced Supervisory Monitoring System, which is expected to make the supervisory processes more robust. In a statement, the Reserve Bank of India (RBI) said it has been taking various initiatives in strengthening supervision, which among other initiatives include the adoption of the latest data and analytical tools as well as leveraging technology for implementing more efficient and automated work processes.
Miscellaneous Amendments
Extension of Foreign Trade Policy by Ministry Of Commerce and Industry
The validity of the existing Foreign Trade Policy 2015-2020, which was earlier valid up to 30th September 2022 has been extended till 31st March 2023. To read more- https://commerce.gov.in/press-releases/