Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has released new directions for Agency Banks regarding the conduct of government business, including commission payments and oversight measures. These directions aim to ensure a structured framework for the operational conduct of agency banks in government transactions.
The Reserve Bank of India has imposed a monetary penalty of ₹1.50 lakh on Jilla Sahakari Kendriya Bank Maryadit for violating KYC norms under the Banking Regulation Act. This reinforces the regulatory emphasis on compliance.
On May 15, 2026, the Reserve Bank of India conducted an underwriting auction for government securities, setting cut-off rates for underwriting commissions payable to Primary Dealers. This auction included key financial specifics crucial for participating entities.
The Calcutta High Court has directed the RBI to reconsider an NBFC's surrender plea, emphasizing the need for a fair hearing before rejection based on meeting performance benchmarks.
The High Court upheld the DICGC's right to priority recovery of interim payments from insured banks, reinforcing legislative competence. This judgment has significant implications for depositors and the financial sector.
The RBI has announced the issuance of the Foreign Exchange Management (Authorised Persons) Regulations, 2026, aimed at rationalising the framework for authorising persons under the Foreign Exchange Management Act.
The Reserve Bank of India issued the Fifth Amendment Directions concerning capital adequacy norms for commercial banks on May 8, 2026. This update is crucial for enhancing the financial stability of the banking sector.
The RBI has released the fourth amendment directions for Small Finance Banks regarding capital adequacy requirements, effective May 8, 2026. These amendments reflect the regulatory body's ongoing efforts to strengthen financial stability.
The Reserve Bank of India has announced amendments to the Prudential Norms on Capital Adequacy for Payments Banks, detailed in the second amendment directions issued on May 8, 2026. These changes aim to enhance the regulatory framework for financial stability.
The Reserve Bank of India (RBI) has issued a new circular outlining the operating framework for non-bank entities to facilitate outward remittance through Authorized Dealer (Category I) banks in India. This framework is part of ongoing regulatory amendments aimed at streamlining foreign exchange services.
The Reserve Bank of India has sanctioned the voluntary amalgamation of The Bhavani Sahakari Bank Ltd. with TJSB Sahakari Bank Ltd. in Maharashtra, effective May 4, 2026.
The Reserve Bank of India has released its 46th Half-Yearly Report on the management of foreign exchange reserves for the period ending March 2026, enhancing transparency in reserve management.