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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 255 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 2298 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 426 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 1848 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 1278 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 231 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 249 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 213 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 225 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 135 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 438 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 294 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 267 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 372 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 348 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 144 Views 0 comment Print


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

February 12, 2026 1311 Views 0 comment Print

The RBI has consolidated KCC guidelines under new 2026 Master Directions, introducing a six-year composite credit structure. Drawing limits are aligned with Scale of Finance and include additional components for technology and maintenance.

RBI Revised Kisan Credit Card (KCC) Scheme

February 12, 2026 1221 Views 0 comment Print

The RBI has issued draft guidelines extending the Kisan Credit Card tenure to six years and aligning drawing limits with actual cultivation costs. The proposal also standardizes crop seasons and expands eligible expenses for farmers.

Draft RBI (Rural Co-operative Banks – Undertaking of Financial Services) Amendment Directions, 2026

February 12, 2026 342 Views 0 comment Print

The draft amendment requires Rural Co-operative Banks to undertake insurance business strictly on a fee basis without risk participation. Compliance with Responsible Business Conduct and IRDAI norms is mandatory.

Draft RBI (Urban Co-operative Banks – Undertaking of Financial Services) Amendment Directions, 2026

February 12, 2026 390 Views 0 comment Print

RBI has proposed amendments requiring Urban Co-operative Banks to conduct mutual fund and insurance business strictly on a fee basis without risk participation. Compliance with SEBI, IRDAI, and Responsible Business Conduct norms is mandatory. The changes strengthen transparency and customer protection.

Draft RBI (Regional Rural Banks – Undertaking of Financial Services) Amendment Directions, 2026

February 12, 2026 267 Views 0 comment Print

The draft directions permit RRBs to market mutual funds and insurance products on a fee basis without risk participation, subject to SEBI and IRDAI compliance.

RBI Issues Draft Amendment Directions for ‘Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents’

February 12, 2026 429 Views 0 comment Print

RBI has issued draft amendment directions to standardise borrower treatment and recovery agent conduct across banks, NBFCs, and financial institutions. The move expands responsible business norms beyond select entities.

Draft RBI (Payments Banks – Undertaking of Financial Services) Amendment Directions, 2026

February 12, 2026 267 Views 0 comment Print

The draft directions allow Payments Banks to deal only in regulated financial products under agency arrangements and mandate compliance with responsible conduct norms.

Draft RBI (Small Finance Banks – Undertaking of Financial Services) Amendment Directions, 2026

February 12, 2026 240 Views 0 comment Print

RBI has proposed amendments allowing Small Finance Banks to deal only in regulated financial products under agency arrangements. Referral income is limited to a one-time fee.

Draft RBI (Commercial Banks – Undertaking of Financial Services) Amendment Directions, 2026

February 12, 2026 591 Views 0 comment Print

RBI has proposed amendments restricting banks to regulated financial products and mandating fee-based, no-risk agency arrangements. Referral services must remain purely advisory with strict disclosures.

RBI Clarifies Downstream Investment Rules for FOCCs Under FEMA

February 12, 2026 2511 Views 0 comment Print

The updated Master Direction aligns downstream investments with direct FDI norms. Share swaps, deferred consideration, and rights issues now have clearer regulatory guidance.

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