Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India (RBI) has issued a new circular outlining the operating framework for non-bank entities to facilitate outward remittance through Authorized Dealer (Category I) banks in India. This framework is part of ongoing regulatory amendments aimed at streamlining foreign exchange services.
The Reserve Bank of India has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd. in Maharashtra, effective May 4, 2026.
The Reserve Bank of India has released its 46th Half-Yearly Report on the management of foreign exchange reserves for the period ending March 2026, enhancing transparency in reserve management.
The Reserve Bank of India has made amendments to the capital adequacy norms for commercial banks, enhancing risk management and financial stability.
The Reserve Bank of India has issued amendments to the capital adequacy norms applicable to small finance banks, aiming to improve financial resilience in the sector.
The Reserve Bank of India has announced amendments to the capital adequacy norms for payment banks. This aims to enhance financial stability and risk management in these institutions.
The Reserve Bank of India has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., effective May 4, 2026.
NCLT Mumbai ruled that an arbitration clause does not prevent the initiation of Corporate Insolvency Resolution Process (CIRP) once a financial default has been established under Section 7 of the IBC.
Auctions for state government securities totaling ₹24,400 crore conducted for Andhra Pradesh, Chhattisgarh, and Rajasthan via price-based and yield-based methods.
The Reserve Bank of India has scheduled auctions for 91-day, 182-day, and 364-day Treasury Bills totaling ₹24,000 crore. Auctions will occur on October 21, 2026, with settlement on October 22, 2026.
The Reserve Bank of India has notified that the premature redemption date for Sovereign Gold Bond (SGB) 2020-21 Series VII is October 19, 2026, due to October 20 being a holiday. Redemption is permitted after the fifth year, on interest payment dates, as per government notification.
The RBI revised provisions on deferment of option premium under the Commercial Banks – Miscellaneous Directions, 2025, aligning with updated forthcoming instructions and market practices.