The Bill updates the Manipur GST Act to mirror amendments made to the Central GST Act through the Finance Act, 2025. It ensures uniformity across GST laws and replaces the earlier Ordinance.
The RBI introduces a detailed compliance framework for Payments Banks undertaking financial services. The update reinforces customer protection, risk controls, and strict limits on agency and referral activities.
RBI introduces a comprehensive governance rulebook strengthening board structure, director eligibility, risk oversight, and compliance standards for Payments Banks. The framework enhances accountability and reduces governance risks.
RBI issued detailed 2025 Directions mandating stricter CRR and SLR maintenance, updated NDTL computation, and enhanced reporting duties for Payments Banks. The framework reinforces liquidity discipline and imposes penalties for non-compliance.
The RBI amends rules on exporting and importing currency to Nepal and Bhutan, capping Indian notes above ₹100 at ₹25,000 for travelers, simplifying cross-border currency movement.
The RBI’s 2025 directions set comprehensive rules for small finance banks, covering loan pricing, MCLR, external benchmarks, and microfinance interest rates to ensure transparency.
The RBI has issued comprehensive directions governing credit facilities of NBFCs. The framework consolidates prudential norms, borrower protection, and digital lending safeguards.
This title emphasizes the detailed rules governing standard and stressed loan transfers, including mandatory use of Swiss Challenge auctions. The framework ensures fair price discovery, clear responsibilities, and prevention of undue risk assumptions by SFBs.
The RBI has consolidated and strengthened norms for NBFCs accepting public deposits, prescribing stricter eligibility, liquidity, and disclosure requirements. The key takeaway is enhanced depositor protection through tighter prudential and operational controls.
The RBI has introduced a comprehensive framework capping single-borrower and group exposures while mandating stricter provisioning for large borrowers. The Directions aim to ensure strong risk diversification and protect SFBs from concentrated credit vulnerabilities.
