Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India published the Fourth Amendment Directions, 2026 concerning capital adequacy for Small Finance Banks, revising the existing legal framework.
The RBI has issued the Second Amendment Directions, 2026 for Payments Banks focusing on capital adequacy norms. This follows a comprehensive review of existing regulations.
The Reserve Bank of India issued a circular detailing the operating framework for facilitating outward remittance services by non-bank entities through Authorized Dealer (Category I) banks. This update emphasizes the amendments to previous directions under the Foreign Exchange Management Act.
The RBI has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai, with TJSB Sahakari Bank Ltd., effective May 4, 2026.
The Insolvency and Bankruptcy Board of India (IBBI) introduced new governance norms for insolvency professional agencies, mandating that managing directors receive prior approval from the IBBI. The reforms also tighten eligibility criteria for directors.
The RBI has imposed a ₹3.10 lakh penalty on IIFL Finance Limited due to non-compliance with regulatory directives under NBFC regulations.
The RBI imposed a ₹5.80 lakh penalty on Appnit Technologies for KYC non-compliance, reinforcing regulatory adherence in financial practices.
The RBI has scheduled an auction for a Variable Rate Repo of ₹100,000 Crore on May 18, 2026, reflecting ongoing liquidity reviews.
The Reserve Bank of India has revised its Responsible Business Conduct Directions for Regional Rural Banks to enhance ethical standards.
The Reserve Bank of India has issued the Second Amendment Directions for credit risk management focusing on Non-Banking Financial Companies, aimed at curbing financial instability.
The Reserve Bank of India has implemented the Second Amendment Directions for credit risk management targeted at Rural Cooperative Banks, emphasizing prudent asset management.
The Reserve Bank of India has amended directions related to the resolution of stressed assets for All India Financial Institutions, reflecting a proactive approach to financial stability.