Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedRBI grants one-time approval for major shareholdings in Local Area Banks, Payments Banks, Small Finance Banks, and commercial banks for qualifying mutual funds, insurers, and pension funds.
FeaturedRBI revises acquisition norms for commercial banks, requiring prior approval and enhanced disclosure for significant shareholding changes.
FeaturedA Bengaluru special court remanded Ozone Group Chairman Vasudevan Satyamurthy to 14-day ED custody in a money laundering case involving ₹927.22 crores, after the agency alleged proceeds of crime linked to real estate projects.
FeaturedRBI notifies financial entities of new terrorist organisation designated under UAPA, 1967. Mandates immediate asset freezes and compliance with surveillance protocols.
FeaturedRBI mandates financial entities to implement amendments to UNSC sanctions list under UAPA. Includes addition of terrorist organisation and modifications to existing entries.
FeaturedThe Government of India has designated a new terrorist organisation under Section 35(1)(a) of UAPA, 1967, requiring financial institutions to freeze associated assets and report compliance immediately.
FeaturedThe Reserve Bank has notified financial institutions of an update to the UNSC 1267/1989 ISIL & Al-Qaida sanctions list under Section 51A of the UAPA, 1967, requiring immediate compliance for freezing assets linked to designated individuals or entities.
FeaturedThe RBI has finalized the regulatory framework for novation of over-the-counter (OTC) derivative contracts, based on stakeholder feedback, to enhance market stability and reduce counterparty risk.
FeaturedThe RBI has issued amendment directions for All India Financial Institutions and banks, revising norms for classification, valuation, and operation of investment portfolios to ensure uniformity and market-based valuation practices.
FeaturedThe RBI has notified financial institutions of the designation of a terrorist organization under Section 35(1)(a) of the UAPA, 1967, and directed strict enforcement of asset-freezing and reporting obligations under the First Schedule of the Act.
FeaturedThe Reserve Bank of India has issued the Foreign Exchange Management (Export and Import of Goods and Services) (Amendment) Regulations, 2026, effective September 22, 2026. The amendments update compliance requirements and procedures under FEMA, 1999, for cross-border trade in goods and services.
FeaturedNew capital adequacy norms require commercial banks to maintain minimum capital for market risk exposures under revised RBI directions.