Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has released the Second Amendment Directions for All India Financial Institutions, focusing on income recognition and asset classification. This amendment seeks to enhance financial reporting standards across the sector.
The RBI has issued the Second Amendment Directions concerning Urban Cooperative Banks, focusing on income recognition and asset provisioning. These regulations are vital for maintaining asset quality in urban co-operative banking.
The Reserve Bank of India has issued the Third Amendment Directions for Rural Cooperative Banks focusing on income recognition and asset provisioning. This amendment is anticipated to improve financial practices among cooperative banks.
The RBI has issued the Second Amendment Directions for Regional Rural Banks focusing on income recognition and asset classification. This regulatory measure aims to strengthen the handling of stressed assets in the rural banking sector.
The Reserve Bank of India has issued the Second Amendment Directions for Local Area Banks concerning income recognition, asset classification, and provisioning standards. This amendment seeks to enhance the robustness of financial practices in local banks.
The Reserve Bank of India has issued draft amendments to the Securitisation Transactions Regulations, aiming to enhance efficiency, liquidity, and transparency in the securitisation process.
The Reserve Bank of India has cancelled the banking license of Paytm Payments Bank Limited, effective April 24, 2026, due to non-compliance with regulatory requirements as per the Banking Regulation Act, 1949.
The Reserve Bank of India (RBI) has outlined new reclassification criteria for Non-Banking Financial Companies (NBFCs) effective July 2026. It introduces Type I and Type II categories and details conditions for deregistration and the definition of public funds.
The RBI has released the Second Amendment Directions for Local Area Banks concerning the resolution of stressed assets, enhancing regulatory frameworks.
The Reserve Bank of India has released Second Amendment Directions for Commercial Banks regarding income recognition, asset classification, and provisioning.
The Reserve Bank of India has released Third Amendment Directions for Non-Banking Financial Companies regarding income recognition and asset classification to ensure heightened compliance.
The Reserve Bank of India has issued updated directions on income recognition and asset classification for All India Financial Institutions, enhancing compliance frameworks.