Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has announced the third amendment to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for regional rural banks, affecting NRE term deposits.
The Reserve Bank of India has released a notification regarding the Lead Bank Scheme, addressing policies relevant to the banking sector's approach to rural lending.
The Reserve Bank of India has released third amendment directions for Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) applicable to Commercial Banks to strengthen liquidity management.
The Reserve Bank of India has announced new amendments to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for Small Finance Banks to enhance liquidity frameworks.
The Reserve Bank of India has released third amendment directions for Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) applicable to Urban Co-operative Banks to enhance liquidity management practices.
The Reserve Bank of India has issued amendments to the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) for Rural Co-operative Banks, aimed at improving liquidity management.
The Reserve Bank of India has published the third amendment directions for Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) applicable to Regional Rural Banks, aimed at improving liquidity and financial stability.
The RBI has finalized new guidelines for the Lead Bank Scheme after considering public feedback.
The RBI has issued final Directions for the Revised Kisan Credit Card Scheme after reviewing stakeholder feedback.
The Debt Recovery Appellate Tribunal (DRAT) has dismissed Karur Vysya Bank’s late appeal, reiterating that procedural diligence is essential and that administrative lapses do not constitute sufficient cause.
The Karnataka High Court has ruled that free banking services, such as maintenance of Minimum Average Balance (MAB), do not constitute a taxable service, therefore exempting such services from service tax.
The Reserve Bank of India has enacted third amendment directions related to the Cash Reserve Ratio and Statutory Liquidity Ratio for Commercial Banks, focusing on liquidity standards.