Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The RBI has issued guidelines for Urban Co-operative Banks addressing consumer protection in unauthorized transactions, consolidating previous directives.
The RBI has issued guiding principles for Responsible Business Conduct concerning unauthorized electronic transactions by Rural Co-operative Banks, enhancing consumer protection measures.
The Reserve Bank of India has released data on India's invisibles for Q4 of 2025-26, as per IMF guidelines. This data is essential for understanding the balance of payments.
The Reserve Bank of India conducted a Variable Rate Repo (VRR) auction, allotting ₹29,695 crore at a cut-off rate of 5.26%. The auction reflects the current liquidity condition in the money market.
The RBI has revised customer protection protocols for Regional Rural Banks, strengthening measures against electronic banking fraud and establishing compensation mechanisms.
The RBI has updated fraud rules for Urban Co-operative Banks, enhancing customer protection against digital banking fraud through new zero-liability provisions.
The RBI's new Master Direction facilitates TReDS onboarding for MSMEs by removing mandatory due diligence, fostering improved financing efficiency.
RBI has released a draft framework to guide regulated entities in managing risks associated with model usage, emphasizing accountability and lifecycle management.
The RBI has proposed a draft Master Direction to consolidate regulations pertaining to the government securities market into a single framework, aiming to enhance compliance simplicity and regulatory clarity.
The Madras High Court held that a pending appeal before the NCLAT does not hinder PNB’s Swiss challenge auction of stressed assets. Compliance with RBI directives was confirmed.
The NCLT ruled that prior classification of a loan as a Non-Performing Asset (NPA) does not negate previous defaults. This establishes clarity in the applicability of defaults even during suspension periods.
The RBI has introduced modifications to the returns and reporting requirements under FEMA, aimed at enhancing compliance. These changes affect authorized persons handling foreign exchange transactions.