Selling Property Registered as a Gift Deed: Legal Precedence and Considerations for Multiple Will Planning   Key Guidelines for Document Transfers and Testamentary Instruments   Selling Property Registered as a Gift Deed: Legal Precedence A reader asked whether it is possible to sell a property that has been registered as a gift deed. Specifically, if a Hindu donor sells the property to a third party after transferring it to a donee, which document will take […]

Following a recent change in the Reserve Bank of India (RBI)’s regulations, venture capital and private equity funds have halted new and follow-up investments, resulting in a backlog of deals, said fund managers and founders. The industry has approached the banking regulator, seeking clarification, they added.   Recent RBI Rule Change Hinders Investments, Creating Backlog of Deals for AIFs   Industry Seeks Clarification on Regulatory Change   Introduction: According to industry experts, a recent regulatory […]

RBI Revises Investment Categorization Guidelines to Align with Global Standards   Changes to Holding Period and Investment Categories for Banks   RBI Removes 90-Day Ceiling on HFT Category The Reserve Bank of India (RBI) has revised its guidelines for banks to establish consistency with global standards in categorizing investments. Building on a discussion paper released in January 2022, RBI announced on Tuesday the elimination of the 90-day holding period limit for securities classified under the […]

Small Borrowers Show Reluctance to Maximize Credit Limits as Interest Rates Rise Utilization of Sanctioned Loans Declines Among Small Borrowers Small borrower, particularly those with loans of up to ₹2 lakh, have shown a cautious approach towards using their approved credit limits since December, following a rise in interest rates. Recent data released by the Reserve Bank of India (RBI) reveals a decline in credit use, with figures dropping from 67.3% in December to 66.9% […]

RBI Issues Guidelines for Responsible Lending, Sets 30-Day Limit to Release Property Documents After Loan Closure The Reserve Bank of India (RBI) took a significant step on Wednesday by introducing guidelines for banks, non-banking financial companies (NBFCs), and other regulated entities to tackle borrower-related issues and encourage responsible lending practices. According to the RBI, regulated entities (RE) must release all original movable or immovable property documents and clear charges registered with any registry within 30 […]