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 RBI has updated Form ECB 1 and Form ECB 2 under the revised External Commercial Borrowing framework. Authorised Persons must comply with the new reporting formats with immediate effect.
The central bank has made UTI generation compulsory for all OTC derivative transactions reported in India from January 1, 2027. The move aims to enhance transparency, global harmonisation, and lifecycle tracking of derivative contracts.
Draft amendment requires HFCs to follow responsible business conduct norms applicable to NBFCs for loan recovery and recovery agents. Existing Fair Practices Code provisions are set to be replaced.
The draft amendment introduces detailed norms on recovery agents, borrower treatment, and grievance redressal. Harsh practices and coercive recovery methods are expressly prohibited.
The proposed amendment introduces strict conduct standards for recovery agents and borrower interaction. Harsh practices and coercive methods are expressly prohibited.
The proposed amendment introduces strict conduct standards for recovery agents and borrower interaction. Harsh recovery practices and coercive methods are expressly prohibited.
The amendments create a comprehensive framework governing recovery conduct and engagement of recovery agents by UCBs. The key takeaway is enhanced borrower protection and stronger regulatory oversight.
The draft amendments introduce a structured framework governing recovery conduct and engagement of recovery agents by RRBs. The key takeaway is stronger borrower protection and stricter compliance obligations for banks.
The draft amendments introduce comprehensive rules governing recovery conduct and engagement of recovery agents by Local Area Banks. The framework mandates due diligence, borrower protection safeguards, and strict prohibition of harsh recovery practices.
RBI mandates formal training and certification for recovery agents before engagement. The move strengthens accountability and professional standards in debt recovery.
