CBIC has mandated system identification and expedited clearance of hazardous cargo through flagged Bills of Entry. Importers must declare hazardous goods at item level from 01 July 2026.
SEBI’s consultation paper proposes allowing mutual funds to use intraday borrowings for broader liquidity and cash flow management purposes beyond redemption payouts.
IRDAI approved drafting regulations for implementing a Risk Based Capital framework to strengthen solvency assessment and align India’s insurance sector with global standards.
RBI sets new framework for agency commission, reporting, and monitoring of agency banks. Key takeaway: stricter compliance and standardized processes now mandatory.
The tribunal recalled its earlier order after finding it addressed an incorrect issue. It ultimately upheld that no disallowance applies when no expense is claimed.
RBI now requires NBFCs to factor in calamity risks while assessing borrower creditworthiness. The move strengthens risk-sensitive lending and improves financial resilience.
RBI replaces outdated disaster relief directions with a comprehensive framework for RRBs. Existing actions remain valid while new norms take effect from July 2026.
A new framework standardizes how NBFCs resolve borrower stress caused by disasters. It ensures timely, structured, and transparent relief measures.
Local Area Banks can operate from temporary premises and deploy mobile units during calamities. The move ensures uninterrupted banking access for affected customers.
Borrower accounts can retain or regain standard classification after resolution. The amendment supports relief while maintaining prudential norms.
