Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has issued new directions governing concurrent audits in commercial banks, mandating stricter oversight and accountability measures for improved financial integrity.
The RBI has issued comprehensive guidelines for banks regarding the detection, reporting, and monitoring of counterfeit Indian currency notes. This is part of a broader initiative to combat counterfeit currency circulation.
The Reserve Bank of India has scheduled an auction for Treasury Bills, including prominent maturities set for August 2026, aimed at meeting government financing needs.
The Government of India has declared a buyback of dated securities amounting to ₹20,000 crore. This initiative aims to manage debt more effectively and stabilize market conditions.
The Kerala High Court ruled that banks cannot freeze accounts based on an expired prohibitory order under the Income Tax Act, advising Kotak Mahindra to allow account operations.
The RBI has introduced new directions on concurrent audits for commercial banks effective from July 31, 2026, emphasizing the importance of governance and accountability in audit practices.
RBI issues directions for banks regarding the detection, reporting, and monitoring of fake Indian currency notes (FICNs). These directions aim to enhance the banking sector's response to counterfeit note issues.
The Reserve Bank of India has issued consolidated supervisory directions aimed at streamlining regulatory compliance for financial institutions. This move aims at minimizing compliance costs through periodic evaluation.
The Reserve Bank of India has published sectoral deployment data on bank credit for June 2026, indicating significant year-on-year growth.
The Reserve Bank of India has scheduled an auction for Government of India Treasury Bills, including 91, 182, and 364-day maturities, aimed at managing short-term funding requirements.
The Reserve Bank of India has reported lending and deposit rates for July 2026, showing slight variations from the previous month. The weighted average lending rate on new loans stands at 8.53%.
The Reserve Bank of India has issued draft Amendment Directions on interest rates for deposits, aimed at providing banks with more pricing flexibility while ensuring uniform disclosures.