Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI's Third Amendment Directions focus on Income Recognition and Asset Classification for Non-Banking Financial Companies to promote prudent financial management.
The RBI has introduced Second Amendment Directions for All India Financial Institutions focusing on Income Recognition and Asset Classification, enhancing asset management frameworks.
The RBI has issued amendments regarding Income Recognition and Asset Classification for Urban Cooperative Banks, reinforcing the framework for financial management.
The RBI has introduced the Third Amendment Directions for Income Recognition and Asset Classification for Rural Cooperative Banks, aimed at enhancing financial stability.
RBI has issued the Second Amendment Directions, 2026 regarding Income Recognition and Asset Classification for Regional Rural Banks, ensuring better management of stressed assets.
The RBI has introduced the Second Amendment Directions, 2026 for Local Area Banks regarding Income Recognition, Asset Classification, and Provisioning. These amendments are part of the continuous regulatory updates aimed at resolving stressed assets in financial institutions.
The RBI has circulated new guidelines regarding Special Rupee Vostro Accounts (SRVAs) aimed at facilitating international trade settlements in Indian Rupees. Authorised Dealer Category-I banks are urged to refer to previous circulars for comprehensive understanding.
The 2026 amendment to the AIF Regulations revises the scheme fees, filing requirements, and provisions for Accredited Investors only funds.
The Securities and Exchange Board of India (SEBI) has permitted standing instructions for Systematic Withdrawal Plans (SWP) and Systematic Transfer Plans (STP) for demat mutual fund units, effective January 31, 2027.
The Gujarat High Court upheld the requirement for an agricultural science degree for valuers of agricultural lands, dismissing a petition challenging the regulatory framework.
The DGFT has amended the Handbook of Procedure 2023 to introduce Tariff Rate Quotas (TRQ) for imports of dates and marble under the India-Oman Comprehensive Economic Partnership Agreement. Applications for TRQ authorisations must be filed online, subject to customs notifications.
The NCLAT ruled to dismiss an insolvency plea against SBI loans, referencing fraud allegations that invalidated the loan documents.