Fema / RBI : RBI has reiterated that software and ITES exporters must submit the annual survey based on the previous financial year. The guidel...
Fema / RBI : RBI requires mutual funds to report foreign liabilities and assets annually for compilation of Balance of Payments and Internation...
Fema / RBI : RBI’s 2026 amendments impose a mandatory three-year cooling-off period after directors complete ten years on co-operative bank b...
Fema / RBI : The requirement applies if foreign assets or liabilities exist as of 31 March, even without fresh transactions. The rule ensures d...
Fema / RBI : RBI has standardized the 90-day NPA classification rule across all NBFC categories, including NBFC-BL entities, effective 31 March...
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 : Reimbursement of interim payments from insured banks in priority to other liabilities was a valid exercise of legislative competen...
Fema / RBI : The Court held that rejection of NBFC registration surrender solely due to meeting PBC was unsustainable without giving an opportu...
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 : RBI has reiterated that old series banknotes issued before 2005 remain legal tender but should not be re-issued by banks. The circ...
Fema / RBI : The RBI has consolidated all directions relating to the withdrawal of ₹2000 banknotes from circulation. The circular reiterates ...
Fema / RBI : RBI has exempted eligible FCNR(B) deposits from CRR and SLR requirements until September 30, 2026. The measure is aimed at attract...
Fema / RBI : RBI has exempted fresh FCNR(B) deposits mobilized between June 8 and September 30, 2026 from CRR and SLR requirements. The move ai...
Fema / RBI : RBI has exempted eligible FCNR(B) deposits from CRR and SLR requirements for urban co-operative banks. The move aims to attract fo...
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.
On February 17, 2026, the Reserve Bank of India released draft Directions on Foreign Exchange Dealings of Authorised Persons for public consultation, inviting comments until March 10, 2026. The draft, issued under FEMA, 1999 and the RBI Act, aims to refine and modernise the regulatory framework governing Authorised Dealers (AD Category-I banks and AD Category-III […]
