Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has issued new directives regarding the Kisan Credit Card Scheme specifically for Regional Rural Banks, aiming to improve agricultural financing mechanisms.
The Reserve Bank of India has released directives concerning the Kisan Credit Card Scheme for Rural Co-operative Banks, urging compliance and establishing expectations for bank operations. This move aims to enhance agricultural financing for farmers.
The RBI has announced the auction of Treasury Bills worth ₹18,000 crore, scheduled for June 24, 2026.
The RBI has published final Directions on the revised Kisan Credit Card Scheme, incorporating stakeholder feedback from the draft issued earlier.
Companies receiving foreign investments must ensure compliance with FEMA regulations regarding reporting, valuation, and approvals to avoid penalties and delays in future fundraising.
The RBI has amended existing regulations, shortening the realization period for export proceeds from 15 months to 9 months under FEMA. Compliance requirements for exporters will be stricter.
The RBI has enabled UPI integration with KHQR in Cambodia, allowing Indian travelers to make payments directly with UPI apps. This development enhances the global reach of UPI.
The RBI has introduced a US Dollar-Rupee swap facility for FCNR (B) deposits mobilised for a period of three to five years, enhancing foreign currency management.
The Reserve Bank has amended its directions regarding the Cash Reserve Ratio and Statutory Liquidity Ratio for Commercial Banks, introducing a US Dollar-Rupee swap facility for enhancing liquidity management.
The RBI has amended Cash Reserve Ratio and Statutory Liquidity Ratio directives for Small Finance Banks, incorporating a US Dollar-Rupee swap facility for FCNR (B) funds to enhance liquidity.
The Reserve Bank has issued amendments for Urban Co-operative Banks’ Cash Reserve Ratio and Statutory Liquidity Ratio, including a US Dollar-Rupee swap facility for FCNR (B) deposits. This aims to support liquidity management in the sector.
The Reserve Bank has amended the Cash Reserve Ratio and Statutory Liquidity Ratio for Rural Co-operative Banks, introducing a US Dollar-Rupee swap facility for FCNR deposits. This aims to enhance the banks' liquidity management capabilities.