Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has updated the Responsible Business Conduct Directions for Regional Rural Banks, promoting ethical practices and compliance within their operations.
The Reserve Bank of India has issued new amendments focusing on Credit Risk Management for Non-Banking Financial Companies, aiming to strengthen their risk management policies and procedures.
The RBI has introduced amendments to enhance credit risk management frameworks for Rural Cooperative Banks, focusing on best practices in asset resolution.
The RBI has amended the Responsible Business Conduct Directions for All India Financial Institutions to enhance ethical business practices and governance standards within the sector.
The Reserve Bank of India has issued directions to Agency Banks for the disbursement of government pensions. This includes stipulations on compliance and operational procedures to be followed by the banks in ensuring timely and accurate pension payments.
The Reserve Bank of India has issued fresh directions regarding the conduct of government business by Agency Banks, focusing on payment of agency commissions and the oversight of these banks. These updates emphasize the regulatory framework guiding financial institutions involved in government transactions.
The Reserve Bank of India has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 04, 2026.
The Reserve Bank of India has updated the status on the withdrawal of ₹2000 denomination banknotes. The facility for deposit and exchange is available until October 7, 2023, as per the latest press release.
The RBI has issued new directions to enhance the capital adequacy norms for commercial banks to bolster financial stability and resilience.
The RBI has introduced amendments to enhance the financial reporting standards for commercial banks through updated presentation and disclosure requirements.
The RBI has issued the Third Amendment Directions for Local Area Banks, updating requirements for financial statements and disclosures to enhance transparency.
The Reserve Bank has communicated the implementation of Section 51A of the UAPA, updating the UNSC’s sanctions list, impacting a range of financial institutions.