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RBI invites public comments on the Draft Circular on Lead Bank Scheme (LBS)

February 13, 2026 945 Views 0 comment Print

RBI has issued revised LBS guidelines to strengthen coordination among banks and government agencies. The framework enhances priority sector lending, credit planning, and accountability mechanisms.

RBI Issues Draft Amendment Directions for instructions on ‘Lending to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs)’

February 13, 2026 636 Views 0 comment Print

RBI proposes permitting commercial banks to finance REITs subject to prudential exposure ceilings. The draft introduces safeguards to manage concentration and credit risk.

Draft RBI [Small Finance Banks – Kisan Credit Card (KCC) Scheme] Directions, 2026

February 12, 2026 879 Views 0 comment Print

The draft Directions introduce a six-year composite KCC facility covering crop, allied, and investment credit. Drawing limits are linked to the Scale of Finance with structured percentage add-ons.

Draft RBI [Commercial Banks – Kisan Credit Card (KCC) Scheme] Directions, 2026

February 12, 2026 5241 Views 0 comment Print

The RBI has consolidated KCC guidelines under new 2026 Master Directions, introducing a six-year composite credit structure. Drawing limits are aligned with Scale of Finance and include additional components for technology and maintenance.

RBI Revised Kisan Credit Card (KCC) Scheme

February 12, 2026 1575 Views 0 comment Print

The RBI has issued draft guidelines extending the Kisan Credit Card tenure to six years and aligning drawing limits with actual cultivation costs. The proposal also standardizes crop seasons and expands eligible expenses for farmers.

RBI Issues Draft Amendment Directions for ‘Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents’

February 12, 2026 747 Views 0 comment Print

RBI has issued draft amendment directions to standardise borrower treatment and recovery agent conduct across banks, NBFCs, and financial institutions. The move expands responsible business norms beyond select entities.

IFSCA Notifies Net Worth Certificate Format & GAP Audit Checklist

February 12, 2026 879 Views 0 comment Print

IFSCA has prescribed a standard Net Worth Certificate format and detailed audit checklist for Global Access Providers. GAPs must submit certified net worth statements annually and undergo mandatory peer-reviewed audits to ensure regulatory compliance.

ROC Kolkata Imposes Penalty for Backdated CFO Appointment Without Board Resolution

February 10, 2026 876 Views 0 comment Print

The Registrar held that appointing a CFO with retrospective effect without a prior Board resolution violates Section 179 of the Companies Act, 2013. Penalty was imposed under Section 450 as no specific punishment is prescribed for the default.

ROC Kanpur Imposes Penalty for Non-Filing of MGT-14 on Financial Statements

February 10, 2026 414 Views 0 comment Print

The Registrar held that failure to file Form MGT-14 for approval of financial statements violated Section 117(1) read with Section 179(3)(g). Penalty was imposed under Section 117(2) on both the company and its officers in default.

MCA Expands List of Regional Directors Under Section 458

February 10, 2026 957 Views 0 comment Print

The Ministry of Corporate Affairs has amended its 2018 notification to revise and expand the list of Regional Directors. The updated framework takes effect from 16 February 2026.

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