Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has issued directions pertaining to the disbursement of government pensions by Agency Banks, setting guidelines for the implementation processes involved.
The NCLT admitted insolvency proceedings, concluding that ongoing settlement talks do not negate the need for Corporate Insolvency Resolution Process (CIRP) if an operational debt and default are established.
The Reserve Bank of India has amended the Responsible Business Conduct guidelines for Regional Rural Banks to enhance accountability and ethical standards.
The Reserve Bank of India has established new guidelines for the disbursement of government pensions by Agency Banks, emphasizing compliance and better management. These guidelines are aimed at improving the pension distribution process.
The Reserve Bank of India has released directions on the conduct of Government Business by Agency Banks, outlining the payment of agency commissions and oversight processes. These directions aim to streamline banking operations related to government financial transactions.
The Monetary Policy Committee (MPC) met from June 3 to June 5, 2026, and decided unanimously to keep the policy rates unchanged.
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.