Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has issued amendments to the directions governing responsible business conduct for All India Financial Institutions. This aims to enhance corporate governance standards and protect consumer interests.
The RBI has issued operational directions for the disbursement of government pensions through Agency Banks. These new provisions are aimed at ensuring a smooth implementation of pension payments and enhancing the accountability of banking institutions involved.
The RBI's recent amendment clarifies the conditions governing rupee borrowings by resident individuals from NRIs and OCI relatives, streamlining fund practices.
The RBI has created a new category of Unregistered Type 1 Non-Banking Financial Companies (NBFCs) that can operate with limited funds without public engagement. This allows for more flexibility in NBFC operations.
The Reserve Bank of India has announced the withdrawal of ₹2000 banknotes from circulation. The facility for deposit and exchange was available at all bank branches until October 7, 2023.
The Reserve Bank of India has announced the auction of Government of India Treasury Bills, providing a mechanism for short-term funding.
The Reserve Bank of India has released data on lending and deposit rates of scheduled commercial banks for April 2026, indicating slight changes from the previous month.
The Reserve Bank of India has released its 46th Half-Yearly Report on the management of foreign exchange reserves, focusing on transparency and performance from October 2025 to March 2026.
The Reserve Bank of India has officially noted the ongoing withdrawal of ₹2000 banknotes from circulation, with all banks accepting deposits until October 7, 2023. The latest status was published on April 1, 2026.
A penalty of ₹3.10 lakh has been imposed on Muthoot MCred Limited by the RBI for deviating from asset classification norms.
The Reserve Bank of India (RBI) has designated the State Bank of India (SBI) as the Lead Bank for five new districts in Ladakh, ensuring dedicated banking services and efficient administration.
The RBI has imposed a ₹50,000 penalty on The Citizen Co-operative Bank Limited for non-compliance with income recognition and asset classification norms. This ruling underscores the importance of adherence to regulatory guidelines by banking institutions.