Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has officially removed Coӧperatieve Rabobank U.A. from the Second Schedule of the RBI Act after its banking status was revoked. This reflects ongoing regulatory compliance and oversight efforts.
The RBI has initiated a review of all circulars issued under the Foreign Exchange Management Act, 1999, aiming to streamline regulations and eliminate obsolete provisions. This update is key for compliance in the financial sector.
The Reserve Bank of India is set to auction 91-day, 182-day, and 364-day Treasury Bills, targeting an aggregate of ₹17,000 Crore. This auction is expected to attract significant interest from market participants.
The RBI has amended responsible business conduct for Payments Banks, enhancing security for customers against unauthorized transactions.
The RBI has announced amendments to responsible business conduct directions for Local Area Banks, enhancing customer protection measures.
The RBI has revised directions on responsible business conduct for Regional Rural Banks, emphasizing customer protection.
The RBI has amended responsible business conduct directions for Urban Co-operative Banks, focusing on customer protection measures.
The RBI has issued third amendment directions ensuring responsible business conduct for Rural Co-operative Banks, focusing on customer protection.
The RBI has modified reporting requirements for foreign exchange transactions, underscoring the importance of compliance among authorized persons.
The RBI has released master directions pertaining to credit derivatives, facilitating a more structured approach in this financial sector.
The RBI has announced a Variable Rate Repo auction for July 09, 2026, providing liquidity support for financial institutions.
The RBI announced the results of the Overnight Variable Rate Repo auction held on July 09, 2026, with all bids allotted at a cut-off rate of 5.26%.