Sovereign Gold Bond Scheme 2023-24 offers 8 year government gold linked bonds with 2.5% interest and tradability.
Sovereign Gold Bond Scheme 2023-24 issues Government of India Stock denominated in grams of 999 purity gold, available to resident individuals, HUFs, trusts, charitable institutions and universities. Bonds (min one gram) have fiscal-year subscription ceilings (4 kg individuals/HUF; 20 kg trusts), nominal value fixed by a three day IBJA average, Rs.50 per gram discount for digital applicants, 2.50% p.a. interest payable semi annually, eight year tenor with premature redemption after year five on coupon dates, transferability, Demat conversion, tradability, loan collateralisation subject to LTV and lender discretion, and specified tax treatment.

Guarantee scheme for corporate debt enables guaranteed borrowing by a market stability fund during market dislocation.
The Central Government approved the Guarantee Scheme for Corporate Debt (GSCD) under which GFCD, managed by NCGTC, provides full guarantee cover for borrowings of the Corporate Debt Market Development Fund (CDMDF) in times of market dislocation. CDMDF, a SEBI regulated AIF funded by specified debt mutual funds and AMCs, may leverage its corpus to purchase investment grade corporate debt subject to prudential issuer limits, a loss absorption waterfall that prioritizes first loss by selling MF schemes and contributors, and operational controls including SEBI triggers, trustee governance, reporting, and a guarantee fee payable by Member Lending Institutions.

IFSC banking unit licensing framework distinguishes branch and subsidiary structures, strengthening capital, liquidity, reserve, currency, and compliance obligations.
Banking Unit licensing in an International Financial Services Centre is structured around an IFSC Banking Unit operating as a branch and an IFSC Banking Company operating as a subsidiary of its Parent Bank. Indian and foreign banks require licence or permission to establish a Banking Unit. Licensing requirements distinguish between branch and subsidiary structures through prescribed Parent Bank capital, home-regulator no-objection requirements and, for an IFSC Banking Unit, a liquidity-support undertaking. Prudential obligations cover liquidity coverage, net stable funding, leverage and reserve requirements, with distinct treatment for IFSC Banking Units and IFSC Banking Companies.

Aadhaar authentication allowed for voluntary use in agricultural loan applications via the bank's portal, subject to statutory compliance.
The Central Government authorises the National Bank for Agriculture and Rural Development to perform Aadhaar authentication on a voluntary basis for residents applying for agricultural loans via the Bank's portal, using Yes/No and e-KYC modes, subject to compliance with the Aadhaar Act, its rules and regulations, and directions of the Unique Identification Authority of India, effective from publication in the Official Gazette.

Sovereign Gold Bond Scheme issues gold denominated bonds with 2.5% interest, eight year maturity and specified subscription limits.
The Sovereign Gold Bond Scheme 2023-24 issues Government of India Stock in gram denominations to resident individuals, HUFs, trusts, charitable institutions and universities, with mandatory PAN and designated receiving offices. Bonds bear interest at 2.50% per annum paid half yearly, mature at eight years with early redemption permitted after five years, are tradable and transferable, may be used as collateral subject to applicable LTV, and have subscription ceilings (4 kg for individuals/HUFs, 20 kg for trusts). Nomination, transfer and taxation rules follow existing government securities regulations.

Corrigendum to Finance Act corrects typographical errors in statutory text, clarifying wording across multiple provisions.
Corrigendum to the Finance Act, 2023 issues targeted textual corrections to replace typographical errors, punctuation and spacing mistakes, and an incorrect subsection numbering, thereby ensuring the Gazette publication accurately reflects the intended legislative wording without altering substantive legal provisions.

Women-focused savings certificate provides single-holder term deposits with defined withdrawal and premature closure rules.
The Mahila Samman Savings Certificate, 2023 establishes a single holder savings account for women and minor girls (via guardians) with prescribed application and KYC requirements, limits on deposits and account openings, quarterly compounded interest at the Scheme rate, defined maturity and rounding rules, a one time partial withdrawal after one year, restricted premature closure for death or compassionate grounds with specified interest consequences, agency charges for operations, application of General Rules where silent and a power for the Central Government to relax provisions in cases of undue hardship.

Appointed actuary governance requires qualified independent professionals to oversee insurance solvency, reserves, pricing, reporting, and regulatory compliance.
Appointed actuary governance for IIOs requires the Board to appoint a qualified, independent Fellow actuary with a valid practising certificate, relevant post-fellowship insurance experience, and no misconduct, conflicting role, or concurrent appointment. The appointed actuary has access to relevant records, advises on products, pricing, investments and reinsurance, monitors solvency and reserves, certifies valuations and returns, and reports legal or regulatory non-compliance directly to the Authority. IIOs must provide resources, preserve direct reporting, and notify the Authority of appointments or changes.

Insurance premium payment rules permit specified payment methods and conditional risk assumption while requiring contractual terms and credit-risk controls.
IIOs may receive insurance premium through recognised banking and electronic instruments, bank guarantees, cash deposits, or other specified methods. Risk may be assumed, continued or terminated where premium is received, guaranteed, supported by an advance deposit, or governed by contractual or specified terms. Insurance contracts must state premium schedules, grace periods, consequences of non-payment, revival conditions, risk commencement and termination, and any premium payment warranty clause. Premium refunds must be paid directly to insured persons, while IIOs must maintain Board-approved credit-risk mitigation policies.

Insurance record maintenance requires secure Indian data storage, annual policy review, employee records, and production for regulatory investigation.
IIOs and IIIOs must maintain and produce records, information, documents, books, and registers for investigation and inspection. IIOs require Board-approved policies addressing electronic record maintenance, data security, cybersecurity, backups, business continuity, archival, and oversight, with policy, claims, and reinsurance records held in Indian data centres. Records must be reconciled with audited financials where relevant, retained for at least seven years or longer where legally required, and made accessible to authorised personnel. Officers and outsourced service providers must produce material in their custody when required.

Insurance product governance requires internal approval, actuarial pricing, target-market testing, unique identifiers, and policyholder safeguards.
IIOs conducting direct insurance business must operate under a board-approved Product Oversight and Governance Policy covering product design, approval, review, distribution and corrective action. Products must suit the needs, characteristics and objectives of target prospects, with rates, terms and conditions justified and certified by a qualified actuary. IIOs must test products, manage intermediary-related conflicts, retain approval records and submit product information when required. Non-conforming or policyholder-adverse products may be suspended, modified or withdrawn, and their marketing must then cease.

Prior notice requirement: submit notice via common portal before excavation; licensee must disclose infrastructure and precautions, or excavation may proceed.
Any person exercising a legal right to dig or excavate likely to affect telegraph infrastructure must submit a notice via the designated common portal containing identity, contact, timing, location and purpose. The licensee must promptly disclose relevant telegraph infrastructure details and precautionary measures through the portal; the excavator must follow those measures. If no licensee provides required details within the prescribed time, the excavator may proceed. Damages caused to duly placed telegraph infrastructure attract liability in the form of damage charges computed on restoration expenses.