Reserve Bank of Indiabankingcorporate
RBI Amends Shareholding Rules for Payments Banks
RBI revises share acquisition norms for Payments Banks, reinforcing prior approval requirements and investor eligibility standards.
Oct 3, 2026Read more →
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Reserve Bank of Indiabankingcorporate
RBI Amends Shareholding Rules for Local Area Banks
RBI amends directions on share acquisition in Local Area Banks, tightening eligibility and approval norms for promoters and substantial investors.
Oct 3, 2026Read more →
Reserve Bank of Indiabankingforeign_exchange
RBI Removes Remittance Limit for Online Form A2
RBI removes amount thresholds for online submission of Form A2, allowing all remittances to be filed electronically, simplifying forex compliance for authorised dealers.
Oct 3, 2026Read more →
Reserve Bank of Indiabankingregulatory
NRD-CSR Reporting Shifted to CIMS Sankalan Portal
RBI mandates migration of Non-Resident Deposits Comprehensive Single Return (NRD-CSR) to the CIMS Sankalan portal, replacing XBRL submissions to streamline forex data collection.
Oct 3, 2026Read more →
Reserve Bank of Indiabankingregulatory
RBI Issues Master Direction on Note Sorting Machines
The Reserve Bank of India (RBI) has issued a Master Direction on the use of note sorting machines, mandating operational, quality, and reporting standards for all banks to ensure currency fitness and integrity.
Oct 3, 2026Read more →
N/Abankingfinancial_regulation
RBI Extends Directions to Guwahati Co-op Bank
RBI has extended regulatory directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Industrial Co-operative Bank Ltd., Guwahati, until October 4, 2026.
Oct 3, 2026Read more →
N/Abankingcorporate
RBI Amends Directions for MF & Insurance Share Acquisitions
RBI has issued final Amendment Directions simplifying the approval process for mutual funds, insurance companies, and pension funds acquiring major shareholdings in banking companies.
Oct 3, 2026Read more →
N/Abankingcorporate
RBI Appoints Sudhakar Malli as Executive Director
The Reserve Bank of India has appointed Sudhakar Malli as Executive Director effective October 1, 2026. Malli, a career central banker with over 30 years of experience, was previously Chief General Manager-in-Charge of the Department of Supervision.
Oct 3, 2026Read more →
Madras High Courtintellectual_propertymedia
Madras HC on Copyright Acquiescence in TCRC v. Ganga Rudraiah
The Madras High Court in TCRC v. Ganga Rudraiah ruled on ownership of BTS photos from 'Aval Appadithan', examining Section 17(b) and finding that prolonged acquiescence may imply consent, affecting copyright claims despite absence of written agreement.
Oct 3, 2026Read more →
Delhi High Court, Calcutta High Courtintellectual_property
Can Section 124 Cover Section 47 Cancellation Proceedings?
The Delhi and Calcutta High Courts differ on whether non-use cancellation under Section 47 of the Trade Marks Act constitutes 'rectification' under Section 124. The divergence impacts whether infringement suits can be stayed pending trademark validity challenges.
Oct 3, 2026Read more →
Gujarat High Courtconstitutionalcivil
Gujarat HC Upholds Judge's Removal for Benami Assets
Gujarat High Court upholds dismissal of Judicial Magistrate over unexplained benami mobile phones and failure to disclose vehicle purchases and loan, affirming judicial integrity standards.
Oct 2, 2026Read more →
Allahabad High Courtcivilconstitutional
Allahabad HC: No Interim Suspension in Bar Council Proceedings
Allahabad High Court rules that State Bar Councils cannot suspend advocates during pendency of disciplinary proceedings; such action violates procedural safeguards under Advocates Act.
Oct 2, 2026Read more →
Madras High Courtfamilyconstitutional
Infertility Not Cruelty: Madras HC Upholds Marital Sanctity
The Madras High Court has ruled that a wife's inability to conceive cannot constitute cruelty for dissolution of marriage, affirming that marriage is not solely for procreation.
Oct 2, 2026Read more →