The Reserve Bank of India vide notification RBI/2020-21/28 DoR (PCB).BPD.Cir.No.2/12.05.001/2020-21 dated August 26, 2020 has extended submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS).

The Reserve Bank of India vide notification RBI/2020-2021/26 FIDD.MSME & NFS.BC.No.4/06.02.31/2020-21 dated August 21, 2020 has issued clarification on new Definition of Micro, Small and Medium Enterprises.

The Ministry of Corporate Affairs vide notification dated August 24, 2020 has amended the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020.

The Securities Exchange Board of India vide circular no. SEBI/HO/MRD2/DDAP/CIR/P/2020/153 dated August 18, 2020 has provided Corrigendum to Master Circular for Depositories dated October 25, 2019 on preservation of records.

The Reserve Bank of India vide press release dated August 18, 2020 has released framework for authorisation of pan-India Umbrella Entity for Retail Payments.

The Ministry of Corporate Affairs vide general circular 28/2020 dated August 18, 2020 has provided Clarification on Extension of Annual General Meeting (AGM) for the financial year ended as at 31.03.2020- Companies Act, 2013.

The Ministry of Finance vide Income Tax notification no. 61/2020, dated 13-08- 2020 have provided Securities Contracts (Regulation) (Second Amendment) Rules, 2020.

The Insolvency and Bankruptcy Board of India vide press release no. IBBI/PR/2020/10 dated August 07, 2020 has amended the Insolvency and Bankruptcy Board of India amends the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016.

The Reserve Bank of India vide notification no. RBI/2020-21/24 DoR (NBFC) (PD) CC. No.117/03.10.001/2020-21 dated August 13, 2020 has revised the guidelines for Core Investment Companies.

The Reserve Bank of India vide notification no. RBI/2020-21/21 DPSS.CO.PD No.116/02.12.004/2020 dated August 06, 2020 has provided Online Dispute Resolution (ODR) System for Digital Payments.