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RBI (All India Financial Institutions – Undertaking of Financial Services) –Amendment Directions, 2026

April 27, 2026 165 Views 0 comment Print

The issue was expanding funding avenues for rural enterprises. RBI amended its Directions to include AgriSURE, enabling institutions to support agri-startups and drive inclusive growth.

RBI (Local Area Banks – Miscellaneous) – Amendment Directions, 2026

April 27, 2026 120 Views 0 comment Print

The update addressed expanding financing support for rural enterprises. RBI included AgriSURE in its Directions, encouraging banks to fund agri-startups and rural innovation.

Duplicate DIN Held for 1,090 Days Triggers Heavy Penalty Despite Honest Error

April 27, 2026 219 Views 0 comment Print

The case addressed prolonged possession of two DINs due to an inadvertent mistake. The authority imposed a ₹48,958 penalty, holding that duration of default justifies financial consequences despite bona fide intent.

Duplicate DIN Violation Leads to Penalty Despite Genuine Mistake

April 27, 2026 201 Views 0 comment Print

This case examines whether an unintentional duplicate DIN attracts penalties under company law. The authority held that liability is strict, imposing a ₹50,000 penalty despite acknowledging bona fide conduct.

RBI (Commercial Banks Concentration Risk Management) Second Amendment Directions, 2026

April 27, 2026 507 Views 0 comment Print

The issue was inconsistent methods for evaluating sovereign risk exposure. RBI mandated use of ECGC country risk classifications for uniform concentration risk management.

Drawback for re-export of duty paid goods supplied by SEZ to DTA

April 27, 2026 351 Views 0 comment Print

The issue concerned denial of drawback on re-exported goods supplied from SEZ to DTA. The clarification holds that such supplies qualify as imports, making them eligible for drawback under Section 74.

Wheat Export Still Prohibited But Allowed Due to 25 LMT Relaxation Quota: DGFT

April 27, 2026 240 Views 0 comment Print

The notification retains the prohibition on wheat exports but allows a limited relaxation of 25 LMT. The ruling clarifies that exports can proceed only within specified limits and conditions.

SEBI Proposes CUSPA Reforms Due to Operational Challenges in Handling Unpaid Securities

April 25, 2026 366 Views 0 comment Print

The draft circular addresses issues in managing unpaid client securities and proposes changes to the existing pledge framework. It introduces timelines, flexibility, and clarity while maintaining investor protection safeguards.

FAQs on Companies Compliance Facilitation Scheme, 2026  (CCFS-2026)

April 24, 2026 537 Views 0 comment Print

The scheme provides a last opportunity for defaulting companies to file pending returns and financial statements with reduced penalties. It emphasizes that failure to comply within the window may lead to strict regulatory action, including strike-off.

Central Government Pensioners’ Dearness Relief Raised to 60% from 1st Jan, 2026

April 24, 2026 1185 Views 0 comment Print

The issue concerns revision of Dearness Relief rates for pensioners. The government increased DR from 58% to 60% effective January 2026. The key takeaway is that all eligible pensioners will receive enhanced benefits with immediate implementation.

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