The issue covers the special timeline for filing delayed GSTAT appeals due to earlier tribunal non-functionality. The key takeaway is that missing 30.06.2026 may risk loss of appellate remedy.
RBI allows restructured accounts to remain or be upgraded to standard status post calamity relief. The takeaway is improved borrower support with prudential safeguards.
The amendment mandates alternative service delivery channels and flexible operations in disaster-affected areas. It ensures banking accessibility and resilience in times of crisis. The key takeaway is improved inclusion and service continuity.
The RBI mandates a structured framework for resolving stressed loans caused by natural calamities with strict timelines. It ensures timely relief through standardized policies and borrower-centric measures.
The Court examined whether employees could be penalised under Section 122(1A) for company-level GST violations. It held that only “taxable persons” fall within the scope of the provision, excluding employees without independent registration.
Borrower accounts can retain or regain standard classification after resolution. The amendment supports relief while maintaining prudential norms.
The RBI permits borrower accounts to retain or regain Standard status after resolution plan implementation. This provides relief for calamity-affected borrowers while maintaining prudential discipline.
The RBI requires banks to factor in potential disaster impacts while assessing borrower creditworthiness. This ensures more resilient and forward-looking lending practices.
RBI created a structured framework for resolving loans affected by natural calamities. The directions ensure timely relief through defined timelines and coordinated implementation.
RBI introduced a new framework to address loan stress caused by natural calamities in local area banks. It mandates time-bound restructuring and coordinated decision-making through banking committees.
