RBI Circular Notification Press Release and Instructions issued by Reserve bank of India. News and Article on provisions, Rate changes, Policy changes and FAQ
Fema / RBI : Explains RBI's cancellation of 135 NBFC registrations under Section 45-IA, the SBR framework, cancellation grounds and the regulat...
Fema / RBI : RBI's draft guidance highlights Board oversight, data governance and accountability as key foundations for responsible AI adoption...
Fema / RBI : Know the FLA Return filing requirement under FEMA, due date, FLAIR portal process, reporting rules, revisions and key compliance r...
Fema / RBI : FEMA Compounding Rules, 2024, RBI Directions and April 2025 amendments revise compounding, digital filing, jurisdictional limits a...
Fema / RBI : Explains NRI and resident status under FEMA, Section 3 restrictions, current and capital account transactions, and examples of per...
Fema / RBI : RBI has clarified reporting requirements, valuation methods, submission procedures, and entity obligations under the Portfolio Inv...
Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...
Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...
Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...
Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...
Fema / RBI : Bombay HC permitted withdrawal of wilful defaulter orders and directed fresh proceedings after disclosure of relevant material, pe...
Fema / RBI : Calcutta HC permitted the borrower to file a fresh RBI Ombudsman complaint in the prescribed format and directed its consideration...
Fema / RBI : Calcutta HC directed completion of liquidation of 32 banking companies within six months with periodic reporting to RBI....
Fema / RBI : The Karnataka High Court upheld the Appellate Tribunal's finding that the respondents satisfied the definition of person resident ...
Fema / RBI : The key issue was whether cash falls within the definition of property under the PBPT Act. The Tribunal ruled that cash is a tangi...
Fema / RBI : RBI released draft data governance guidance for regulated entities, inviting comments by August 17, 2026, on governance, data qual...
Fema / RBI : RBI consolidates SRVA instructions, supersedes earlier circulars, permits FEMA transactions through SRVAs, and updates reporting w...
Fema / RBI : RBI amends Local Area Bank Directions on SNFA income recognition, reversal of unrealised income and accounting treatment, effectiv...
Fema / RBI : RBI amends RRB income recognition norms for SNFAs, prescribing treatment of unrealised income and realised receipts from October 1...
Fema / RBI : RBI amends income recognition norms for SNFAs, requiring reversal of unrealised income and prescribing accounting treatment from O...
The issue was whether properties purchased using company funds could escape benami classification. The Tribunal held that unexplained sources and cash routing justified treating transactions as benami.
The Tribunal ruled that transactions predating the alleged crime cannot be treated as proceeds of crime without a clear link. It set aside most attachments due to absence of foundational evidence. The decision reinforces the necessity of establishing a direct nexus under PMLA.
The issue was whether properties unconnected to crime could be attached under PMLA. The Tribunal held that equivalent value assets can be attached when proceeds of crime are untraceable.
The Tribunal ruled that taxation of income does not negate its use in benami transactions. Even disclosed or assessed income can form part of a benami arrangement. The judgment clarifies the independent scope of benami law.
The issue was whether property not directly linked to crime could be attached. The Tribunal held that attachment of equivalent value is valid when proceeds of crime are untraceable.
The issue was cancellation of GST registration without recording reasons or granting a hearing. The Court held such orders violate due process and remanded the matter for fresh adjudication.
The Tribunal held that once allegations of money laundering are established, the burden shifts to the accused. Failure to prove legitimate income led to continuation of freezing and seizure.
The Tribunal examined whether lack of notice violated natural justice in attachment proceedings. It held that proper service was proven and the appellant cannot claim denial of hearing after failing to participate.
The issue was whether exporters took reasonable steps to realise overseas payments. The Tribunal held that lack of documentary proof and recovery action justified penalties under FEMA.
The issue involved recall of orders passed after the respondent failed to attend hearings. The Tribunal ruled that continued absence despite ample chances showed negligence, and recall relief could not be granted.
