Bringing you the Best Analytical Legal News
Background: Amidst the Corona crisis, PM announced a special economic package with a new resolution. This economic package will serve as an
by Hari Prasad MS*
by Arjun Garg* & Rati Tandon**
Bombay High Court: G.S. Patel, J., while fashioning a workable solution limited to the facts the instant case, ordered that subject to
Delhi High Court: Sanjeev Sachdeva, J. while addressing a petition held that, Classification of Petitioner’s account as Non-Performing Asset could not have been
Supreme Court: The 3-judge bench of Rohinton Fali Nariman, S Ravindra Bhat and V Ramasubramania, JJ has struck down the curb on
The Reserve Bank of India (RBI) has imposed, by an order dated January 31, 2020, a monetary penalty of Rs 2 lakh
RBI Governor launched the “Mobile Aided Note Identifier (MANI)”, a mobile application for aiding visually impaired persons to identify the denomination of
The Reserve Bank of India released on its website, “Guidelines for ‘on tap’ Licensing of Small Finance Banks in the Private Sector”.
The Union Cabinet approved for withdrawing of the International Financial Services Centres Authority, 2019 Bill which was introduced in the Rajya Sabha
Reserve Bank of India (RBI) has, by an order dated July 31, 2019, imposed monetary penalty on seven banks for non-compliance with
Supreme Court: The Court has reserved order on two contempt petitions filed against Reserve Bank of India (RBI) for not complying with
RBI has imposed, by an order dated February 25, 2019, a monetary penalty of Rs 20 million (Rupees Twenty Million) on Punjab
G.S.R. 151(E)—In exercise of the powers conferred by clause (g) of sub-section (3) of Section 6 and Section 47 of the Foreign
Central Information Commission (CIC): The present matter was taken up by Sudhir Bhargava (Information Commissioner), under the Right to Information Act, 2005.
by Bhumesh Verma* and Soumya Shekhar**
Reserve Bank of India (RBI) has made linking of national biometric ID Aadhaar to bank accounts mandatory as part of its updated
Reserve Bank has repeatedly through its public notices on December 24, 2013, February 01, 2017 and December 05, 2017, cautioned users, holders
Reserve Bank of India has issued a Prompt Corrective Action (PCA) framework to maintain sound financial health of banks. It facilitates banks
Reserve Bank of India has scrapped quasi bank guarantee instruments such as the Letter of Undertaking (LoU) and Letter of Comfort (LoC)