Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
RBI has prohibited authorised dealers from allowing clients to rebook cancelled foreign exchange derivative contracts involving INR. The measure, effective immediately, aims to curb speculative activity and ensure orderly forex market conditions.
The Reserve Bank of India has established a special facility to meet the full daily foreign exchange requirements of three public sector oil marketing companies starting October 12, 2026. The move aims to ensure smooth forex access for critical energy imports.
RBI has modified the foreign exchange risk reserve requirements to ensure orderly market conditions amid evolving external sector dynamics.
RBI has updated guidelines on cancellation and rebooking of foreign exchange derivative contracts to prevent misuse while allowing legitimate corporate hedging needs.
RBI has revised the methodology for minimum capital requirements for counterparty credit risk in commercial banks to align with international standards.
RBI has revised the daily minimum Cash Reserve Ratio (CRR) maintenance requirement, allowing scheduled banks to maintain not less than 90% of the mandated CRR on each day, provided the fortnightly average meets the stipulated level.
RBI to sell ₹25,000 crore of central government securities via multi-security auction on October 13, 2026. Aims to manage liquidity and signal monetary tightening.
RBI issues new circulars restricting rebooking of cancelled INR derivative contracts and tightening forex market regulations. The move aims to prevent speculative trading and ensure orderly market conditions.
Reserve Bank of India has launched a special facility to meet the full daily dollar requirements of three public sector oil marketing companies: IOCL, HPCL, and BPCL. The window will be operational from October 12, 2026, via designated banks.
RBI deletes Paragraph 38 on option premium deferment from its regulatory framework, effective 1 April 2027, removing deferral privileges for commercial banks.
RBI now requires all goods and services exporters to file an Electronic Data Format (EDF) declaration with designated banks from October 1, 2026. The move aims to streamline forex monitoring and export data capture.
The RBI increased the Bank Rate to 5.75%, effective immediately, impacting penal interest rates for CRR and SLR shortfalls by banks.