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Court News

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

RBI Imposes Penalty on Kolhapur District Central Co-op Bank
Reserve Bank of Indiabanking

RBI Imposes Penalty on Kolhapur District Central Co-op Bank

The RBI has levied a penalty of ₹13.30 lakh on Kolhapur District Central Co-operative Bank for non-compliance with banking regulations.

Jul 21, 2026Read more →
RBI Imposes Penalty on United Puri-Nimapara Co-operative Bank
Reserve Bank of Indiabanking

RBI Imposes Penalty on United Puri-Nimapara Co-operative Bank

The Reserve Bank of India has imposed a monetary penalty of ₹3 lakh on United Puri-Nimapara Central Co-operative Bank for KYC non-compliance.

Jul 21, 2026Read more →
RBI Conducts Auction of Government Dated Securities
Reserve Bank of Indiabankingcorporate

RBI Conducts Auction of Government Dated Securities

The RBI has announced the auction of two dated government securities totaling ₹28,000 crore, aimed at managing the country’s debt effectively.

Jul 21, 2026Read more →
RBI to Conduct VRR Auction to Manage Liquidity
Reserve Bank of Indiabanking

RBI to Conduct VRR Auction to Manage Liquidity

The Reserve Bank of India will conduct a Variable Rate Repo auction aimed at managing liquidity, with a total notified amount of ₹75,000 crore for a 3-day tenor on July 21, 2026.

Jul 21, 2026Read more →
Calcutta HC Directs Borrower to File Complaint to RBI Ombudsman
Calcutta High Courtcivilbanking

Calcutta HC Directs Borrower to File Complaint to RBI Ombudsman

The Calcutta High Court has authorized a borrower to file a new complaint with the RBI Ombudsman regarding the undervalued auction of his truck. The court mandated that the complaint be addressed within six weeks.

Jul 21, 2026Read more →
DRAT Chennai Dismisses Loan Recovery Appeal Linked to NCLT Delay
DRAT Chennaibankinginsolvency

DRAT Chennai Dismisses Loan Recovery Appeal Linked to NCLT Delay

The Debt Recovery Appellate Tribunal (DRAT) in Chennai has dismissed an appeal concerning a ₹115 crore loan recovery, referencing a significant delay of 2,417 days.

Jul 20, 2026Read more →
RBI Publishes Second Amendment Directions on Local Area Banks' Stressed Assets
Reserve Bank of Indiabanking

RBI Publishes Second Amendment Directions on Local Area Banks' Stressed Assets

The Reserve Bank of India has updated the Directions on the Resolution of Stressed Assets for Local Area Banks to improve operational practices and asset management.

Jul 20, 2026Read more →
RBI Issues Second Amendment Directions for Urban Cooperative Banks
Reserve Bank of Indiabanking

RBI Issues Second Amendment Directions for Urban Cooperative Banks

The Reserve Bank of India has released the Second Amendment Directions on Income Recognition, Asset Classification, and Provisioning for Urban Cooperative Banks, to ensure regulatory compliance and sound financial governance.

Jul 20, 2026Read more →
RBI Amends Income Recognition Directions for Rural Co-operative Banks
Reserve Bank of Indiabanking

RBI Amends Income Recognition Directions for Rural Co-operative Banks

The Reserve Bank of India has issued the Third Amendment Directions on Income Recognition, Asset Classification, and Provisioning for Rural Co-operative Banks, aiming to strengthen governance and financial practices.

Jul 20, 2026Read more →
RBI Updates Directions for Regional Rural Banks on Income Recognition
Reserve Bank of Indiabanking

RBI Updates Directions for Regional Rural Banks on Income Recognition

The Reserve Bank of India has released the Second Amendment Directions on Income Recognition, Asset Classification, and Provisioning for Regional Rural Banks. This is part of ongoing reforms to strengthen the banking sector's resilience.

Jul 20, 2026Read more →
RBI Amends Directions on Income Recognition for Local Area Banks
Reserve Bank of Indiabanking

RBI Amends Directions on Income Recognition for Local Area Banks

The Reserve Bank of India has amended the Directions on Income Recognition, Asset Classification, and Provisioning for Local Area Banks. This amendment aims to improve the financial health of local banks by ensuring standardization in financial reporting.

Jul 20, 2026Read more →
RBI Issues Circular on Special Rupee Vostro Accounts
Reserve Bank of Indiabanking

RBI Issues Circular on Special Rupee Vostro Accounts

The Reserve Bank of India has released a circular on Special Rupee Vostro Accounts (SRVAs), inviting attention to previous notifications regarding International Trade Settlement in Indian Rupees. This provides clarity on updates concerning SRVAs for authorized dealer banks.

Jul 20, 2026Read more →
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