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Reserve Bank of India (RBI)

Bank Merger Amounts To Parting With Possession, Attracts Eviction Under DRC Act: SC
Judiciary
Bank Merger Amounts To Parting With Possession, Attracts Eviction Under DRC Act: SC

Supreme Court holds bank amalgamation under Section 45 BR Act attracts eviction under Section 14(1)(b) DRC Act, restores decree against PNB.

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RBI Proposes Sweeping Model Risk Management Framework For AI And Machine Learning Systems Used By Banks, NBFCs [Read Circular] Executive
RBI Proposes Sweeping Model Risk Management Framework For AI And Machine Learning Systems Used By Banks, NBFCs [Read Circular]

RBI proposes a model risk framework making banks and NBFCs accountable for AI/ML systems, with stricter governance, validation, and human oversight.

Government Clears ₹45,060 Crore Export Support Package With New Legal and Institutional Mechanisms Executive
Government Clears ₹45,060 Crore Export Support Package With New Legal and Institutional Mechanisms

India approves ₹45,060 crore export support package with new legal and digital mechanisms to boost MSMEs, streamline procedures, and strengthen export capacity.

City Union Bank Q2 Net Profit Rises 15%, Bad Loans Fall Sharply Business
City Union Bank Q2 Net Profit Rises 15%, Bad Loans Fall Sharply

City Union Bank Q2 profit rises 15% to ₹329 crore as bad loans fall sharply; strong interest income and lower provisions boost overall performance.

ED Attaches ₹3,084 Crore Worth of Assets Linked to Anil Ambani in Money Laundering Probe Business
ED Attaches ₹3,084 Crore Worth of Assets Linked to Anil Ambani in Money Laundering Probe

ED attaches ₹3,084 crore assets linked to Anil Ambani in a money-laundering probe involving RHFL and RCFL, alleging diversion of public funds through shell firms.

U.S. and Singapore Account for One-Third of India’s FDI in FY25, RBI Census Shows

India’s FY25 RBI FLA Census shows the U.S. and Singapore contributed over one-third of FDI, with 75% of reporting firms being foreign-owned, mostly unlisted.

E-KYC must be made accessible to persons with disabilities: SC [Read Judgment]

SC rules e-KYC must be accessible to persons with disabilities, citing digital access as a fundamental right under Article 21 of the Constitution.

Administrative policy decision of banks or rate of interest can't come under purview of Consumer Commission: SC [Read Judgment]

SC: Bank policy decisions on interest rates beyond Consumer Commission’s purview; RBI’s regulatory domain upheld under legislative framework.


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Senior Citizens Rights Handbook

The Senior Citizen Rights Handbook is a comprehensive guide designed to empower elderly citizens with clear and accessible knowledge of their legal and social rights in India.

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