The RBI has issued fresh directions standardising how Urban Co-operative Banks fix and pay interest on deposits. The key takeaway is a mandatory, transparent, and non-discriminatory interest rate policy across all deposit categories.
RBI’s 2025 Directions define strict income recognition, asset classification, and provisioning norms for small finance banks, ensuring transparency and prudent lending practices.
The RBI issued binding Directions to strengthen governance, due diligence, and oversight of IT outsourcing by Local Area Banks. The key takeaway is enhanced Board accountability and stricter controls over data security and service providers.
The 2025 Directions overhaul asset-liability management for UCBs, setting clear governance, liquidity limits, and IRR controls. Key takeaway: stricter, standardised risk management and reporting across bank categories.
The RBI has issued comprehensive 2025 Directions standardising CRR and SLR requirements for UCBs. The key takeaway is tighter liquidity compliance with clearer definitions, reporting norms, and penalties.
The regulator mandated a single, standardized credit reporting system for all major financial institutions. The ruling ensures consistency, data accuracy, and improved credit decision-making across the financial system.
The latest amendment to the Project Imports Regulations includes Jaipur Metro Projects and designates RMRCL officials as authorised officers. The update expands eligibility under the project imports framework.
The latest customs notification updates tariff values for palm oil, soybean oil, brass scrap, gold, and silver. Effective 29 November 2025, the revision aligns valuations with current market rates.
The Tribunal allowed the assessee’s appeal for re-examination of a section 36(1)(va) addition due to inadvertent error in the original audit report. The matter was restored to the AO to pass a speaking order. This highlights the importance of rectifying audit errors to prevent wrongful income additions.
The RBI (Local Area Banks – Responsible Business Conduct) Directions, 2025 consolidate customer service, financial inclusion, deposit management, locker operations, nomination, and claim settlement norms for Local Area Banks, laying down comprehensive governance, protection, and transparency requirements with immediate effect.
