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Corporate Laws Central Ministry of Finance Payment and Settlement Systems Act, 2007

NPCI issues circular on Introduction of New Sub-Product "RDS" under ACH Debit for Retail Direct Scheme

06-Nov-2025 | NPCI/2025-26/NACH/006

NPCI has issued a circular on Introduction of New Sub-Product "RDS" under ACH Debit for Retail Direct Scheme effective from 15th November 2025 The RBI Retail Direct Scheme lets individual investors directly buy and sell government securities (like treasury bills, dated securities, and Sovereign Gold Bonds) through a Retail Direct Gilt (RDG) account without intermediaries. CCIL uses the NACH system to handle debit transactions for investments made by retail investors under this scheme. A new sub-product called "RDS" (Retail Direct Scheme) has been added under the ACH Debit product to handle these specific transactions separately. Destination banks must respond to ACH debit transactions on the same day. If no response is received, the transaction will be treated as deemed accepted and settled automatically. Banks must update systems, configure file-handling for the new sub-product, train operations teams and monitor that all RDS transactions are processed within the same day (no day extensions allowed). For more information, please refer to the attached document.

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Corporate Laws

CDSL issues communique regarding Online submission of compliance certificate by RTA

29-Jun-2026 | CDSL/AUDIT/RTA/POLCY/2026/188

CDSL has issued communique regarding Online submission of compliance certificate by RTA Through this, RTAs, including issuers with in-house

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Corporate Laws

RBI issues Foreign Exchange Management (Deposit) (Sixth Amendment) Regulations, 2026

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Corporate Laws

DGFT issues Amendment to Notification No. 65/2025-26 for extension of timelines under Component II

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Corporate Laws

IFSCA issues press release regarding Access to e-KYC Setu Platform extended to REs in GIFT IFSC

19-May-2026 | Press Release

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Recent Posts

Industry specific-Medical

Circular on Prohibition of Conduct of Unauthorised Dental Courses/Programmes without Approval of the National Dental Commission

02-Jul-2026 | F. No. UGPGDEB/NDC/26/2026/

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Industry Specific-Maritime Laws

Sagar Mein Yog (SMY) Learning Management System User Manual for Indian Seafarers

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This manual issued by the Directorate General of Shipping, Ministry of Ports, Shipping and Waterways, provides comprehensive guidance on the

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Industry Specific-Education

Notification Extending the Last Date for Submission of Application Forms for the 24th Bar Council of India Qualifying Examination for Indian Nationals Holding Foreign Law Degrees

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Taxation

GSTN issues advisory regarding revision of timeline for amendment of Aggregate Annual Turnover (AATO) for FY 2025–26

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GSTN has issued advisory regarding revision of timeline for amendment of Aggregate Annual Turnover (AATO) for FY 2025–26 with effect

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