Finance Newsletter – June 2022 Edition
This edition of the Finance Newsletter covers recent notifications issued by the Reserve Bank of India and recommendations and amendments under the Insolvency and Bankruptcy Code, 2016 and regulations made thereunder. Some of the significant developments include:
- Introduction of the Reserve Bank of India (Variation Margin) Directions, 2022;
- Provisioning for standard assets held by non-banking financial companies classified as NBFC- Upper Layer;
- Recommendations under the 5th Report of the Insolvency Law Committee;
- Amendments to the Insolvency Resolution Process for Corporate Persons Regulations.
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