Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has launched a concessional swap facility for FCNR(B) deposits, ECBs, and OFCBs, operational until late 2026. This initiative aims to bolster forex inflows, supporting the country's forex liquidity.
The RBI has released new directions for commercial banks detailing governance and compliance functions, effective July 31, 2026. This aims to strengthen banks' internal frameworks and oversight mechanisms.
The RBI has consolidated various supervisory instructions into a single document, repealing outdated circulars. This aims to streamline regulations for commercial banks effective July 31, 2026.
The Government of India is set to buy back dated securities through auction, totaling ₹20,000 Crore. This initiative is aimed at debt management and optimizing interest costs.
Several State Governments are set to auction securities totaling ₹26,850 Crore to raise funds. This includes re-issues and fresh issues, aimed at financing state-level projects.
The Reserve Bank of India has operationalized a concessional swap facility for FCNR(B) deposits and External Commercial Borrowings, effective until September and December 2026, respectively. Reported inflows till July 31, 2026, have been collected from Authorised Dealer Banks.
The NCLT upheld a resolution professional's decision to reject an income tax claim filed significantly late, emphasizing the finality of an approved resolution plan under the Insolvency and Bankruptcy Code.
The Reserve Bank of India has issued Amendment Directions on Basel Pillar 3 disclosures, seeking stakeholder feedback to enhance capital adequacy standards for banks.
The Reserve Bank of India has conducted an underwriting auction for the re-issue of Government Security, amounting to ₹34,000 crore. The cut-off rates for underwriting commission payable to Primary Dealers have been finalized.
The RBI has issued directives prohibiting banks from bundling insurance products with home loans, marking a significant step towards fair banking practices. This decision aims to enhance customer protection and transparency in financial services.
The RBI has published Second Amendment Directions regarding the Resolution of Stressed Assets for Local Area Banks, aimed at improving asset management and financial stability measures.
The Reserve Bank of India has issued Second Amendment Directions focused on income recognition and asset classification for Local Area Banks. This is intended to enhance financial stability and compliance.