Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
RBI relaxes mandatory legal opinion requirement for clearing member financial institutions across AIFIs, payments banks, and small finance banks through a series of amendment directions in 2026.
Scheduled banks may now maintain 90% of required CRR daily, with fortnightly average compliance. The change enhances liquidity management flexibility while preserving overall reserve discipline.
RBI permits cancellation and rebooking of foreign exchange derivative contracts by Authorised Dealers under revised guidelines. The move addresses client hedging needs amid volatile forex markets.
The Reserve Bank of India has updated norms for Authorised Dealers on foreign exchange risk reserve to ensure orderly market functioning. The changes include revised risk weightings and enhanced reporting requirements under the Master Direction on Risk Management and Inter-Bank Dealings.
RBI will conduct an open market sale of ₹25,000 crore government securities on October 13, 2026, via multi-security, multiple-price auction. The move aims to moderate liquidity and influence yield curve dynamics.
RBI will conduct a ₹2 lakh crore 3-day Variable Rate Reverse Repo (VRRR) auction on October 12, 2026, to absorb excess liquidity. The auction will reverse on October 15, 2026.
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.