The new Directions mandate a single holding company structure for banks and group financial entities. They aim to prevent contagion risks and strengthen consolidated supervision.
Mandatory board-approved policies, diversification limits, and alignment with group risk frameworks are prescribed. The decision underscores heightened governance expectations.
The issue was fragmented and overlapping NBFC instructions. RBI consolidated them into a single framework, simplifying compliance while retaining safeguards for investors and depositors.
ROC Delhi penalised the company and officers for submitting FY 2022-23 financials without the Company Secretary’s signature, highlighting Section 134 compliance requirements and corporate governance obligations.
ROC Chennai imposed reduced penalties after a company failed to disclose PAN and email IDs of allottees in a private placement return. The order holds the lapse a Rule 14(6) violation punishable under Section 450, with relief granted under Section 446B.
RBI mandates uniform reporting formats, fortnightly data updates, and SHG member reporting for Small Finance Banks to improve credit information accuracy and consumer protection.
RBI introduces comprehensive 2025 Directions revising CRR and SLR norms for Small Finance Banks, including phased CRR rates, clarified NDTL rules, and updated eligible assets. The framework strengthens liquidity discipline and regulatory reporting.
The RBI’s 2025 Directions set prudential exposure limits to mitigate risks from large exposures to single borrowers or groups. Banks must ensure diversification and report significant exposures above 10% of Tier I capital.
ROC Chennai imposed penalties after a company failed to disclose PAN of allottees in a private placement return. The ruling confirms that omissions under Rule 14(6) attract Section 450 penalties, even for voluntary reporting.
The CBDT has initiated its second NUDGE campaign, sending reminders to taxpayers with undisclosed foreign assets to ensure accurate reporting and avoid penalties.
