Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has directed The Suri Friends’ Union Co-operative Bank Ltd. to adhere to banking regulations with an extension of existing directives. The orders, which relate to banking governance, will now be effective until January 22, 2026.
The Reserve Bank of India (RBI) has canceled the registrations of 135 non-banking financial companies (NBFCs) under Section 45-IA. This action reflects ongoing regulatory scrutiny and adherence to the 'SBR framework' for ensuring cooperative and healthy practices within the sector.
The Calcutta High Court quashed a show cause notice issued by Bank of Baroda, ruling that reliance on an inconclusive forensic audit report without further inquiry was unjustified.
The Reserve Bank of India has issued directives to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank Ltd., mandating specific measures to address regulatory compliance.
The Reserve Bank of India has published details regarding money market operations as of July 19, 2026. This includes significant liquidity trends and their implications for the financial market.
The RBI has issued directives to Padmashri Dr. Vithalrao Vikhe Patil Co-operative Bank following concerns regarding compliance under the Banking Regulation Act, 1949.
The DRAT has affirmed that a bank can pursue recovery against mortgaged property despite a matrimonial dispute raised by the borrower, reinforcing creditor rights.
The Debt Recovery Appellate Tribunal upheld Kotak Mahindra’s right to proceed against a debtor's mortgaged property despite an ongoing insolvency claim, restoring civil arrest for willful default.
The Kerala High Court dismissed a plea challenging recovery proceedings of ₹26 crores, noting the borrower's failure to disclose MSME status and deposit a specified amount for a revival plan.
The RBI has introduced Second Amendment Directions for the Resolution of Stressed Assets in Regional Rural Banks, focusing on enhancing measures for managing distressed assets efficiently.
The RBI has introduced the Second Amendment Directions on the Resolution of Stressed Assets for Local Area Banks, aimed at enhancing processes for managing distressed loans. This update is pivotal for strengthening bank operations.
The RBI has introduced the Second Amendment Directions for Commercial Banks to improve efficiency in income recognition and asset classification. This regulatory update is aimed at enhancing compliance and mitigating financial risks.