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RBI's 610th Central Board Meeting Reviews Economic Outlook and Operational Performance
The 610th meeting of the Central Board of Directors of the Reserve Bank of India (RBI) took place in Mumbai, chaired by Governor Shri...
Sep 5, 20241 min read


SBI Chairman CS Setty on Advancing MSME Credit Access and Financial System Evolution
On September 2, CS Setty, who recently assumed the role of Chairman of the State Bank of India (SBI), provided insights into the current...
Sep 4, 20242 min read


RBI August 2024 Update: Modest Rise in Lending and Deposit Rates Reflects Gradual Adjustment in Banking Sector
In August 2024, the Reserve Bank of India (RBI) released updated data on lending and deposit rates for Scheduled Commercial Banks (SCBs),...
Sep 3, 20242 min read


NCLAT Upholds Insolvency Proceedings, Affirming that Financial Disputes Fall Within the Jurisdiction of Insolvency Laws Despite Civil Court Injunctions
The NCLAT upheld the insolvency proceedings, affirming that financial disputes fall within the jurisdiction of insolvency laws, even in...
Sep 2, 20243 min read


High Court Dismisses Contempt Petition, Finding No Willful Disobedience in Context of Insolvency and Arbitration Compliance
The High Court dismissed the contempt petition, finding no willful disobedience in the context of compliance with insolvency and...
Aug 31, 20243 min read


High Court Overrules Lookout Circular (LOC) for Loan Default: Reinforces Fundamental Right to Travel
The High Court overruled the Lookout Circular issued due to loan default, reinforcing the fundamental right to travel. The Delhi High...
Aug 29, 20242 min read


IBBI Invites EoI from Institutions to Develop a Post Graduate Insolvency Programme (PGIP) Aimed at Cultivating Highly Qualified Insolvency Resolution Experts
The Insolvency and Bankruptcy Board of India (IBBI) is seeking Expressions of Interest (EoI) from eligible institutions to conduct the...
Aug 28, 20241 min read


SARFAESI Proceedings Cannot Continue Post-Moratorium Under IBC if Sale Stage Not Reached
High Court held that the SARFAESI proceedings cannot continue post-moratorium under IBC if the sale Stage is not reached. The Delhi High...
Aug 25, 20242 min read


IBBI Invites Public Comments on Proposed Amendments to MSME Registration and Disclosure Framework under CIRP
The IBBI invites public comments on the proposed amendments to the MSME registration and disclosure framework under the CIRP. The...
Aug 23, 20243 min read


IBC provisions prevail over the SARFAESI Act, and the interim moratorium under Section 96 affects SARFAESI proceedings initiated post-moratorium
High Court held that IBC provisions prevail over the SARFAESI Act and that the interim moratorium under Section 96 affects SARFAESI...
Aug 23, 20243 min read
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