Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Calcutta High Court ruled that banks are justified in withholding a No Due Certificate until all components of a loan, including various charges, are settled. This clarification is crucial for borrowers and legal practitioners managing financial agreements.
The RBI has released the 'Kisan Credit Card (KCC) Scheme' directions relevant to commercial banks, aiming to improve credit access for the agricultural sector.
The RBI has issued the 'Kisan Credit Card (KCC) Scheme' directions for small finance banks, enhancing the accessibility of credit for farmers in this sector.
The RBI has released 'Kisan Credit Card (KCC) Scheme' directions specifically for regional rural banks, aiming to facilitate improved credit access for farmers.
The RBI has released the 'Kisan Credit Card (KCC) Scheme' directions for rural co-operative banks to enhance credit access for farmers. The directions detail credit purpose, tenure, limits, and other provisions.
The Reserve Bank of India has announced the Kisan Credit Card (KCC) Scheme Directions tailored for Commercial Banks aiming to strengthen agricultural credit for farmers.
The Reserve Bank of India has released the Kisan Credit Card (KCC) Scheme Directions applicable to Small Finance Banks. This new framework aims to enhance the credit support provided to small-scale farmers.
The Reserve Bank of India has issued a new set of directions for Regional Rural Banks concerning the Kisan Credit Card (KCC) Scheme. This framework is aimed at improving agricultural credit facilities and support for rural economies.
The Reserve Bank of India has released new directions for Rural Co-operative Banks regarding the Kisan Credit Card (KCC) Scheme, outlining credit purposes, tenure, limits, and general instructions. These directions aim to enhance support to farmers through improved banking services.
The Insolvency and Bankruptcy Board of India (IBBI) has introduced a fourth amendment to the insolvency regulations, enhancing the roles of creditors and imposing stricter controls over resolution costs.
The RBI has approved the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd., which is set to take effect on May 4, 2026. This amalgamation is significant in the banking sector in Maharashtra.
The RBI has published the 46th Half-Yearly Report on the management of India's foreign exchange reserves, ensuring transparency in financial governance. This report is released semi-annually to review reserves management strategies.