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Court News

Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.

RBI Penalizes Namdev Finvest Limited for KYC Violations
Reserve Bank of Indiabankingcorporate

RBI Penalizes Namdev Finvest Limited for KYC Violations

Namdev Finvest Limited has been fined ₹2.70 lakh by the RBI for non-compliance with KYC guidelines. This penalty highlights ongoing regulatory scrutiny in the finance sector.

Aug 8, 2026Read more →
RBI to Conduct 7-day Variable Rate Reverse Repo Auction
Reserve Bank of Indiabankingcorporate

RBI to Conduct 7-day Variable Rate Reverse Repo Auction

On August 10, 2026, the RBI will conduct a Variable Rate Reverse Repo auction with a notified amount of ₹200,000 Crore for a tenor of 7 days. This step aims to manage the evolving liquidity conditions in the economy.

Aug 8, 2026Read more →
RBI Issues Draft RCB Concentration Risk & Credit Facility Directions for Comments
Reserve Bank of Indiabanking

RBI Issues Draft RCB Concentration Risk & Credit Facility Directions for Comments

The Reserve Bank of India (RBI) has issued draft directions aimed at revising exposure limits and establishing new norms for housing loans and credit rules effective from April 1, 2027.

Aug 8, 2026Read more →
RBI Issues Draft NBFC Credit Facility Amendment Restricting Revolving Credit Products
Reserve Bank of Indiabankingcorporate

RBI Issues Draft NBFC Credit Facility Amendment Restricting Revolving Credit Products

The Reserve Bank of India (RBI) has issued draft amendments to its NBFC Credit Facilities that propose restrictions on revolving credit products, allowing such products only for authorized credit card issuers. Public comments are invited.

Aug 8, 2026Read more →
RBI Excludes Eligible FCNR(B)/NRE Advances from ANBC
Reserve Bank of Indiabanking

RBI Excludes Eligible FCNR(B)/NRE Advances from ANBC

The Reserve Bank of India (RBI) has officially excluded advances against specified FCNR(B) and NRE deposits from the Adjusted Net Bank Credit (ANBC) calculations for priority sector lending targets. This change is effective immediately.

Aug 8, 2026Read more →
RBI Commercial Banks Fourth Amendment Directions on Recovery Practices
Reserve Bank of Indiabanking

RBI Commercial Banks Fourth Amendment Directions on Recovery Practices

The RBI has issued Fourth Amendment Directions for Commercial Banks regarding recovery agent engagement practices, emphasizing responsible conduct.

Aug 7, 2026Read more →
RBI Issues Fourth Amendment Directions for Small Finance Banks
Reserve Bank of Indiabanking

RBI Issues Fourth Amendment Directions for Small Finance Banks

The RBI has updated its guidelines for Small Finance Banks (SFBs) regarding the engagement of recovery agents. This move is aimed at enhancing responsible business conduct.

Aug 7, 2026Read more →
RBI Updates Directions for Local Area Banks on Responsible Lending
Reserve Bank of Indiabanking

RBI Updates Directions for Local Area Banks on Responsible Lending

The Reserve Bank of India has issued Fourth Amendment Directions for Local Area Banks focusing on managing recovery agents for microfinance loans.

Aug 7, 2026Read more →
RBI Issues Fourth Amendment for Regional Rural Banks on Recovery Protocols
Reserve Bank of Indiabanking

RBI Issues Fourth Amendment for Regional Rural Banks on Recovery Protocols

The Reserve Bank of India has updated its Fourth Amendment Directions for Regional Rural Banks (RRBs). This revision pertains to engagement practices for recovery agents.

Aug 7, 2026Read more →
RBI Updates Guidelines for Urban Co-operative Banks on Recovery Agents
Reserve Bank of Indiabanking

RBI Updates Guidelines for Urban Co-operative Banks on Recovery Agents

The RBI has issued updated Fourth Amendment Directions for Urban Co-operative Banks (UCBs), focusing on guidelines related to the engagement of recovery agents.

Aug 7, 2026Read more →
RBI Issues Fourth Amendment Directions for Rural Co-operative Banks
Reserve Bank of Indiabanking

RBI Issues Fourth Amendment Directions for Rural Co-operative Banks

The Reserve Bank of India has issued Fourth Amendment Directions focused on engagement protocols for recovery agents by Rural Co-operative Banks. This is part of a broader push for responsible business conduct.

Aug 7, 2026Read more →
RBI Updates Responsible Business Conduct Guidelines for Financial Institutions
Reserve Bank of Indiabanking

RBI Updates Responsible Business Conduct Guidelines for Financial Institutions

The Reserve Bank of India has updated the Responsible Business Conduct guidelines for All India Financial Institutions (AIFIs). The focus is on the responsibilities of AIFIs in managing recovery agents effectively.

Aug 7, 2026Read more →
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