Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
Amendments to Foreign Exchange Management regulations now allow up to 100% foreign direct investment in the insurance sector under the automatic route, subject to regulatory compliance.
The RBI has issued draft directions governing the treatment of specified non-financial assets acquired during the recovery of non-performing loans, detailing valuation and disposal requirements.
The RBI has introduced new regulations under FEMA, streamlining authorisation norms for forex service delivery and reducing compliance burdens for entities.
Amendments to the capital adequacy norms for Payments Banks now allow for quarterly profit recognition, contingent on audit compliance and prescribed deductions.
Amendments involving capital adequacy norms have been made for Small Finance Banks, revising quarterly profit inclusion in CET1 capital calculations alongside audit requirements.
The RBI has amended the guidelines for commercial banks regarding the recognition of current year profits in CRAR calculations, allowing quarterly recognition subject to audit requirements.
The RBI has revoked the banking licence of Sarvodaya Co-operative Bank following findings of inadequate capital and non-compliance with regulatory provisions. This step is taken to protect depositors and public interest.
The Reserve Bank of India has relaxed prior approval requirements for non-bank remittance platforms partnering with Authorised Dealer banks. This shift places the onus of compliance on the AD banks, enhancing customer protection.
The Reserve Bank of India has announced the auction of various Government of India Treasury Bills, with significant amounts for 91-day, 182-day, and 364-day maturities.
The Reserve Bank of India has published data on lending and deposit rates for scheduled commercial banks for April 2026, indicating trends in the banking sector.
The Reserve Bank of India has announced the final redemption details for the Sovereign Gold Bond 2018-19 Series-I scheme, effective May 4, 2026.
The Reserve Bank of India has introduced the Foreign Exchange Management (Authorised Persons) Regulations, 2026, to streamline the authorization framework for foreign exchange services.