The 2025 Directions introduce a consolidated regime for restructuring, settlements, and write-offs. Key takeaway: faster, more disciplined resolution with tighter governance and provisioning norms.
RBI sets prudential norms for small finance banks, linking dividend eligibility to CRAR and NNPA ratios. Boards must ensure payouts maintain financial stability and comply with regulations.
The regulator ties branch authorisation to financial strength and ratings, allowing wider expansion only for stronger entities while retaining supervisory veto powers.
RBI introduces new 2025 Directions to identify and manage wilful defaulters, ensuring transparent procedures, accountability, and restrictions on future credit for non-repaying borrowers.
RBI mandates structured board procedures, risk management, and audit oversight for Regional Rural Banks, repealing previous guidelines while maintaining regulatory compliance.
The RBI released fresh Directions on asset liability management applicable to commercial banks. The Directions take immediate effect and define the regulatory scope under the Banking Regulation Act.
This case examines whether the PCIT could revise an assessment under section 263 when the AO allowed interest income deduction under section 80P. The ITAT ruled that the AO’s order was a plausible view, and both conditions for invoking section 263 were not met.
The Directions lay down a unified framework for RRBs to market mutual funds, distribute insurance, and undertake merchant acquiring, with strict governance and customer protection norms.
A comprehensive process is prescribed for NBFC mergers with other NBFCs or non-NBFC entities. The ruling ensures orderly consolidation under regulatory supervision.
Enhancement of cash deposits by CIT(A) was set aside due to lack of proper hearing. ITAT remitted the case for fresh adjudication, safeguarding the assessee’s opportunity to explain transactions.
