Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Kerala High Court upheld the practice of considering a parent's CIBIL score in education loan applications, reinforcing the current IBA and RBI framework.
The RBI has finalized and issued Prudential Norms related to Specified Non-Financial Assets (SNFA) following stakeholder feedback on the draft directions released earlier in 2026.
The RBI has concluded the VRR auction on July 17, 2026, with a total allocation of ₹75,003 crore against bids of ₹1,09,823 crore. The cut-off and weighted average rates were both set at 5.26%.
The Reserve Bank of India has announced a Second Variable Rate Repo auction on July 17, 2026, with a notified amount of ₹50,000 crore. The auction aims to address current liquidity conditions and is scheduled for a three-day tenor.
The Reserve Bank of India has levied monetary penalties on several co-operative banks for non-compliance with regulatory directives. This includes penalties on The Nawada Central Co-operative Bank and others for KYC-related lapses.
The latest auction results for Government Stock indicate competitive bids and cut-off prices, providing valuable insights into market conditions and investor sentiment.
The Reserve Bank of India has scheduled an auction for Government Treasury Bills with various maturities. This includes 91-Day, 182-Day, and 364-Day Treasury Bills, with significant amounts set for auction.
The Reserve Bank of India announces an auction for State Government Securities amounting to ₹24,800 Crore. This includes various securities offered by multiple state governments.
The Calcutta High Court has ordered the completion of liquidation processes for 32 banking companies within six months, with regular reporting to the RBI.
The RBI has removed Coӧperatieve Rabobank U.A. from the Second Schedule of the RBI Act, effective immediately. This follows the cessation of its banking activities.
New guidelines from the RBI target Payments Banks emphasizing responsible business conduct and customer protection in electronic transactions, reshaping the risk landscape in financial services.
The RBI has issued directives for Local Area Banks to enhance customer protection and responsible banking conduct, addressing unauthorized electronic banking transactions.