Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
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.
The RBI has conducted a review of circulars issued under FEMA, 1999, streamlining redundant directives. This initiative will assist authorized persons in better compliance and operational efficiency.
As of March 2026, India's external debt stands at USD 762.8 billion, reflecting an increase of USD 26.3 billion from March 2025.
The Government of India has announced a re-issue auction for a dated security totaling ₹34,000 crore, maturing in 2036.
The RBI conducted a Variable Rate Repo (VRR) auction with a notified amount of ₹75,000 crore. The total bids received and allotted were ₹69,413 crore, with a cut-off rate of 5.26%.
The Reserve Bank of India has issued third amendment directions regarding responsible business conduct for commercial banks, focusing on customer protection in unauthorized electronic banking transactions.
The Reserve Bank of India has released third amendment directions for small finance banks focusing on customer protection in unauthorized electronic banking transactions.
The Reserve Bank of India has made second amendment directions to enhance responsible business conduct for payments banks regarding customer protection in unauthorized electronic banking transactions.