Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has operationalized a concessional swap facility for FCNR(B) deposits and External Commercial Borrowings, effective until September and December 2026, respectively. Reported inflows till July 31, 2026, have been collected from Authorised Dealer Banks.
The NCLT upheld a resolution professional's decision to reject an income tax claim filed significantly late, emphasizing the finality of an approved resolution plan under the Insolvency and Bankruptcy Code.
The Reserve Bank of India has issued Amendment Directions on Basel Pillar 3 disclosures, seeking stakeholder feedback to enhance capital adequacy standards for banks.
The Reserve Bank of India has conducted an underwriting auction for the re-issue of Government Security, amounting to ₹34,000 crore. The cut-off rates for underwriting commission payable to Primary Dealers have been finalized.
The RBI has issued directives prohibiting banks from bundling insurance products with home loans, marking a significant step towards fair banking practices. This decision aims to enhance customer protection and transparency in financial services.
The RBI has published Second Amendment Directions regarding the Resolution of Stressed Assets for Local Area Banks, aimed at improving asset management and financial stability measures.
The Reserve Bank of India has issued Second Amendment Directions focused on income recognition and asset classification for Local Area Banks. This is intended to enhance financial stability and compliance.
The Reserve Bank of India has provided Second Amendment Directions related to income recognition and asset classification for Commercial Banks. These changes are significant for compliance and regulatory practices.
The Reserve Bank of India has issued Second Amendment Directions focused on income recognition and asset classification for Small Finance Banks. This amendment seeks to improve regulatory compliance.
The Reserve Bank of India has issued Third Amendment Directions pertaining to income recognition and asset classification for Non-Banking Financial Companies. This aims to enhance resolvability of stressed assets.
The Reserve Bank of India has released Second Amendment Directions concerning income recognition and asset classification for All India Financial Institutions. This amendment is crucial for improving financial governance in the sector.
The Reserve Bank of India has issued Second Amendment Directions related to income recognition and asset classification for Urban Cooperative Banks. This aims to address financial stability and regulatory compliance.