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Draft RBI (Urban Co-operative Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 315 Views 0 comment Print

The draft directions require UCBs to obtain clear, unbundled customer consent before selling financial products. The move enhances customer autonomy and safeguards against unfair practices.

Draft RBI (Payments Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 336 Views 0 comment Print

RBIs draft 2026 amendment directions prohibit dark patterns, compulsory bundling and deceptive marketing by Payments Banks. The key takeaway is stronger customer consent and protection standards.

Draft RBI (Non-Banking Financial Companies – Undertaking of Financial Services) Amendment Directions, 2026

February 12, 2026 843 Views 0 comment Print

The new framework removes prior approval requirements while strengthening conduct and disclosure obligations. Customer protection norms are consolidated under Responsible Business Conduct Directions.

ICAI Signs MoU with Art of Living to Promote Holistic Well-Being of Members & Students

February 11, 2026 486 Views 0 comment Print

ICAI has partnered with The Art of Living to integrate stress management, value-based education, and wellness initiatives for Chartered Accountants and students. The initiative aims to strengthen ethical values and professional resilience.

IndiaAI Mission Powers Affordable Compute and National AI Stack

February 11, 2026 555 Views 0 comment Print

India expands affordable AI access through subsidised compute, national datasets, and large-scale infrastructure. The initiative aims to make AI innovation accessible to startups, researchers, and public institutions.

ROC Imposes Penalty for Violation of Registered Office Compliance Under Section 12

February 11, 2026 429 Views 0 comment Print

The Registrar of Companies penalised the company and its directors for non-compliance with Section 12 after official communication was returned undelivered. The violation was treated as a one-time offence under Section 12(8).

Backdated Whole-Time Director Appointment: ROC imposes Penalty

February 10, 2026 660 Views 0 comment Print

ROC Kolkata imposed penalties after a Whole-time Director appointment was made effective before passing the Board resolution. The five-day contravention triggered action under Section 450.

AGM Held Before Secretarial Audit? ROC Orders ₹2 Lakh Penalty

February 10, 2026 372 Views 0 comment Print

The authority found that approving financial statements before obtaining the Secretarial Audit Report contravened statutory requirements. A monetary penalty was imposed with compliance directions.

FSSAI Notifies 85 New Food Safety Officers for Fortified Rice Enforcement

February 10, 2026 423 Views 0 comment Print

The authority amended its July 2025 notification to appoint additional officers for Fortified Rice Kernel regulation. The move strengthens statutory oversight under the Food Safety and Standards Act, 2006.

RTI on Insolvency Proceedings Dismissed as Regulator Not Required to Create Records

February 9, 2026 249 Views 0 comment Print

Information linked to verification of resolution plans was held exempt due to fiduciary relationship, reinforcing limits on RTI disclosures.

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