AI-curated court updates, legal developments, and practice-area insights for Indian legal professionals.
The RBI has introduced new directions on concurrent audits for commercial banks effective from July 31, 2026, emphasizing the importance of governance and accountability in audit practices.
The Reserve Bank of India has issued consolidated supervisory directions aimed at streamlining regulatory compliance for financial institutions. This move aims at minimizing compliance costs through periodic evaluation.
The Reserve Bank of India has published sectoral deployment data on bank credit for June 2026, indicating significant year-on-year growth.
The Reserve Bank of India has scheduled an auction for Government of India Treasury Bills, including 91, 182, and 364-day maturities, aimed at managing short-term funding requirements.
The Reserve Bank of India has reported lending and deposit rates for July 2026, showing slight variations from the previous month. The weighted average lending rate on new loans stands at 8.53%.
SEBI clarifies that Alternative Investment Fund units are not treated as mutual funds and remain subject to prudential limits under Portfolio Managers Regulations.
SEBI has updated the certification norms for specialized investment fund distributors, replacing the Series XIII certification with NISM Series V-D.
SEBI clarifies compliance obligations under Regulation 62A for entities assuming outstanding unlisted NCD obligations after restructuring.
SEBI has revised the securities transmission framework, introducing QTP with standardized documents and streamlined processing timelines effective July 23, 2026.
A detailed guide on the SEBI SCORES authentication process has been released, covering complaint handling, compliance obligations, and timelines for registered intermediaries.
The Karnataka High Court has directed the EPFO to pursue its provident fund dues claim before the NCLT in liquidation proceedings, dismissing the writ case.
ROC Bangalore imposed a ₹4.50 lakh penalty for failure to disclose board meeting proceedings, highlighting the need for companies to adhere to corporate governance norms.
The ROC imposed a penalty of ₹3.50 lakh on a company for failing to timely file CSR-2, emphasizing compliance with statutory deadlines under the Companies Act.