Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has announced the Fourth Amendment Directions for Rural Co-operative Banks concerning the Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR). This amendment exempts fresh FCNR(B) deposits from CRR and SLR maintenance.
The Reserve Bank of India has unveiled the Third Amendment Directions for Commercial Banks, focusing on interest rates for deposits. The amendment temporarily lifts the interest rate ceiling on new FCNR(B) deposits.
The Reserve Bank of India has issued the Third Amendment Directions for Small Finance Banks, specifically regarding interest rates on deposits. This amendment allows for the temporary suspension of the interest rate ceiling on new FCNR(B) deposits.
The Reserve Bank of India has published the Third Amendment Directions for Regional Rural Banks regarding interest rates on deposits. The amendment temporarily lifts the interest rate cap on new FCNR(B) deposits.
The Reserve Bank of India has unveiled the Third Amendment Directions for Urban Co-operative Banks, focusing on interest rates for deposits. This amendment includes the temporary removal of the interest rate ceiling on new FCNR(B) deposits.
The Reserve Bank of India has released the Second Amendment Directions for Rural Co-operative Banks regarding the interest rate on deposits. This amendment updates previous guidelines and temporarily removes the ceiling on interest rates for fresh FCNR(B) deposits.
The Reserve Bank of India (RBI) has announced an Overnight Variable Rate Reverse Repo (VRRR) auction on August 27, 2026. The notified amount for this auction is set at ₹200,000 crore with the auction window open from 9:30 AM to 10:00 AM.
The RBI has issued the Third Amendment Directions for Non-Banking Financial Companies, focusing on responsible lending practices and the conduct of recovery agents. This supports the regulatory body's commitment to consumer protection.
The RBI has issued the Third Amendment Directions to Housing Finance Companies, outlining new instructions on the engagement of recovery agents. This aligns with the RBI's ongoing reforms in the housing finance sector.
The Reserve Bank of India (RBI) held a Variable Rate Reverse Repo (VRRR) auction on August 25, 2026, accepting ₹98,516 crore of offers out of ₹1,75,000 crore notified. The cut-off and weighted average rate were set at 5.24%.
The Ladakh Administration has announced the formation of five new districts and has assigned Lead Bank responsibilities accordingly. This development impacts financial services and governance in the region.
The Reserve Bank of India has imposed an ₹8.10 lakh penalty on Shri Ram Finance Corporation for failures in KYC compliance. The penalty was imposed based on RBI's governance and KYC directives.