ROC Delhi penalised the company and officers for submitting FY 2022-23 financials without the Company Secretary’s signature, highlighting Section 134 compliance requirements and corporate governance obligations.
ROC Chennai imposed reduced penalties after a company failed to disclose PAN and email IDs of allottees in a private placement return. The order holds the lapse a Rule 14(6) violation punishable under Section 450, with relief granted under Section 446B.
Explains the 2025 RBI directions consolidating rules on ethical practices, customer service, and fair treatment in Small Finance Banks.
RBI introduces a comprehensive framework governing issuance, conduct, security, and co-branding of debit cards by Payments Banks. The Directions strengthen customer protection, transparency, and operational discipline.
Explains the 2025 RBI directions mandating stricter customer identification and transaction monitoring to combat money laundering and terrorist financing.
The RBI introduces strict standards on risk retention, liquidity facilities, and accounting treatment for securitised assets. It restricts SFBs to acting only as originators and mandates stronger disclosure and governance norms. The move aims to curb implicit support and enhance prudential discipline.
RBI Directions promote diversified ownership and limit concentration of control. Detailed application, due diligence, and compliance reporting safeguard the banking sector from financial and governance risks.
RBI’s 2025 Directions establish a clear framework for voluntary amalgamation of UCBs, focusing on depositor protection, capital adequacy, and regulatory approval.
RBI introduces a comprehensive framework mandating uniform, transparent, and non-negotiable interest rates for Payments Banks. The Directions clarify rules for savings deposits, prohibit inducements, and repeal earlier guidelines.
RBI introduces flexible on-tap licensing for Small Finance Banks to boost financial inclusion, regulate promoters, and ensure robust banking operations.
