The RBI’s 2025 guidelines require certain foreign banks to operate in India only via wholly owned subsidiaries to strengthen local governance, depositor protection, and financial stability.
RBI mandates rules for internet and mobile banking, ensuring banks meet regulatory, technological, and customer protection standards before launching digital channels.
SEBI updates mutual fund distributor commission structure to encourage onboarding of new investors from B-30 cities and women, promoting financial inclusion.
The company and officers were penalized for errors in PAS-3 e-form filing during loan-to-equity conversion, highlighting the importance of accurate procedural compliance under the Companies Act.
Explores IFSCA’s draft guidelines requiring MIIs to strengthen governance, access controls, network security, and cyber resilience. Highlights the need for advanced safeguards due to systemic market risks.
The CBI arrests ITAT officials and an advocate in Jaipur for bribery, seizing over Rs. 1 crore and exposing an organized network settling appeals for cash.
IRDAI flagged a life insurer for allowing executive management to fix statutory auditor fees, risking conflict of interest. Corrective action was implemented and a warning issued.
The circular clarifies REF usage for legal enforcement in case of defaults, allowing trustees to reimburse specified expenses without prior holder approval. It improves operational efficiency and investor protection.
Issuers must now submit security and financial reports on quarterly, semi-annual, annual, and three-year timelines. The move improves due diligence and investor protection in debt markets.
Delhi ITAT cancels ₹22 crore tax addition based solely on WhatsApp chats from another phone, reaffirming privacy protections and limited evidentiary value of digital messages.
