RBI ensures continued ‘Standard’ classification for accounts undergoing restructuring under specified frameworks. This supports recovery without immediate asset downgrading.
RBI establishes a structured framework with strict timelines for resolving loans affected by calamities. The amendment ensures faster relief and coordinated action across banks.
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 notification proposes a strict ban on plastic packaging for pan masala. It mandates eco-friendly alternatives and reinforces existing plastic waste rules to curb environmental and health risks.
The issue was compliance timeline under amended DT regulations. SEBI extended the deadline to October 2026 due to implementation challenges, ensuring smoother transition for trustees.
The case involved allotment of shares before complete payment and issues with fund traceability. The authority held it as non-compliance and imposed penalties, treating it as a technical breach.
The authority imposed a penalty on the director for incorrect disclosure in Form AOC-4. It held that the signatory is responsible for accuracy of filings, even if the error was inadvertent.
The authority ruled that failure to mention CIN on documents was not a continuing offence. Penalty was limited to specific instances, significantly reducing liability.
The ruling clarifies that an annual return is incomplete without the reconciliation statement where required. Late filing of GSTR-9C was treated as delayed filing of the return itself, justifying penalty under GST law.
RBI data shows profit after tax increased despite moderation in sales growth. Lower interest expenses and higher non-operating income supported profitability.