Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has updated the guidelines for the Lead Bank Scheme, reinforcing its operational framework aimed at facilitating credit access.
The RBI has released minutes from the Monetary Policy Committee meeting held from June 3 to 5, 2026.
The RBI has published its Weekly Statistical Supplement Bulletin, detailing liabilities and assets as of June 12, 2026.
The RBI imposed a penalty of ₹3.10 lakh on Pahal Financial Services for KYC compliance failures.
The RBI has levied a penalty of ₹2.70 lakh on Can Fin Homes Limited for non-compliance with Fair Practices Code.
The RBI has imposed a penalty of ₹6.20 lakh on Five Star Business Finance Limited for non-compliance with KYC regulations.
The RBI has finalized and issued a revised circular on the Lead Bank Scheme, incorporating stakeholder feedback received on the draft.
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.
The Institute of Chartered Accountants of India (ICAI) has refuted claims of a data breach concerning exam data, asserting that the portal in question was solely for examiner training.
The RBI requires mutual fund asset management companies to report foreign liabilities and assets annually to enhance Balance of Payments statistics.
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.
The RBI has clarified reporting requirements and procedures for Portfolio Investment Positions, aiming to enhance data quality in cross-border investments.