Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
FeaturedSAFEMA Tribunal affirms PMLA attachment of properties acquired before the offence, treating them as 'proceeds of crime' under Section 2(1)(u) when actual assets are unavailable.
FeaturedFrom April 2027, banks must adopt the RBI’s Expected Credit Loss (ECL) framework, a three-stage provisioning model based on credit risk deterioration and Effective Interest Rate (EIR) calculations.
FeaturedSEBI introduces depository receipts backed by REIT units, enabling offshore listings via IFSC with defined eligibility and disclosure rules.
FeaturedSEBI permits remote digital KYC for NRIs, OCIs, and foreign nationals from 3 December 2026, easing onboarding for overseas investors.
FeaturedSEBI has overhauled the accredited investor framework, introducing manager-led accreditation, three-year validity, and a ₹5 crore exposure criterion, effective November 2026.
FeaturedSupreme Court grants bail to Anil Abraham after 15 months in judicial custody in a PMLA case, emphasizing limited flight risk and no tampering evidence.
FeaturedThe RBI has issued the Eleventh Amendment to its capital adequacy directions for commercial banks, aligning the leverage ratio framework with the 'Leverage Ratio 2017 Standard'.
FeaturedThe 63rd Monetary Policy Committee meeting held from October 5–7, 2026, emphasized sustained inflation control, with members expressing concern over food and input cost pressures. The RBI reaffirmed commitment to price stability while monitoring growth indicators, setting the stage for active liquidity management in October 2026.
FeaturedOn October 19, 2026, the RBI issued directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949, restricting operations of Puducherry Co-operative Urban Bank Ltd effective October 21. The bank is prohibited from making or receiving payments above prescribed limits, signaling regulatory intervention due to financial instability.
FeaturedOn October 22, 2026, the RBI rejected all bids in the 91-day, 182-day, and 364-day Treasury Bill auctions, accepting NIL amounts despite notified issues of ₹23,000 crore. The cut-off prices and yields remained unannounced, signaling a rare market disruption likely due to liquidity stress or policy positioning ahead of monetary committee outcomes.
FeaturedRBI mandates regulated entities to implement amendments to three UNSC sanctions entries under Section 51A of UAPA, requiring immediate compliance.
FeaturedRBI restricts non-deliverable INR derivatives to hedging purposes and imposes 20% foreign exchange risk reserve on specified contracts.