The RBI has introduced comprehensive credit reporting norms for Small Finance Banks to ensure standardized, timely, and accurate borrower data. The framework strengthens transparency, SHG reporting, and data quality monitoring.
The company failed to comply with statutory charge registration requirements under the Companies Act, 2013, attracting financial penalties on officers in default.
The ITAT Pune remanded a case where the first appellate authority dismissed an appeal ex-parte. taxpayers must be given a fair hearing before dismissal, reinforcing the principle of natural justice.
RBI’s 2025 Directions set out comprehensive guidelines for issuing credit, debit, and co-branded cards by small finance banks, focusing on customer protection and risk management.
The circular introduces consolidated Directions governing credit facilities for Small Finance Banks. It outlines RBI’s mandate, regulatory safeguards, and immediate applicability.
New Directions mandate a fair, transparent, two-stage process with notice, disclosure, and hearing before tagging a borrower as a wilful defaulter. The key takeaway is strengthened natural justice alongside tighter credit discipline.
RBI introduces a unified framework ensuring transparent, non-discriminatory interest rates on all domestic and non-resident deposits. Key takeaway: SFBs must follow strict policies on rate setting, premature withdrawals, and disclosure.
SC ordered Department to comply with High Court directions and issue C-Forms and F-Forms after verification of indemnity bonds, leaving legal questions open for future cases.
RBI introduces a detailed framework allowing SFBs to issue long-term bonds with CRR/SLR and PSL benefits. The Directions aim to boost infrastructure and affordable housing finance.
The regulator has rolled out a comprehensive framework for early identification and time-bound resolution of stressed assets by NBFCs. The key takeaway is stricter governance, faster resolution timelines, and enhanced supervisory scrutiny to prevent evergreening and protect credit discipline.
