RBI Releases Master Circular on SC/ST Credit Facilities
RBI consolidates guidelines for credit to SCs and STs, reinforcing priority sector lending norms and access to finance.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
RBI consolidates guidelines for credit to SCs and STs, reinforcing priority sector lending norms and access to finance.
RBI mandates migration of Non-Resident Deposits Comprehensive Single Return (NRD-CSR) to the CIMS Sankalan portal, replacing XBRL submissions to streamline forex data collection.
The Reserve Bank of India (RBI) has issued a Master Direction on the use of note sorting machines, mandating operational, quality, and reporting standards for all banks to ensure currency fitness and integrity.

The Bombay High Court is hearing a petition alleging that Regional Transport Offices are registering public service vehicles without mandatory AIS-140 Vehicle Location Tracking Devices and panic buttons, as distributors challenge non-compliant practices.
IPO’s Draft Guidelines for Pharmaceutical Patent Examination face criticism for statutory misquotations and misinterpretations. Experts warn they could disrupt prosecution if not substantially revised.
RBI amends investment portfolio rules for Small Finance Banks to ensure uniform valuation and risk management standards.
RBI amends investment portfolio rules for All India Financial Institutions. Focuses on classification and valuation clarity.
RBI amends FEMA export-import rules to ease compliance and reflect trade developments. Key changes in documentation and reporting timelines.
RBI consolidates credit guidelines for SCs and STs into a single master circular. Ensures equitable access and better credit flow to marginalised communities.
The Securities Appellate Tribunal (SAT) has consistently held that SEBI cannot impose penalties on a corporate debtor for pre-acquisition defaults after an NCLT-approved resolution plan under the IBC. Sections 31 and 32A of the Insolvency and Bankruptcy Code protect the corporate entity post-resolution, barring regulatory penalties for past conduct.

SEBI has disposed of adjudication proceedings against five Adani Group companies for disclosure and corporate governance lapses, accepting settlements totalling over ₹1.5 crore without admission of guilt.

SEBI settles disclosure and governance proceedings against five Adani Group firms for over ₹1.5 crore without admission of liability.