The draft norms introduce a structured six-year Kisan Credit Card facility covering crop, allied and investment credit. Limits are linked to the Scale of Finance with annual escalation provisions.
RBI has amended Housing Finance Company directions to align advertising and sales norms with NBFC Responsible Business Conduct rules. The move ensures uniform compliance standards from July 1, 2026.
RBI’s 2026 amendment introduces strict norms on advertising, consent, bundling, and dark patterns for NBFCs. The move strengthens customer protection and responsible business conduct.
The draft amendment prohibits deceptive digital practices and compulsory bundling in product sales. Institutions must ensure explicit consent and compensate customers in cases of mis-selling.
The RBI has proposed new Responsible Business Conduct amendments requiring Rural Co-operative Banks to curb mis-selling, compulsory bundling, and deceptive digital practices. The draft Directions mandate explicit consent, product suitability checks, and customer compensation mechanisms.
Booking.com platform earning of commission income is not taxable in India since AO has failed to discharge the onus of establishing assessee having fixed place PE in India. Accordingly, final assessment order is liable to be set aside.
The draft directions require UCBs to obtain clear, unbundled customer consent before selling financial products. The move enhances customer autonomy and safeguards against unfair practices.
RBI’s 2026 draft amendments prohibit compulsory bundling, mis-selling, and deceptive digital design by Regional Rural Banks. The framework mandates explicit consent, transparency, and customer compensation safeguards.
The RBI proposes stricter norms prohibiting deceptive design practices, compulsory bundling, and mis-selling. LABs must ensure explicit consent and transparent disclosures.
RBIs draft 2026 amendment directions prohibit dark patterns, compulsory bundling and deceptive marketing by Payments Banks. The key takeaway is stronger customer consent and protection standards.
