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Court News

Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.

RBI Issues Framework for Non-Bank Outward Remittance Services
Reserve Bank of Indiabankingfinancial

RBI Issues Framework for Non-Bank Outward Remittance Services

The Reserve Bank of India has released a framework facilitating outward remittance services by non-bank entities through Authorized Dealer banks. This aims to streamline compliance and service delivery in foreign exchange.

May 13, 2026Read more →
Sectoral Deployment of Bank Credit Updated for March 2026
Reserve Bank of Indiabanking

Sectoral Deployment of Bank Credit Updated for March 2026

The Reserve Bank of India has updated its data on sectoral deployment of bank credit as of March 2026, showing significant growth in non-food credit.

May 13, 2026Read more →
Auction of State Government Securities Announced
Reserve Bank of Indiacorporatebanking

Auction of State Government Securities Announced

The Reserve Bank of India has announced an auction for state government securities amounting to ₹18,600 Crore, allowing states to raise funds for various projects.

May 13, 2026Read more →
Final Redemption Price for Sovereign Gold Bond Scheme Announced
Reserve Bank of Indiainvestmentbanking

Final Redemption Price for Sovereign Gold Bond Scheme Announced

The final redemption price for the Sovereign Gold Bond 2018-19 Series-I, due on May 4, 2026, has been announced by the Reserve Bank of India, calculated based on gold prices.

May 13, 2026Read more →
RBI Fines IndusInd Bank ₹59.20 Lakh for Non-Compliance
Reserve Bank of Indiabankingcorporate

RBI Fines IndusInd Bank ₹59.20 Lakh for Non-Compliance

IndusInd Bank has incurred a penalty of ₹59.20 lakh from the RBI due to violations related to interest rates on deposits and securitisation practices.

Aug 15, 2026Read more →
RBI Imposes Penalty on Northern Arc Capital Limited
Reserve Bank of Indiabankingcorporate

RBI Imposes Penalty on Northern Arc Capital Limited

The RBI has fined Northern Arc Capital Limited ₹6.20 lakh for not complying with disclosure requirements in financial statements.

Aug 15, 2026Read more →
RBI Imposes Monetary Penalty on Fusion Finance Limited
Reserve Bank of Indiabankingcorporate

RBI Imposes Monetary Penalty on Fusion Finance Limited

The RBI has imposed a monetary penalty of ₹2.70 lakh on Fusion Finance Limited for non-compliance with KYC guidelines as mandated by RBI provisions.

Aug 15, 2026Read more →
RBI Conducts 3-Day Variable Rate Reverse Repo Auction Results
Reserve Bank of Indiabanking

RBI Conducts 3-Day Variable Rate Reverse Repo Auction Results

On August 14, 2026, the Reserve Bank of India reported the results of the 3-day Variable Rate Reverse Repo auction with a notified amount of ₹1,50,000 crore, receiving offers of ₹80,235 crore. The accepted amount mirrored the total offers at a cut-off and weighted average rate of 5.24%.

Aug 14, 2026Read more →
Amendments for Small Finance Banks on Responsible Business Conduct
Reserve Bank of Indiabanking

Amendments for Small Finance Banks on Responsible Business Conduct

The Reserve Bank of India has released Fourth Amendment Directions for Small Finance Banks, emphasizing responsible conduct in relation to recovery processes.

Aug 13, 2026Read more →
RBI Issues Fourth Amendment for Local Area Banks' Business Conduct
Reserve Bank of Indiabanking

RBI Issues Fourth Amendment for Local Area Banks' Business Conduct

The Reserve Bank of India has introduced Fourth Amendment Directions for Local Area Banks, focusing on responsible business conduct and engagement of recovery agents.

Aug 13, 2026Read more →
RBI's Fourth Amendment for Regional Rural Banks on Business Conduct
Reserve Bank of Indiabanking

RBI's Fourth Amendment for Regional Rural Banks on Business Conduct

The Reserve Bank of India has issued Fourth Amendment Directions for Regional Rural Banks to regulate responsible business conduct, focusing on practices related to recovery agents.

Aug 13, 2026Read more →
Amendments for Urban Co-operative Banks on Responsible Conduct
Reserve Bank of Indiabanking

Amendments for Urban Co-operative Banks on Responsible Conduct

The Reserve Bank of India has issued Third Amendment Directions for Urban Co-operative Banks to enhance responsible business conduct and regulate recovery agents.

Aug 13, 2026Read more →
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