Summarizes RBI’s new 2025 directives covering diverse regulatory and operational requirements for Small Finance Banks, including bond reporting for Primary Dealers.
The issue addressed was the need for a consolidated regulatory framework for UCB credit operations. The key takeaway is that RBI has standardised credit norms to ensure stability, depositor protection, and consistent lending practices.
The RBI’s 2025 Directions mandate proper classification, valuation, and operation of Payments Banks’ investments, ensuring stronger portfolio governance and financial stability.
ITAT held that cash deposits made during demonetization without proof of source justified addition under Section 69A. The ruling reinforces that dissolved entities must substantiate cash claims with evidence.
ROC Delhi penalised the company and officers for submitting FY 2022-23 financials without the Company Secretary’s signature, highlighting Section 134 compliance requirements and corporate governance obligations.
ROC Chennai imposed reduced penalties after a company failed to disclose PAN and email IDs of allottees in a private placement return. The order holds the lapse a Rule 14(6) violation punishable under Section 450, with relief granted under Section 446B.
Explains the 2025 RBI directions consolidating rules on ethical practices, customer service, and fair treatment in Small Finance Banks.
RBI introduces a comprehensive framework governing issuance, conduct, security, and co-branding of debit cards by Payments Banks. The Directions strengthen customer protection, transparency, and operational discipline.
Explains the 2025 RBI directions mandating stricter customer identification and transaction monitoring to combat money laundering and terrorist financing.
The Tribunal held that suspicion or reference to unconnected investigations cannot justify denying legitimate interest expenditure. It reiterated that opening balances accepted in earlier years cannot be treated as non-genuine in a subsequent year without contrary evidence.
