RBI guidelines on regulation of Payment Gateways and Payment Aggregators The Reserve Bank of India (RBI) periodically issues guidelines on the regulation of payment gateways and payment aggregators in an effort to protect consumer interests because these entities possess significant amounts of customer data. As a financial security safeguard, the new RBI guidelines prohibit PAs and PGs from retaining customer card credentials on their database or server. Through a number of circulars that have been […]

WHO IS A MERCHANT BANKER? “Mercantile banker” is defined as any person who is engaged in the business of issue management, whether by making arrangements regarding the selling, buying, or subscribing of securities or by acting as manager, consultant, adviser, or providing corporate advisory service in relation to such issue management, by Section 2(cb) of the Securities and Exchange Board of India (merchant bankers) Regulations 1992. MERCHANT BANKERS REGISTRATION A- Request for certificate issuance An […]

Auction Property in Surat- Open Land Residential Property Estabizz Fintech Private Limited 98256-00907 State City Location Borrower Name Property Type Property Address  Area In Sq Feet Reserve Price in (Lakh) GUJARAT SURAT SURAT Auction Property Open Land Residential plot-RP Registration District and Sub district Kamrej District Surat mouje Velanja Block No 84,Survey No 86/2 admeasuring 1070 sq.mtrs. and bounded as under. North : Limit Of Block no 122,South: Limit Of Block no 84,East : By […]

INDIA FOOD SAFETY AND STANDARDS AUTHORITY – New Notification Notification F.No. STD/SP-20/T New Delhi, May 17, 2022 (Recycledplastics-N). — The draught regulations to amend the Food Safety and Standards (Packaging) Regulations, 2018, which the Food Safety and Standards Authority of India proposes to make with prior approval of the Central Government, in exercise of the powers conferred by sub-section (2) of section 92 read with section 23 of the Food Safety and Standards Act, 2006 […]

Sebi issues guidelines to bolster the Collective Investment Scheme (CIS) regulatory system on 11 May 2022. New Delhi, India – Sebi, the markets regulator, has strengthened the net worth standards and track record requirements for organisations operating collective investment plans in order to reinforce the regulatory environment for such schemes. According to a statement issued on Tuesday, the regulator has required a minimum of 20 investors and a subscription value of at least Rs 20 […]