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Archive: June, 2026

Posts in June, 2026

SEBI Introduces New Rules for AIF Wind-Up and Retention of Investor Proceeds

June 16, 2026 729 Views 0 comment Print

SEBI has allowed AIFs to retain liquidation proceeds beyond the permissible fund life under specified conditions while introducing safeguards to protect investor interests during the winding-up process.

ICSI Issues Advisory on Updating Member Records Ahead of Elections

June 16, 2026 156 Views 0 comment Print

ICSI has advised members to verify and update their contact and address details maintained in the Institute’s records. Accurate information is essential to ensure seamless election-related communication and access to electronic voting facilities.

RBI (Commercial Banks – Responsible Business Conduct) Second Amendment Directions, 2026

June 16, 2026 1059 Views 0 comment Print

The RBI mandated explicit consent, suitability assessments, and compensation mechanisms to curb mis-selling of financial products by banks. The key takeaway is that customer protection has become a central pillar of banking regulation.

RBI (Small Finance Banks – Responsible Business Conduct) Second Amendment Directions, 2026

June 16, 2026 171 Views 0 comment Print

The new Directions require explicit customer consent, suitability assessments, and compensation mechanisms to curb mis-selling and strengthen customer rights in the small finance banking sector.

RBI (Payments Banks – Responsible Business Conduct) Second Amendment Directions, 2026

June 16, 2026 231 Views 0 comment Print

The RBI has issued comprehensive guidelines governing how Payments Banks advertise and sell financial products. The framework focuses on preventing mis-selling and enhancing customer protection in digital banking.

RBI (Local Area Banks – Responsible Business Conduct) Second Amendment Directions, 2026

June 16, 2026 198 Views 0 comment Print

The RBI mandated explicit consent, suitability assessments, and compensation mechanisms to prevent unfair sales practices by Local Area Banks. The key takeaway is that customer welfare now occupies a central place in product distribution.

RBI (Regional Rural Banks – Responsible Business Conduct) Second Amendment Directions, 2026

June 16, 2026 210 Views 0 comment Print

The RBI has issued comprehensive guidelines regulating how RRBs advertise, market, and sell financial products. The reforms aim to prevent mis-selling and strengthen customer safeguards across rural banking services.

RBI (Urban Co-operative Banks – Responsible Business Conduct) Second Amendment Directions, 2026

June 16, 2026 231 Views 0 comment Print

The RBI has issued detailed guidelines governing the marketing and sale of financial products by UCBs. The framework focuses on preventing mis-selling and strengthening customer safeguards.

NTA Launches Portal to Report Suspicious NEET (UG) 2026 Claims

June 16, 2026 201 Views 0 comment Print

NTA launched a special portal to report fake paper leaks, fraudulent answer keys, and impersonation related to NEET (UG)-2026. The initiative reinforces transparency and warns candidates to trust only official sources.

RBI (Rural Co-operative Banks – Responsible Business Conduct) Second Amendment Directions, 2026

June 16, 2026 159 Views 0 comment Print

The new framework mandates explicit customer consent, suitability assessments, and compensation mechanisms to address mis-selling and strengthen consumer protection in rural banking.

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