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RBI’s NBFC Exemption: Unlocking a Surge of Specialized Lenders?

Fema / RBI : RBI plans to ease registration norms for low-risk NBFCs to reduce compliance burden. The move aims to encourage innovation while m...

April 13, 2026 261 Views 0 comment Print

Analysis of Notifications and Circulars for Week Ending 12th April 2026

CA, CS, CMA : CBDT corrected multiple ITR forms to fix structural and computational errors. The update ensures accurate tax reporting and reduce...

April 13, 2026 2307 Views 0 comment Print

Bank Liability in Digital Payment Fraud: Is India’s Legal Framework Adequate?

Fema / RBI : The issue concerns liability in unauthorised digital transactions. The ruling insight highlights that absence of a clear definitio...

April 10, 2026 435 Views 0 comment Print

RBI Monetary Policy April 2026 – Key Rates and Measures

Fema / RBI : The RBI maintained key policy rates unchanged, signaling confidence in economic stability and controlled inflation. The decision r...

April 9, 2026 1875 Views 0 comment Print

Analysis of Notifications and Circulars for Week Ending 5th April 2026

CA, CS, CMA : The latest amendments aim to simplify compliance and promote investment while reducing penalties. The update signals a major shift...

April 9, 2026 1293 Views 0 comment Print


Latest News


Draft RBI (Local Area Banks – Financial Statements: Presentation and Disclosures) Third Amendment Directions, 2026

Fema / RBI : The amendment redefines revenue reserves by excluding provisions for liabilities and depreciation. This ensures clearer classifica...

April 9, 2026 237 Views 0 comment Print

Draft RBI (Commercial Banks – Financial Statements: Presentation and Disclosures) Sixth Amendment Directions, 2026

Fema / RBI : RBI revises the definition of revenue reserves to exclude provisions and liabilities. The change enhances transparency and consist...

April 9, 2026 255 Views 0 comment Print

Draft RBI (Commercial Banks – Prudential Norms on Capital Adequacy) Fifth Amendment Directions, 2026

Fema / RBI : The Reserve Bank of India has removed a key provision from capital adequacy norms to ensure consistency with updated investment ru...

April 9, 2026 222 Views 0 comment Print

Draft RBI (Regional Rural Banks – Classification, Valuation, and Operation of Investment Portfolio) Amendment Directions, 2026

Fema / RBI : RBI introduces annual IFR assessment instead of continuous compliance for RRBs. The change reduces operational burden while mainta...

April 9, 2026 231 Views 0 comment Print

Draft RBI (Rural Co-operative Banks – Classification, Valuation & Operation of Investment Portfolio) Amendment Directions, 2026

Fema / RBI : The Reserve Bank of India has proposed a clear 5% IFR requirement for rural co-operative banks’ current investments. This change...

April 9, 2026 138 Views 0 comment Print


Latest Judiciary


Calcutta HC Quashed Wilful Defaulter Tag for Non-Executive Director Due to RBI Clause Breach

Fema / RBI : The court held that failure to apply Clause 3(d) of the RBI Master Circular invalidated the wilful defaulter declaration. Non-Exec...

January 19, 2026 441 Views 0 comment Print

Banks Cannot Rely on Assumed Negligence in Cyber Fraud Cases: HC Directs Refund to Customer

Corporate Law : The court held that Ombudsman’s finding of customer negligence was unsustainable and directed bank to refund disputed amount. Th...

December 8, 2025 897 Views 0 comment Print

No Relief Under RBI Cyber-Fraud Circular When Customer Negligence Is Established: Allahabad HC

Corporate Law : Court ruled that protections under the RBI Circular apply only to third-party breaches and cannot be invoked to recast personal tr...

December 8, 2025 753 Views 0 comment Print

Rajasthan HC Stays ₹7 Cr Deposit Over RBI OTS Non-Compliance

Fema / RBI : Rajasthan High Court stays a ₹7 crore deposit for Tijaria Polypipes' OTS, directing Bank of India to comply with RBI circulars a...

July 18, 2025 492 Views 1 comment Print

RBI asks NBFCs to stick to Rs 20,000 cash loan pay-out limit

Fema / RBI : RBI directs NBFCs to adhere to a Rs 20,000 cash loan disbursement limit, aiming to regulate cash transactions and enforce complian...

