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Court News

Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.

RBI Cancels Registration of 150 Non-Banking Financial CompaniesFeatured
Reserve Bank of Indiacorporatebanking

RBI Cancels Registration of 150 Non-Banking Financial Companies

The Reserve Bank of India has canceled the Certificate of Registration for 150 non-banking financial companies, emphasizing regulatory compliance and the importance of maintaining operational standards.

May 15, 2026Read more →
RBI Issues Master Direction on Credit Derivatives, 2026
Reserve Bank of Indiabanking

RBI Issues Master Direction on Credit Derivatives, 2026

The Reserve Bank of India has released the Master Direction on Credit Derivatives, aimed at structuring and enhancing the credit risk management framework in the Indian banking sector. This initiative is part of ongoing reforms to bolster financial stability.

Jun 26, 2026Read more →
RBI Draft Guidance on Model Risk Management Released
Reserve Bank of Indiabanking

RBI Draft Guidance on Model Risk Management Released

The Reserve Bank of India has released draft guidance on regulatory principles for model risk management, applicable to various financial institutions.

Jun 25, 2026Read more →
RBI Issues Amendment Directions on Customer Liability in Digital Transactions
Reserve Bank of Indiabankingconsumer

RBI Issues Amendment Directions on Customer Liability in Digital Transactions

The Reserve Bank of India has issued Amendment Directions corresponding to its February 2026 statement, enhancing customer protections against unauthorized electronic banking transactions.

Jun 25, 2026Read more →
DRT Quashes Indian Bank Auction for Procedural Violations: Orders Refund with 12% Interest and ₹30 Lakh Compensation
Debt Recovery Tribunalbankingcivil

DRT Quashes Indian Bank Auction for Procedural Violations: Orders Refund with 12% Interest and ₹30 Lakh Compensation

A recent decision from the Debt Recovery Tribunal mandates Indian Bank to refund auction amounts with interest and compensation due to procedural violations.

Jun 25, 2026Read more →
Modification of Returns/Reporting Under FEMA Announced
Reserve Bank of Indiacorporatebanking

Modification of Returns/Reporting Under FEMA Announced

The Reserve Bank of India has modified the returns and reporting requirements under FEMA, necessitating updated compliance measures from authorized persons. This adjustment reflects an evolving regulatory landscape in foreign exchange operations.

Jun 25, 2026Read more →
RBI Reviews Circulars Under FEMA for Regulatory Framework
Reserve Bank of Indiacorporatebanking

RBI Reviews Circulars Under FEMA for Regulatory Framework

The Reserve Bank of India has conducted a review of circulars issued under the Foreign Exchange Management Act, 1999, aimed at rationalizing the regulatory framework. This update is significant for authorized persons dealing with foreign exchange regulations in India.

Jun 25, 2026Read more →
RBI Releases Kisan Credit Card Scheme Directions for Commercial Banks
Reserve Bank of Indiabanking

RBI Releases Kisan Credit Card Scheme Directions for Commercial Banks

The RBI has issued comprehensive directions regarding the Kisan Credit Card (KCC) Scheme to Commercial Banks, emphasizing credit limits and disclosure norms.

Jun 24, 2026Read more →
RBI Issues Kisan Credit Card Scheme Directions for Small Finance Banks
Reserve Bank of Indiabanking

RBI Issues Kisan Credit Card Scheme Directions for Small Finance Banks

The RBI has published new directions for Small Finance Banks related to the Kisan Credit Card (KCC) Scheme, highlighting key operational guidelines and compliance norms.

Jun 24, 2026Read more →
RBI Issues Kisan Credit Card Scheme Directions for Regional Rural Banks
Reserve Bank of Indiabanking

RBI Issues Kisan Credit Card Scheme Directions for Regional Rural Banks

The RBI has introduced directions for Regional Rural Banks concerning the Kisan Credit Card (KCC) Scheme, detailing credit provisions and compliance requirements.

Jun 24, 2026Read more →
RBI Releases Kisan Credit Card Scheme Directions for Rural Co-operative Banks
Reserve Bank of Indiabanking

RBI Releases Kisan Credit Card Scheme Directions for Rural Co-operative Banks

The RBI has published directions for Rural Co-operative Banks regarding the Kisan Credit Card (KCC) Scheme, outlining credit purposes, tenure, and disclosure requirements.

Jun 24, 2026Read more →
RBI Revises Lead Bank Scheme Guidelines to Strengthen Credit Planning & Financial Inclusion
bankingfinancial_inclusion

RBI Revises Lead Bank Scheme Guidelines to Strengthen Credit Planning & Financial Inclusion

The RBI has revised the Lead Bank Scheme guidelines to bolster credit planning and enhance financial inclusion initiatives across India.

Jun 23, 2026Read more →
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