RBI Updates Directions for Urban Co-operative Banks on Responsible Conduct
The Reserve Bank of India has released the fourth amendment directions for Urban Co-operative Banks, refining guidelines for responsible business conduct.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has released the fourth amendment directions for Urban Co-operative Banks, refining guidelines for responsible business conduct.
The Madras High Court dismissed a writ petition challenging the findings of the RBI Ombudsman concerning grievances about GST refunds, bank charges, and NPA classifications, upholding the Ombudsman's decisions.
The FSSAI has proposed amendments to regulations establishing high fat, sugar, and salt limits for foods aimed at school children, inviting public objections within 60 days.
The Madras High Court has dismissed a writ petition affirming the RBI Ombudsman’s conclusions regarding grievances related to GST refunds, bank charges, and NPA classification.
The Reserve Bank of India has proposed a draft amendment to restrict revolving credit products provided by non-banking financial companies, except for authorized credit card issuers. This move aims to enhance regulatory oversight.
The Madras High Court upheld the RBI Ombudsman's decisions regarding grievances related to GST refunds, bank charges, and NPA classifications. The court dismissed a writ petition challenging the Ombudsman's findings, affirming the procedural integrity of the Ombudsman’s process.
The Delhi High Court addresses the need for updates in digital archiving exceptions to improve access to knowledge in its latest judgment.
The CCPA has commenced action against 41 restaurants for charging default service fees without proper disclosure, citing violations of the Consumer Protection Act, 2019.
The Madras High Court has instructed FSSAI to test herbal hookah products, allowing operations subject to compliance with regulations concerning tobacco and nicotine content.

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 Central Consumer Protection Authority (CCPA) imposed a ₹1 lakh penalty on SpiceJet for utilizing pre-ticked consent boxes, classifying them as dark patterns that violate consumer rights. This reinforces the legal obligation for clear consent in consumer transactions.

Under India's Data Protection and Digital Privacy Act (DPDP), organizations are required to provide clear, specific, and updated privacy notices. This marks a shift from generic policies to dynamic communication reflecting actual data practices.