Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI's Fourth Amendment Directions for regional rural banks provide exemptions to the CRR and SLR requirements for specific deposits, aiming to enhance liquidity and support banking operations.
The RBI has issued Fourth Amendment Directions for urban co-operative banks concerning CRR and SLR, providing exemptions to enhance liquidity. This decision is expected to positively impact the banking operations of these institutions.
The RBI has announced the Fourth Amendment Directions for rural co-operative banks concerning Cash Reserve Ratio and Statutory Liquidity Ratio, exempting certain new deposits. This change aims to enhance liquidity within these institutions.
The RBI has introduced the Third Amendment Directions for regional rural banks, temporarily lifting the interest rate ceiling on new deposits. This move is anticipated to improve liquidity and increase deposit rates.
The RBI has announced the Third Amendment Directions for urban co-operative banks, facilitating a temporary removal of the interest rate ceiling on new deposits. This update is expected to bolster deposit acquisition in the banking sector.
The Reserve Bank of India has issued the Second Amendment Directions for interest rates applicable to rural co-operative banks, temporarily withdrawing the interest rate ceiling on new deposits. This change aims to enhance liquidity and attract more deposits into the sector.
The Bombay High Court has distinguished between establishing disobedience of injunctions and deciding on the consequences for such disobedience, providing clarity on the application of Order XXXIX Rule 2A.
The RBI has amended directions for several bank categories, shortening the temporary deposit interest rate relaxation period for FCNR(B) and NRE deposits to August 31, 2026. This change affects multiple banking landscapes.
The CGPDTM has introduced new guidelines aimed at regulating the use of AI in the patent examination process. This article discusses the objectives of the guidelines and their implications.
The recent discussions on AI in patent examination raise critical questions of accountability. This article explores the implications of using AI and the guidelines established by the CGPDTM.
Indian transfer pricing law clarifies the distinction between compensable corporate guarantee services and shareholder support. This differentiation is based on economic benefit, risk, and pricing.
The Central Consumer Protection Authority has fined United Biscuits ₹1 lakh for misleading advertising claims regarding its Marie Biscuits. The product was found to contain less whole wheat than advertised.