Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Effective October 1, 2026, the Reserve Bank of India mandates submission of the Non-Resident Deposits – Comprehensive Single Return (NRD-CSR) via the CIMS Sankalan Portal. This shift from the legacy XBRL platform aims to streamline reporting and improve data accuracy.
The Reserve Bank of India has introduced a Standing Liquidity Facility (SLF) for Primary Dealers (PDs) to enhance liquidity management and support orderly financial market operations. The facility will allow PDs access to overnight liquidity, strengthening their role as market makers.
The RBI has directed implementation of interoperability among NBFC-Account Aggregators (NBFC-AAs), enabling customers to seamlessly access and share financial data across providers. The move enhances data portability and strengthens the Account Aggregator (AA) framework.
The Reserve Bank of India has extended restrictions on Samarth Urban Co-operative Bank Ltd., Osmanabad, Maharashtra, under Section 35A read with Section 56 of the Banking Regulation Act, 1949, until October 7, 2026. The extension maintains prior limitations on operations to protect depositor interests.
SEBI releases new Master Circular for Debenture Trustees, consolidating norms and replacing the 2025 circular effective September 28, 2026.
Delhi High Court rules banks cannot unilaterally reduce interest on fixed deposits maintained under court orders without just cause, in NatWest vs Hero Exports.
RBI issues amendment directions for Commercial Banks' shareholding, enhancing regulatory oversight on acquisitions and voting rights.
RBI amends shareholding rules for Local Area Banks, aligning them with updated regulatory norms for ownership transparency and regulatory approval thresholds.
The Reserve Bank removes value thresholds for electronic remittances requiring prior Form A2 submission, streamlining compliance for authorised dealers and customers.
The RBI has transitioned reporting of the Non-Resident Deposits Comprehensive Single Return (NRD-CSR) from XBRL to the CIMS Sankalan portal, streamlining data submission for authorised dealers.
The RBI extended regulatory restrictions under Section 35A of the Banking Regulation Act, 1949 for five co-operative banks until October 2026, citing public interest and ongoing monitoring.
RBI consolidates and updates credit facility guidelines for Scheduled Castes and Tribes. Banks must ensure adequate credit flow and report progress under priority sector lending norms.