Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has dismissed media reports claiming it sold $12 billion worth of gold to stabilize forex reserves. The central bank confirmed its gold holdings remained unchanged at 880.52 tonnes, as indicated in its monthly bulletin.
The NCLT has admitted a ₹7.47 crore insolvency plea against Spectra India Eco Projects, recognizing loan agreements and guarantees as adequate proof of financial debt. This highlights the significance of comprehensive documentation in insolvency claims.
Amendments issued by the RBI regarding Responsible Business Conduct for Regional Rural Banks focus on ethical lending practices, reinforcing the commitment to consumer protection and trust in banking.
The RBI has published its 46th Half-Yearly Report detailing the management of India's foreign exchange reserves. This report emphasizes the commitment to transparency and the implications for economic stability.
The Reserve Bank of India has introduced amendments to the responsible business conduct directives for Regional Rural Banks, emphasizing ethical practices and compliance.
The Reserve Bank of India has made amendments to the credit risk management approach for Non-Banking Financial Companies (NBFCs), focusing on robust handling of stressed assets.
The Reserve Bank of India has issued amendments to the credit risk management framework for rural cooperative banks, emphasizing the need for effective resolution of stressed assets.
The Reserve Bank of India has amended the credit risk management directions specifically for Regional Rural Banks, focusing on the resolution of stressed assets and enhancing oversight.
The Reserve Bank of India has amended directives related to responsible business conduct for all financial institutions, reinforcing standards of ethical practice and accountability in financial operations.
The Reserve Bank of India has issued new directions regarding the disbursement of government pensions through Agency Banks, imposing specific implementation guidelines. This move targets efficient management of pension funds.
The RBI has launched its annual survey on Foreign Liabilities and Assets of Mutual Funds, aiming to gather crucial data on external financial conditions for the fiscal year 2025-26.
The RBI has published lending and deposit rates for scheduled commercial banks, reflecting market trends as of April 2026.