Fema / RBI : RBI plans to ease registration norms for low-risk NBFCs to reduce compliance burden. The move aims to encourage innovation while m...
CA, CS, CMA : CBDT corrected multiple ITR forms to fix structural and computational errors. The update ensures accurate tax reporting and reduce...
Fema / RBI : The issue concerns liability in unauthorised digital transactions. The ruling insight highlights that absence of a clear definitio...
Fema / RBI : The RBI maintained key policy rates unchanged, signaling confidence in economic stability and controlled inflation. The decision r...
CA, CS, CMA : The latest amendments aim to simplify compliance and promote investment while reducing penalties. The update signals a major shift...
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 : The Reserve Bank of India has proposed a clear 5% IFR requirement for rural co-operative banks’ current investments. This change...
Fema / RBI : The court held that failure to apply Clause 3(d) of the RBI Master Circular invalidated the wilful defaulter declaration. Non-Exec...
Corporate Law : The court held that Ombudsman’s finding of customer negligence was unsustainable and directed bank to refund disputed amount. Th...
Corporate Law : Court ruled that protections under the RBI Circular apply only to third-party breaches and cannot be invoked to recast personal tr...
Fema / RBI : Rajasthan High Court stays a ₹7 crore deposit for Tijaria Polypipes' OTS, directing Bank of India to comply with RBI circulars a...
Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...
Fema / RBI : The issue involved restrictive branch approval requirements for NBFCs. RBI removed prior approval norms, allowing easier expansion...
Fema / RBI : The RBI proposes replacing the existing dual methodology with a single asset-based criterion for identifying NBFC-UL entities. The...
Fema / RBI : The discussion paper addresses increasing APP frauds and proposes preventive safeguards like transaction delays and authentication...
Fema / RBI : The issue was fragmented regulations on NRI debt investments. RBI consolidated and updated directions to streamline compliance und...
Fema / RBI : RBI has designated Union Bank of India as the Lead Bank for Polavaram and Markapuram districts. The move ensures smooth banking co...
The amendment revises CCR treatment and add-on factors for off-balance sheet exposures, aligning prudential norms for payments banks with international regulatory standards.
RBI revised prudential norms requiring financial institutions to include consolidated counterparty credit risk exposures and follow updated add-on factors for derivatives and off-balance sheet items.
RBIs draft amendment introduces stronger customer protection rules for electronic banking fraud in rural co-operative banks. Customers may get zero liability or compensation for small-value frauds if reported promptly.
Urban Co-operative Banks must send instant SMS alerts for transactions exceeding ₹500 and email alerts wherever available. The rule aims to help customers quickly detect and report unauthorised transactions.
RBI’s draft amendment strengthens customer protection by shifting the burden of proving negligence to Regional Rural Banks. It mandates fraud detection systems, transaction alerts, and structured grievance mechanisms.
RBI’s draft amendment strengthens customer protection in electronic banking transactions handled by Local Area Banks. It places the burden of proving customer negligence on banks and mandates fraud detection systems and alerts.
RBI’s draft amendment strengthens customer protection by placing the burden of proving negligence on Payments Banks in unauthorised electronic transactions. The framework introduces fraud detection systems, alerts, and grievance mechanisms.
The draft directions introduce a comprehensive framework defining authorised transactions, bank negligence, and third-party breaches in digital payments. Customers may receive zero liability where banks fail to ensure security or where fraud is reported promptly.
The RBI’s draft amendment proposes stronger customer protection in electronic banking transactions by placing the burden of proving liability on banks. It introduces detailed definitions of authorised and unauthorised transactions, along with mandatory fraud reporting mechanisms and alerts.
RBI’s draft directions introduce stronger customer protection for electronic banking fraud, including both unauthorized and authorised-but-fraudulent transactions. The new framework shifts the burden of proof to banks and introduces a compensation mechanism.
