The RBI has updated the regulatory framework governing agency and referral activities of Regional Rural Banks, emphasizing customer protection, transparency, and responsible business practices.
The RBI has updated the regulatory framework governing agency and referral arrangements of Rural Co-operative Banks. The amendments stress customer protection, responsible conduct, and fee-based operations without risk participation.
The RBI has revised the framework governing agency and referral businesses undertaken by UCBs. The amendments focus on responsible conduct, transparency, and enhanced customer safeguards.
RBI has simplified the regulatory framework for NBFCs undertaking agency business by removing prior approval requirements in certain cases. The key takeaway is that easier market access now comes with stricter conduct and customer protection obligations.
The RBI has consolidated key regulations governing payment system operators into a single master framework. The Directions introduce perpetual authorisation, stricter eligibility norms, and enhanced compliance requirements.
CBIC has amended Notification No. 08/2026-Central Excise to revise the SAED rate on ATF exports outside India to Rs. 12.5 per litre from June 16, 2026.
CBIC has amended Notification No. 06/2026-Central Excise to revise the SAED rate on diesel exports outside India to Rs. 14 per litre from June 16, 2026.
IBBI has prescribed detailed valuation guidelines mandating standardized reporting, documentation, and asset-specific formats under the IBC. The move aims to improve consistency, credibility, and value maximisation in insolvency proceedings.
IFSCA removed the minimum net worth requirement for eligible SEZ units and expanded access to Qualified Jeweller status. The amendment aims to facilitate bullion imports through IIBX while promoting export growth and maintaining regulatory safeguards.
CBIC clarified that accredited laboratory reports submitted by exporters should be accepted without compulsory referral to CRCL in routine cases. The key takeaway is that exporters can benefit from faster customs clearance where no risk concerns exist.
