Rural Co-operative Banks can now recognise income on accrual basis for Standard assets, but must follow cash basis for non-Standard loans and reverse unrealised income on NPA classification.
The RBI has amended IRACP norms to permit NBFCs to factor in Default Loss Guarantee arrangements while computing Expected Credit Loss, subject to IndAS conditions. The changes apply immediately.
The amendment sets a 40% aggregate CME ceiling and a 20% cap on direct investments. It strengthens prudential controls over market-linked exposures and intra-day risk management.
Jharkhand Gramin Bank has announced empanelment of retired Scale II–V officers for contractual concurrent audit roles. The engagement is for three years with defined eligibility conditions, remuneration options, and region-wise postings across Jharkhand.
ICAI has introduced a mandatory registration framework for Global Networks between Indian CA entities and overseas firms. The Guidelines define compliance, ethical safeguards, reporting norms, and oversight mechanisms for cross-border professional collaboration.
The amendment sets mandatory measuring ranges and maximum permissible error limits for continuous clinical thermometers. Manufacturers must meet defined technical, safety, and calibration standards.
The RBI has withdrawn its 2021 circular on grievance redress mechanisms following updated disclosure norms and enhanced ombudsman compensation powers. Banks must still maintain robust grievance systems under existing regulations.
The authority amended its July 2025 notification to appoint additional officers for Fortified Rice Kernel regulation. The move strengthens statutory oversight under the Food Safety and Standards Act, 2006.
The MCA has revised the list of Regional Directors exercising delegated powers under Section 458. The updated structure takes effect from 16 February 2026.
The Ministry of Corporate Affairs has amended its 2018 notification to revise and expand the list of Regional Directors. The updated framework takes effect from 16 February 2026.
