A PIL filed before the Supreme Court under Article 32 seeks a coordinated probe by the ED, CBI, SFIO, RBI and SEBI into an alleged ₹1,537 crore banking fraud involving Asset Reconstruction Companies.
Read Full ArticleSupreme Court holds bank amalgamation under Section 45 BR Act attracts eviction under Section 14(1)(b) DRC Act, restores decree against PNB.
RBI proposes a model risk framework making banks and NBFCs accountable for AI/ML systems, with stricter governance, validation, and human oversight.
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 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 assets linked to Anil Ambani in a money-laundering probe involving RHFL and RCFL, alleging diversion of public funds through shell firms.
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.
SC rules e-KYC must be accessible to persons with disabilities, citing digital access as a fundamental right under Article 21 of the Constitution.
SC: Bank policy decisions on interest rates beyond Consumer Commission’s purview; RBI’s regulatory domain upheld under legislative framework.
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