SAFEMA Tribunal Upholds PMLA Attachment of Pre-Crime Property
SAFEMA Tribunal affirms PMLA attachment of properties acquired before the offence, treating them as 'proceeds of crime' under Section 2(1)(u) when actual assets are unavailable.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SAFEMA Tribunal affirms PMLA attachment of properties acquired before the offence, treating them as 'proceeds of crime' under Section 2(1)(u) when actual assets are unavailable.
From April 2027, banks must adopt the RBI’s Expected Credit Loss (ECL) framework, a three-stage provisioning model based on credit risk deterioration and Effective Interest Rate (EIR) calculations.
RBI’s updated ECL framework enhances early stress recognition; ARC sales and SNFA rules shape resolution pathways, reducing reliance on public bailouts.
Effective 16 October 2026, the RBI increases the daily minimum Cash Reserve Ratio (CRR) maintenance from 90% to 99% of the required average, enhancing liquidity absorption and monetary control.
FeaturedSEBI passed a final order against Growpital and 30 linked entities for operating an unregistered Collective Investment Scheme and defrauding investors through pooled funds.
The RBI has updated the methodology for minimum capital requirements for counterparty credit risk in derivatives, aligning with Basel standards.
SEBI proposes to replace the 2020 Portfolio Managers Rules with a comprehensive 2026 regulatory framework covering PRIM, derivatives, compliance relief, and client safeguards.
SEBI has introduced a unified Common Advertisement Code for brokers, mutual funds, analysts, and portfolio managers. The code regulates promotional content, including celebrity endorsements, to prevent misleading claims and ensure investor protection.
Multiple prudential amendments issued on October 7, 2026, streamline legal opinion and valuation requirements for clearing members across AIFIs, payments banks, small finance banks, and commercial banks, aligning with international standards.
FeaturedNCLT admits ₹1.68 crore MUDRA insolvency plea, ruling RBI licence cancellation removes financial service provider exclusion under IBC.
FeaturedRBI's Twelfth Amendment Directions, 2026 introduce a 2% risk weight on QCCP exposures for commercial banks and revise CVA capital charge methodologies effective April 2027.
FeaturedThe Reserve Bank of India has increased the Bank Rate from 5.50% to 5.75% with immediate effect. Concurrently, it revised penal interest rates for non-compliance with Cash Reserve Ratio (CRR) and Statutory Liquidity Ratio (SLR) norms.