Punishment for forex trading in india

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MUMBAI (Reuters) - The RBI cracked down on offshore foreign exchange trading by Indians through online trading websites, asking banks to report any such remittances to the regulator. In a circular ... According to SEBI, “an FII is an institution established or incorporated outside India which proposes to make investments in India in securities”. FII is an institution who is registered under the Securities and Exchange Board of India (Foreign Institutional Investors) Regulations, 1995. FIIs comprised of a pension fund, a mutual fund, investment trust, insurance company or a reinsurance ... Tuesday, 15 August 2017. Tipos Forex Deals It’s duty of banks to follow RBI circulars/guidelines and allo. READ MORE forex trading: India’s big plan to bring rupee trading . 2016/08/19 · However, Forex trading is different from exchanging money at the Foreign Exchange outlets. There is much more to Forex trading than just exchanging one currency for another. The two currencies that have the highest trading volume on the Forex ... NFL is a government company where the directors are appointed either by the Government of India or on the recommendation of the Government. The remuneration, etc. of Directors are decided as per DPE Guidelines. The tenure of the directors is also decided by the Government. In compliance of Section 178(1) of the Companies Act, 2013, Company has constituted a Nomination and Remuneration ... The Reserve Bank of India (RBI), in a rare move, imposed a penalty of 589 million rupees ($9.04 million) on ICICI Bank Ltd, the country's third-biggest lender, for failure to adhere to held-to-maturity (HTM) guidelines. The penalty is for non-compliance with directions issued by the Reserve Bank of India on direct sale of securities from its HTM portfolio and specified disclosure in this ... MUMBAI (Reuters) - The Reserve Bank of India (RBI) on Tuesday allowed importers to book forward forex contracts up to 50 percent of the eligible limit in an effort to facilitate greater hedging ...

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Warren Buffett - The World's Greatest Money Maker - YouTube

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