SEBI issued clarifications after revised PAN application forms under the Income-tax Rules, 2026 created compliance challenges for Foreign Portfolio Investors. The relaxations simplify documentation and ease PAN allotment procedures for FPIs.
RBI revoked the licence of a Mumbai-based co-operative bank after finding inadequate capital, poor earning prospects, and non-compliance with Banking Regulation Act provisions. The decision aims to protect depositors and safeguard public interest.
RBI issued draft directions governing acquisition and treatment of specified non-financial assets acquired during recovery of non-performing loans. The framework introduces valuation, disclosure, and disposal requirements for regulated entities.
The data highlights a sharp increase in GST collections driven by import-related IGST. It confirms strong revenue performance and improved tax buoyancy.
The RBI confirmed that nearly all ₹2000 banknotes have been returned since the 2023 withdrawal announcement. With only a small fraction remaining in circulation, the process is nearing completion. The update highlights the effectiveness of the phased withdrawal strategy.
SEBI streamlined the PPM approval process to address delays in launching AIF schemes. The new mechanism allows quicker market entry while shifting disclosure responsibility to intermediaries.
SEBI introduced PaRRVA to ensure verified reporting of risk and return metrics by regulated entities. The framework restricts unverified performance claims and strengthens investor protection.
IBBI has extended the last date for stakeholder comments on key insolvency discussion papers. The move allows more time for feedback while keeping submission conditions unchanged.
The event underscored that increasing retail participation must be matched with stronger investor awareness and safeguards. It emphasized evolving investor protection into a developmental function.
The case addresses cancellation of a banking licence for non-compliance with statutory conditions. The regulator held that continued operations were against depositor and public interest.
