AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
As of September 30, 2026, the RBI processed 3,011 pending applications under its Citizen’s Charter, reflecting its commitment to public service delivery and accountability in regulatory functions.
SEBI proposes changes to base prices and dummy bands in pre-open auctions for IPOs and re-listed securities to improve price discovery and reduce manipulation risks.
SEBI renews recognition of BSE Clearing Limited for three years from October 3, 2026, under the Securities Contracts (Regulation) Act, 1956.
SEBI has upgraded its Document Number Verification System by making subject matter a mandatory field and aligning document numbers with E-Office outward records to enhance authenticity and tracking of official communications.
RBI amends ATM operations guidelines, permitting banks to delegate monitoring of cassette swaps to an Executive Committee, enhancing internal oversight flexibility.
The RBI has withdrawn 268 outdated currency management circulars, consolidating current policy into Master Directions to improve regulatory clarity and reduce compliance burden.
RBI modifies its ATM cassette swap directive, permitting boards of banks to delegate monitoring responsibilities to internal oversight committees. The change enhances operational flexibility while maintaining security standards.
The RBI has released the indicative calendar for state government borrowings for October–December 2026 under the Benchmark Issuance Strategy (BIS). Eighteen states and one UT will participate.
The RBI has announced auctions of 91-day, 182-day, and 364-day Treasury Bills totaling ₹29,000 crore. The auction is scheduled for October 7, 2026, with settlement on October 8.
Several state governments, including Andhra Pradesh and Gujarat, will conduct auctions of state government securities (SGS) for a total of ₹25,100 crore. The auctions will include re-issues of existing stock.
The IPO’s Draft Guidelines for Examination of Pharmaceutical Patent Applications, 2026 face severe criticism for misquoting provisions and misinterpreting patentability standards, raising concerns over examination consistency and legal accuracy.
RBI consolidates bank lending guidelines for Scheduled Castes and Scheduled Tribes, covering planning, monitoring, and reporting obligations.
RBI annual performance reporting (APR) applies to Indian entities with overseas investments; filings require audit confirmation and are due by June 30.