Banks holding currency chests were instructed to function normally on March 31, 2026, despite the holiday. The directive supports timely settlement of government transactions before the financial year closes.
The RBI directed rural co-operative banks to disclose timely payment or arrears of DICGC insurance premiums in their annual reports. The amendment strengthens transparency in financial reporting.
RBI directed urban co-operative banks to confirm in annual reports whether deposit insurance premiums were paid to DICGC on time. Any delay or arrears must also be clearly disclosed.
RBI amended disclosure rules requiring Regional Rural Banks to report whether DICGC deposit insurance premiums were paid on time. The change follows the Risk-Based Premium framework and strengthens financial transparency.
After DICGC introduced the Risk-Based Premium framework, RBI revised financial statement disclosure norms requiring Local Area Banks to report deposit insurance premium payment status.
The Tribunal relied on official certificates confirming that the land was located beyond municipal limits and classified as agricultural. Since agricultural land is excluded from capital asset definition, the addition made under Section 56 was deleted.
SEBI proposes a new category allowing minimal documentation for low-value transmission claims. The move aims to ensure faster settlement where documentation costs may exceed the value of securities.
The Institute of Company Secretaries of India (ICSI), a statutory body under the Ministry of Corporate Affairs, has invited feedback from Company Secretaries regarding practical difficulties faced in relation to Investor Education and Protection Fund (IEPF) claims. Through a communication dated March 10, 2026, the Institute stated that it aims to act as a bridge […]
RBI clarified that certain items such as current year losses, investments in subsidiaries, intangible assets, and deferred tax assets must be deducted while computing Tier 1 capital for SPDs.
RBI revoked the earlier 2025 Directions to introduce updated rules effective FY 2026–27. The central bank clarified that investigations, penalties, and approvals under the repealed norms will remain valid.
