The government has notified an electricity regulatory authority as eligible for tax exemption under section 10(46A), clarifying its status as a statutory body and the conditions for continued benefit.
The regulator has reconstituted its Pension Advisory Committee with effect from January 5, 2026. The new panel includes government officials, industry leaders, and pension experts.
The amendment mandates a minimum of two independent experts from relevant fields, strengthening oversight and expertise in performance reviews.
The amendment updates who can promote Lloyd’s service companies in IFSCs. It broadens eligibility while retaining regulatory conditions under the insurance registration framework.
The amendment deletes an existing regulation and makes a corresponding change in the Second Schedule. This clarifies which compliance provisions continue to apply to service providers.
The amendment directions comprehensively redefine related parties and tighten governance around loans to insiders. Banks must follow stricter limits, approvals, and monitoring to prevent conflicts of interest and concentration risk.
The amended directions introduce stricter definitions, prohibitions, and Board-level controls over related party lending by Small Finance Banks. Asset-based thresholds, recusal norms, and strong enforcement measures aim to curb conflicts of interest from April 2026.
The regulator has overhauled credit risk norms for Local Area Banks by redefining related parties and imposing stricter limits and approvals. The key takeaway is stronger governance and reduced conflict-of-interest risk in bank lending.
The amended directions introduce strict governance, approval thresholds, and monitoring mechanisms for loans to related parties. The key takeaway is stronger board oversight and reduced scope for conflicts of interest in RRB lending.
The regulator has overhauled credit risk rules to curb conflicts of interest in lending. Clear definitions, Board approvals, and materiality thresholds now govern related-party exposures.
