Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has published new directives related to the internal audit function in commercial banks, underscoring the importance of governance and compliance oversight.
The RBI has introduced new directions on fraud risk management for commercial banks, mandating robust governance and oversight mechanisms.
The RBI has introduced new compliance directions for commercial banks, emphasizing governance, management roles, and compliance policy. This aims to enhance regulatory adherence.
The Reserve Bank of India has published draft guidelines for 'on tap' licensing of Urban Co-operative Banks, inviting public comments until September 5, 2026.
On August 6, 2026, the Reserve Bank of India conducted a Variable Rate Reverse Repo auction for ₹1,50,000 crore. The total amount accepted was ₹1,30,286 crore, with a cut-off rate of 5.24%.
The RBI has announced new directions regarding statutory audits, focusing on governance, oversight, and the appointment of statutory auditors in commercial banks.
The RBI has issued directions to strengthen the internal audit functions of commercial banks, focusing on governance, effectiveness, and accountability.
New directions by the RBI elaborate on fraud risk management practices for commercial banks, providing essential guidance for minimizing fraud-related risks.
The Reserve Bank of India has issued new Directions concerning the compliance functions of commercial banks, emphasizing the roles of governance and oversight in financial institutions.
The RBI has published new guidelines on the detection, reporting, and monitoring of Fake Indian Currency Notes (FICNs), streamlining procedures for banks to counteract counterfeiting effectively.
The IBBI has determined that communications with resolution professionals are exempt from disclosure under RTI, ensuring confidentiality in insolvency proceedings.
The Reserve Bank of India has extended the directives issued to The Pusad Urban Co-operative Bank Ltd. until August 7, 2026. This extension aims to ensure compliance with regulatory standards and safeguard depositors' interests.