RBI Streamlines Gold Metal Loan Regulations: Key Takeaways
RBI issues amendments to Gold Metal Loan Scheme to streamline regulations, expand scope, and boost ease of doing business.
Commercial banks
Banks must hear borrowers before classifying their accounts as fraud as it may lead to its ‘civil death’: Supreme Court
The Supreme Court observed that principles of natural justice should be necessarily read into the provisions of the Master Directions on Frauds, to save it from the vice of arbitrariness.