The Insolvency and Bankruptcy Board of India vide circular no IBBI/LAD/35/2020 dated October 29, 2020 has issued procedure for serving of copy of the application to the Board, as mandated under Rules 4, 6 and 7 of the Insolvency and Bankruptcy (Application to Adjudicating Authority) Rules, 2016.

The Reserve Bank of India vide notification FEMA. 399/RB-2020 dated October 23, 2020 has issued Foreign Exchange Management (Margin for Derivative Contracts) Regulations, 2020.

The Reserve Bank of India vide notification RBI/2020-21/61 DOR.No.BP.BC.26/21.04.048/2020-21 dated October 26, 2020 has provided Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified loan accounts (1.3.2020 to 31.8.2020)

The Ministry of Corporate Affairs vide Circular No. 36/2020 dated October 20,2020 have provided for special measures under the Companies Act,2013 and Limited Liability Partnership act,2008 in view of COVID-19 outbreak- Extension-reg.

The Securities Exchange Board of India vide circular SEBI/HO/MIRSID/CRADT/CIR/P/2020/207 dated October 22, 2020 has issued guidelines with regards to Contribution by issuers of listed or proposed to be listed debt securities towards creation of “Recovery Expense Fund”.

The Reserve Bank of India vide notification/ RBI/2020-21/60 DOR.NBFC (HFC).CC.No.118/03.10.136/2020-21 dated October 22, 2020 have decided to issue the revised regulatory framework for Housing Finance Company’s (HFC’s) .

The Ministry of Home Affairs vide circular F. NO. II/21022/23 (35)/2019-FCRA-III, DATED 13-10-2020 has issued procedure for opening and operating designated FCRA account as provided under amended section 17(1) of the foreign contribution (regulation) act, 2010.

The Securities Exchange Board of India vide circular SEBI/HO/MIRSD/CRADT/CIR/P/2020/203 dated October 13, 2020 has issued Standardization of procedure to be followed by Debenture Trustee(s)in case of ‘Default’ by Issuers of listed debt securities.

The Reserve Bank of India vide notification RBI/2020-21/53 DOR.No.BP.BC.23/21.06.201/2020-21 dated October 12, 2020 has issued revised limit for Risk Weight Regulatory Retail Portfolio.

The Reserve Bank of India vide notification RBI/2020-2021/55DoR(PCB). BPD.Cir No.4/12.05.001/2020-21 dated October 13, 2020 has extended the timeline for Submission of returns under Section 31 (read with section 56) of the Banking Regulation Act, 1949