The Reserve Bank of India revised prudential norms on counterparty credit risk for Small Finance Banks. The amendment updates add-on factors and exposure treatment to align with international capital adequacy practices.
RBI’s 2026 amendment clarifies the computation of Owned Funds and specifies that Tier 1 capital for concentration norms must be determined using the latest audited or reviewed financial statements.
RBI’s 2026 amendment allows Core Investment Companies to include audited quarterly profits in Owned Funds, subject to dividend adjustments and statutory auditor review.
RBI amended the Housing Finance Companies Directions, 2026 to clarify how Owned Fund should be calculated. The amendment allows inclusion of audited quarterly profits subject to dividend adjustments and auditor review.
The amendment explains how quarterly profits, dividend adjustments, and current-year losses must be treated in owned fund calculations.
The MCA amended AS 22 to incorporate provisions related to OECD Pillar Two global minimum tax rules. The amendment exempts companies from recognising deferred tax assets or liabilities linked to Pillar Two income taxes.
New FSSAI regulations expand the definition of petty food business operators to include street vendors, hawkers, and food trucks. Vendors registered under the Street Vendors Act will be deemed registered under food safety law.
The amendment aligns Tier 1 capital and owned fund definitions with capital adequacy norms and requires auditor certification before counting additional capital for exposure limits.
SEBI released a corrigendum correcting the enabling provisions and clause numbering in its January 2026 notification amending the LODR Regulations. The correction clarifies the statutory powers and technical drafting errors.
The amendment extends the deadline for settling tax arrears from 31 December 2025 to 31 March 2026, giving taxpayers additional time to avail benefits. This move aims to increase participation and ease pending tax disputes under the scheme.
