Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
RBI has revised the Foreign Exchange Risk Reserve requirements to maintain orderly market conditions amid evolving external sector dynamics.
RBI has imposed new safeguards on cancellation and rebooking of forex derivatives to curb speculative activity, requiring ADs to ensure genuine underlying exposure.
RBI has modified the daily minimum cash reserve maintenance requirement, allowing banks to maintain 90% of CRR on daily basis subject to fortnightly averaging, to enhance liquidity management.
The SEBI appellate authority ruled that Action Taken Reports and file notings on third-party complaints are exempt from disclosure under the RTI Act to protect market integrity and fiduciary confidentiality.
RBI revises methodology for minimum capital requirements for counterparty credit risk in commercial banks, aligning with updated international best practices.
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 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.
SEBI mandates uniform risk disclosure via Credit Risk-o-Meter in offer documents, ads, and online platforms for all debt securities after a 45-day transition.