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Court News

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

Monetary Penalty on Pahal Financial Services Private Limited
Reserve Bank of Indiabankingcorporate

Monetary Penalty on Pahal Financial Services Private Limited

The RBI imposed a penalty of ₹3.10 lakh on Pahal Financial Services for KYC compliance failures.

Jun 20, 2026Read more →
Monetary Penalty Imposed on Can Fin Homes Limited
Reserve Bank of Indiabankingcorporate

Monetary Penalty Imposed on Can Fin Homes Limited

The RBI has levied a penalty of ₹2.70 lakh on Can Fin Homes Limited for non-compliance with Fair Practices Code.

Jun 20, 2026Read more →
Monetary Penalty Imposed on Five Star Business Finance Limited
Reserve Bank of Indiabankingcorporate

Monetary Penalty Imposed on Five Star Business Finance Limited

The RBI has imposed a penalty of ₹6.20 lakh on Five Star Business Finance Limited for non-compliance with KYC regulations.

Jun 20, 2026Read more →
Revised Circular on Lead Bank Scheme Issued by RBI
Reserve Bank of Indiabankingcorporate

Revised Circular on Lead Bank Scheme Issued by RBI

The RBI has finalized and issued a revised circular on the Lead Bank Scheme, incorporating stakeholder feedback received on the draft.

Jun 20, 2026Read more →
RBI Conducts Overnight Variable Rate Repo Auction on June 22, 2026
Reserve Bank of Indiabankingcorporate

RBI Conducts Overnight Variable Rate Repo Auction on June 22, 2026

The RBI will conduct a Variable Rate Repo (VRR) auction on June 22, 2026, with a notified amount of ₹1,25,000 crore for one day.

Jun 20, 2026Read more →
Survey on Foreign Liabilities & Assets of Mutual Fund AMCs in India: FAQs
N/Abankingcorporate

Survey on Foreign Liabilities & Assets of Mutual Fund AMCs in India: FAQs

The RBI requires mutual fund asset management companies to report foreign liabilities and assets annually to enhance Balance of Payments statistics.

Jun 9, 2026Read more →
Annual Survey on Computer Software & ITES Exports: RBI FAQs
N/Abankingcorporate

Annual Survey on Computer Software & ITES Exports: RBI FAQs

The RBI has reiterated the necessity for software and ITES exporters to submit annual surveys based on the previous financial year, outlining key reporting requirements.

Jun 9, 2026Read more →
FAQs on Portfolio Investment Positions by Counterpart Economy – India
N/Abankingcorporate

FAQs on Portfolio Investment Positions by Counterpart Economy – India

The RBI has clarified reporting requirements and procedures for Portfolio Investment Positions, aiming to enhance data quality in cross-border investments.

Jun 9, 2026Read more →
RBI Amends Cross Border Merger Regulations Under FEMA
N/Acorporatebanking

RBI Amends Cross Border Merger Regulations Under FEMA

The RBI has updated the Cross Border Merger Regulations under FEMA, expanding the term 'Competent Authority' to include any authority under the Companies Act, thereby facilitating merger approvals.

Jun 9, 2026Read more →
RBI Proposes Flexibility in Pricing Bulk Deposits
N/Abankingcorporate

RBI Proposes Flexibility in Pricing Bulk Deposits

The RBI has proposed amendments to allow banks greater flexibility in pricing Rupee bulk deposits, inviting public comments by June 20, 2026. Transparency in interest rate disclosures will be maintained.

Jun 9, 2026Read more →
NOP-INR Position Circular for Authorised Dealer Banks Issued by RBI
Reserve Bank of Indiabanking

NOP-INR Position Circular for Authorised Dealer Banks Issued by RBI

The Reserve Bank has issued a circular regarding the NOP-INR position for Authorised Dealer Category-I banks, referring to the introduction of a US Dollar-Rupee swap facility.

Jun 9, 2026Read more →
RBI Announces Withdrawal of ₹2000 Denomination Banknotes
Reserve Bank of Indiabankingcorporate

RBI Announces Withdrawal of ₹2000 Denomination Banknotes

The Reserve Bank of India (RBI) has confirmed the withdrawal of ₹2000 banknotes, with deposit and exchange facilities available until October 7, 2023. This move follows the RBI's earlier press release on the status of the withdrawal.

Jun 8, 2026Read more →
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