The regulator upheld the merger of Scheme A with larger asset classes citing its small corpus and concentration risk. The move improves diversification, stability, and long-term retirement outcomes for subscribers.
The Bill allows full foreign ownership in insurance companies to attract capital and expertise. It signals a major policy shift aimed at accelerating sectoral expansion while retaining regulatory safeguards.
The 2025 amendments revise exit, withdrawal, and annuity norms across NPS categories. Clear thresholds and deferment options up to age 85 are introduced for subscribers.
RBI amends CRR and SLR reporting periods for Local Area Banks, introducing calendar-based fortnights and electronic submission of Form A and Form VIII returns.
The amendment directs payments banks to enforce account usage limits, monitor transactions biannually, and prevent pass-through or unauthorized activities, effective April 2026.
A company and its directors avoided penalties for late filing of financial statements after submitting them within thirty days of the show-cause notice, demonstrating compliance relief under Section 454(3).
A company and its directors were exempted from penalties for late filing of financial statements after rectifying the default within thirty days, highlighting the protective provision under Section 454(3).
A company and its director were penalised for failing to mention directors’ DINs in financial statements, highlighting the importance of accurate statutory disclosures under Section 158.
A company and its directors were penalised under the Companies Act for failing to hold a quarterly board meeting within the prescribed 120-day period, highlighting strict enforcement of Section 173 compliance.
The 2025 amendment introduces the term “ineligible director” and prescribes a drawing-of-lots method for board reconstitution, clarifying removal and succession procedures in co-operative banks.