May 21, 2024 2217 Views 0 comment Print


Latest Notifications


RBI (Non-Banking Financial Companies – Branch Authorisation) Amendment Directions, 2026

Fema / RBI : The issue involved restrictive branch approval requirements for NBFCs. RBI removed prior approval norms, allowing easier expansion...

April 15, 2026 303 Views 0 comment Print

RBI Invites Comments on Draft Directions for NBFC-UL Identification & Govt NBFC Inclusion

Fema / RBI : The RBI proposes replacing the existing dual methodology with a single asset-based criterion for identifying NBFC-UL entities. The...

April 11, 2026 276 Views 0 comment Print

RBI Seeks Public Comments on Digital Payment Fraud Safeguards Paper

Fema / RBI : The discussion paper addresses increasing APP frauds and proposes preventive safeguards like transaction delays and authentication...

April 11, 2026 381 Views 0 comment Print

Master Direction – RBI (Non-resident Investment in Debt Instruments) Directions, 2025 – amendment

Fema / RBI : The issue was fragmented regulations on NRI debt investments. RBI consolidated and updated directions to streamline compliance und...

April 11, 2026 354 Views 0 comment Print

RBI Assigns Lead Bank Roles for Andhra Pradesh Districts of Polavaram & Markapuram

Fema / RBI : RBI has designated Union Bank of India as the Lead Bank for Polavaram and Markapuram districts. The move ensures smooth banking co...

April 11, 2026 150 Views 0 comment Print


Draft RBI (Rural Co-operative Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 294 Views 0 comment Print

The RBI has proposed new Responsible Business Conduct amendments requiring Rural Co-operative Banks to curb mis-selling, compulsory bundling, and deceptive digital practices. The draft Directions mandate explicit consent, product suitability checks, and customer compensation mechanisms.

Draft RBI (Urban Co-operative Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 315 Views 0 comment Print

The draft directions require UCBs to obtain clear, unbundled customer consent before selling financial products. The move enhances customer autonomy and safeguards against unfair practices.

Draft RBI (Regional Rural Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 234 Views 0 comment Print

RBI’s 2026 draft amendments prohibit compulsory bundling, mis-selling, and deceptive digital design by Regional Rural Banks. The framework mandates explicit consent, transparency, and customer compensation safeguards.

Draft RBI (Local Area Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 312 Views 0 comment Print

The RBI proposes stricter norms prohibiting deceptive design practices, compulsory bundling, and mis-selling. LABs must ensure explicit consent and transparent disclosures.

Draft RBI (Payments Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 339 Views 0 comment Print

RBIs draft 2026 amendment directions prohibit dark patterns, compulsory bundling and deceptive marketing by Payments Banks. The key takeaway is stronger customer consent and protection standards.

Draft RBI (Small Finance Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 249 Views 0 comment Print

The draft Directions prohibit deceptive digital practices and compulsory bundling while mandating explicit consent. SFBs must refund and compensate customers in cases of mis-selling.

Draft RBI (Commercial Banks – Responsible Business Conduct) Amendment Directions, 2026

February 12, 2026 1464 Views 0 comment Print

The RBI has proposed comprehensive amendments requiring banks to prevent mis-selling, compulsory bundling, and deceptive digital “dark patterns.” The draft Directions mandate explicit consent, suitability assessment, and customer compensation in cases of wrongful sales.

Draft- RBI [Regional Rural Banks – Kisan Credit Card (KCC) Scheme] Directions, 2026

February 12, 2026 513 Views 0 comment Print

The draft Directions create a structured six-year composite Kisan Credit Card facility covering crop, allied and investment credit. RRBs must follow standardized norms for limit fixation and renewal.

Draft RBI [Small Finance Banks – Kisan Credit Card (KCC) Scheme] Directions, 2026

February 12, 2026 396 Views 0 comment Print

The draft Directions introduce a six-year composite KCC facility covering crop, allied, and investment credit. Drawing limits are linked to the Scale of Finance with structured percentage add-ons.

Draft RBI (Non-Banking Financial Companies – Undertaking of Financial Services) Amendment Directions, 2026

February 12, 2026 843 Views 0 comment Print

The new framework removes prior approval requirements while strengthening conduct and disclosure obligations. Customer protection norms are consolidated under Responsible Business Conduct Directions.

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