Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has released amended directions on the resolution of stressed assets for All India Financial Institutions to strengthen financial stability and mitigate risks associated with non-performing assets.
The RBI has released second amendment directions to enhance credit risk management standards for regional rural banks, ensuring their resilience against financial distress.
The RBI has issued amendment directions regarding income recognition, asset classification, and provisioning for All India Financial Institutions, further refining financial compliance standards.
The RBI has introduced amendment directions for All India Financial Institutions regarding credit risk management. These amendments are intended to enhance the effectiveness of risk assessment and management strategies across the sector.
The Reserve Bank of India has released new directions concerning the conduct of government business by Agency Banks, addressing the payment of agency commissions and oversight. This regulatory framework aims to enhance the operational transparency and accountability of Agency Banks involved in government transactions.
The RBI will auction Treasury Bills worth ₹18,000 Crore on May 20, 2026, covering various tenors to manage short-term funding needs.
The RBI announced the upcoming opportunity for premature redemption of Sovereign Gold Bonds (SGB) from May 18, 2026, in accordance with government notification.
Various State Governments have launched an auction for bonds totaling ₹20,100 Crore. Key auctions include Andhra Pradesh, which offers a re-issue of 7.63% bonds due 2034.
The CBIC has implemented a new system for the identification and expedited clearance of hazardous cargo, effective from 01 July 2026.
CESTAT Hyderabad ruled that the mere presence of foreign markings on gold does not substantiate smuggling claims without proper contextual verification, hence the confiscation was deemed legally defective.
The CESTAT in Bangalore annulled an IGST demand, ruling the extended limitation period under section 28(4) of the Customs Act was improperly applied due to lack of suppression or intent to evade duty.
ROC Mumbai has penalized an individual for holding two Director Identification Numbers, emphasizing legal compliance under the Companies Act.