Corporate Updates 4 July 2014


RBI has released separate Master Circulars for each & every topic under the various provisions of FEMA and Banking Laws. These Master circulars are compilations of all the circulars issued by the Regulator and applicable on as on date on the stakeholders. With an intention to have all current instructions on the subject at one place, the Reserve Bank of India issues Master Circulars on various topics updated as on June 30, 2014.


MCA has initiated the process of weeding out of files and papers in accordance with the the riles of records keeping including digitization, wherever necessary. All sections / divisions have been instructed to identify files / documents which need to be preserved in the record room or to be transferred from the record room to National Achieves. They have also been advised to ensure that redundant records are weeded out through a special drive to be completed in a month’s time.

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