AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The Reserve Bank of India has published the Fourth Amendment Directions for Small Finance Banks, focusing on CRR and SLR requirements, which exempts new FCNR(B) deposits from these obligations.
The Reserve Bank of India has released the Fourth Amendment Directions for Regional Rural Banks regarding CRR and SLR requirements. The amendment provides exemptions for new FCNR(B) deposits.
The Reserve Bank of India has published the Fourth Amendment Directions for Urban Co-operative Banks regarding the CRR and SLR requirements. The amendment exempts new FCNR(B) deposits from these maintenance ratios.
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.
NCLAT has ruled that unregistered defaults with an Information Utility do not preclude the admission of Section 7 applications under the Insolvency and Bankruptcy Code, based on valid loan documents.
The Kerala High Court has overturned an earlier order regarding ICICI Bank's Section 14 SARFAESI application. The court directed fresh consideration, ruling the previous order functus officio and highlighting the need for adherence to procedure.
The Delhi High Court has dismissed a writ petition challenging the Enforcement Directorate's attachment of ₹18.10 crores under the Prevention of Money Laundering Act. The court emphasized the availability of statutory remedies to the petitioner.
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.