Today, the Reserve Bank of India (RBI) released the results of the 2023-24 survey on Foreign Liabilities and Assets of Mutual Fund (MF)...

On August 6, 2024, the Reserve Bank of India (RBI) imposed a monetary penalty of ₹1,06,40,000 on Union Bank of India for non-compliance...

The Reserve Bank of India (RBI) has issued a circular dated August 12, 2024, as part of the phased approach announced in the earlier...

On 12th August 2024, the Insolvency and Bankruptcy Board of India (IBBI) issued Circular No. IBBI/RV/75/2024, establishing a new protocol...

NCLAT observes that further consideration of the appeal is unnecessary once the Liquidator confirms the payment and distribution. The...

NCLAT held that the bank must honour an unconditional and irrevocable Performance Bank Guarantee irrespective of insolvency proceedings...

The recent introduction of the Guidelines for the Committee of Creditors (CoC) aims to enhance the efficiency, transparency, and...

On August 9, 2024, the Government introduced the Banking Laws (Amendment) Bill, 2024 in the Lok Sabha, marking a significant overhaul of...

The Reserve Bank of India (RBI) has recently unveiled a series of proposals aimed at advancing the Unified Payments Interface (UPI)...

Supreme Court Clarifies Burden of Proof and Presumption of Liability Under Section 139 of the Negotiable Instruments Act. The Supreme...