Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has released new amendment directions for rural co-operative banks. These amendments establish updated governance and operational frameworks as per the Banking Regulation (Amendment) Act, 2020.
The RBI has approved the amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 04, 2026.
The RBI has proposed new draft directions to regulate loan recovery practices, prohibiting coercive measures and enhancing borrower protections. Feedback is invited from stakeholders for refinement.
The RBI has updated governance rules for Urban Co-operative Banks, mandating a three-year cooling-off period after ten years of continuous service on the board. This is part of efforts to enhance governance standards.
The RBI has introduced new governance rules for Rural Co-operative Banks to prevent directors from evading tenure restrictions. A mandatory three-year cooling-off period is now required after a decade of continuous service.
The RBI amended the Responsible Business Conduct Directions for Regional Rural Banks to improve corporate governance and ethical practices within the sector, responding to ongoing challenges in asset management.
The Reserve Bank of India issued amendments to the Credit Risk Management Directions for Non-Banking Financial Companies to enhance frameworks dealing with asset quality risks.
The Reserve Bank of India has revised the Credit Risk Management Directions for Rural Cooperative Banks, aiming to enhance their risk assessment processes and operational frameworks amidst economic challenges.
The RBI issued a set of amendments concerning the resolution of stressed assets across All India Financial Institutions, aiming to enhance the regulatory framework governing asset recovery.
The RBI announced amendments to the Credit Risk Management Directions for Regional Rural Banks to enhance their operational frameworks amid ongoing challenges in asset quality.
The Reserve Bank of India amended the Income Recognition, Asset Classification and Provisioning Directions aimed at refining practices within financial institutions to deal with stressed assets more effectively.
The Reserve Bank of India has amended the Responsible Business Conduct Directions for All India Financial Institutions to align with the latest practices in risk management and ethical banking. These amendments aim to enhance corporate governance standards.