Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Bombay High Court directed the Debt Recovery Tribunal to maintain the status quo on recovery proceedings concerning secured assets pending final adjudication.
The Reserve Bank of India has set the cut-off underwriting commission rates for the latest auction. This auction is significant for Primary Dealers involved in government securities.
RBI proposes a comprehensive regulatory framework focusing on managing risks from traditional and AI/ML models used in the financial sector to enhance accountability and governance.
The Reserve Bank of India has introduced the Integrated Ombudsman Scheme, 2026, offering a centralized mechanism for resolving complaints against regulated entities, complete with structured settlements and an appeal process.
The Reserve Bank of India has introduced the Credit Derivatives Directions, 2026, which establish a framework for the introduction of derivatives on credit indices and total return swaps. This direction is aimed at enhancing market operations and fostering financial stability.
The RBI has implemented the Credit Derivatives Directions, 2026, establishing a detailed regulatory regime for credit derivatives, enhancing operational guidelines for participants.
The RBI has published draft Master Directions aimed at enhancing liquidity in the money market, inviting stakeholder feedback until July 17, 2026. The proposed measures are expected to broaden market participation.
The NCLT has initiated the Corporate Insolvency Resolution Process (CIRP) against Utkal Steels, confirming that the guarantor's liability corresponds directly with that of the principal borrower.
The RBI has released the Master Directions for Credit Derivatives, introducing new compliance guidelines. Key elements focus on credit index derivatives and total return swaps to promote market stability.
The Reserve Bank of India has issued the Sixth Amendment to the Foreign Exchange Management (Deposit) Regulations, enhancing regulatory clarity. This amendment aims to streamline deposit procedures in compliance with the Foreign Exchange Management Act, 1999.
The Reserve Bank of India conducted a 2-day Variable Rate Repo auction, allotting ₹75,021 crore at a cut-off rate of 5.26%. The total bids received amounted to ₹76,275 crore, showing strong market interest.
The RBI has revamped customer liability frameworks concerning electronic banking transactions, implementing new guidelines for fraud prevention.