Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
The Reserve Bank of India has amended the Foreign Exchange Management Regulations for exports, enhancing compliance measures under the Foreign Exchange Management Act. These changes streamline requirements for exporters of goods and services, ensuring better regulatory oversight.
The RBI has scheduled auctions for 91-Day, 182-Day, and 364-Day Treasury Bills, a significant measure to manage government finances and liquidity in the economy.
Puran Associates Private Limited has been penalized for failing to comply with asset classification provisions according to RBI regulations. This emphasizes the scrutiny on asset management practices.
The RBI has released draft Amendment Directions regarding interest rate disclosures on deposits, inviting stakeholder comments. This aims to enhance pricing flexibility for banks.
The RBI announced the redemption price for premature redemption of the SGB 2021-22 Series-III, due on June 8, 2026. This outlines conditions for early redemption of Sovereign Gold Bonds.
The RBI has issued directions pertaining to the disbursement of government pensions by Agency Banks, setting guidelines for the implementation processes involved.
The NCLT admitted insolvency proceedings, concluding that ongoing settlement talks do not negate the need for Corporate Insolvency Resolution Process (CIRP) if an operational debt and default are established.
The Reserve Bank of India has amended the Responsible Business Conduct guidelines for Regional Rural Banks to enhance accountability and ethical standards.
The Reserve Bank of India has established new guidelines for the disbursement of government pensions by Agency Banks, emphasizing compliance and better management. These guidelines are aimed at improving the pension distribution process.
The Reserve Bank of India has released directions on the conduct of Government Business by Agency Banks, outlining the payment of agency commissions and oversight processes. These directions aim to streamline banking operations related to government financial transactions.
The Monetary Policy Committee (MPC) met from June 3 to June 5, 2026, and decided unanimously to keep the policy rates unchanged.
The Reserve Bank of India has dismissed media reports claiming it sold $12 billion worth of gold to stabilize forex reserves. The central bank confirmed its gold holdings remained unchanged at 880.52 tonnes, as indicated in its monthly bulletin.