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RBI Launches Nationwide RBI90Quiz for Undergraduates Students to Mark 90 Years of Service
The Reserve Bank of India (RBI) has introduced the RBI90Quiz, a nationwide quiz competition aimed at undergraduate students, to...
Aug 21, 20241 min read


Once a Bank Accepts Payment Under a Settlement Scheme (OTS), It Cannot Refuse to Release Mortgaged Property Despite Minor Non-Compliance
High Court held that once a bank accepts payment under a settlement scheme (OTS), it cannot refuse to release mortgaged property despite...
Aug 20, 20242 min read


High Court Finds Delays by TransUnion CIBIL Ltd in Updating Borrowers' Credit Ratings Constitute a Breach of Their Fundamental Rights Under Article 21
High Court found Delays by TransUnion CIBIL Ltd. in updating borrowers' credit ratings constitute a breach of their fundamental rights...
Aug 16, 20243 min read


Exploring the Role of Insolvency Professionals: Second Annual Research Workshop on Insolvency and Bankruptcy
The Second Annual Research Workshop will be held on 1st & 2nd March 2025 at the Indian Institute of Management Ahmedabad (IIMA),...
Aug 14, 20242 min read


Effect of IBC Moratorium on SARFAESI Act Proceedings: Clarifying Jurisdictional Overlap
NCLAT upheld the NCLT’s decision, affirming that the EoI issued by Respondent No.1 did not contravene Section 14(1)(d) of the IBC. The...
Aug 14, 20243 min read


Supreme Court Sets Aside High Court Order, Affirms Mandatory Compliance with MSME Restructuring Framework Before NPA Classification
Supreme Court set aside the High Court order and affirmed mandatory compliance with the MSME restructuring framework before NPA...
Aug 14, 20243 min read


Government Introduces Banking Laws (Amendment) Bill 2024: Key Reforms to Enhance Bank Account Flexibility and Governance
On August 9, 2024, the Government introduced the Banking Laws (Amendment) Bill, 2024 in the Lok Sabha, marking a significant overhaul of...
Aug 11, 20242 min read


RBI Proposes Enhanced UPI Limits and New Measures to Strengthen Digital Payments and Lending Ecosystem
The Reserve Bank of India (RBI) has recently unveiled a series of proposals aimed at advancing the Unified Payments Interface (UPI)...
Aug 11, 20242 min read


NCLAT's Interpretation of SARFAESI Act Enforcement and Personal Guarantors' Rights within the Insolvency and Bankruptcy Code
NCLAT Interpreted the SARFAESI Act Enforcement and Personal Guarantors' Rights under the Insolvency and Bankruptcy Code. The National...
Aug 10, 20243 min read


RBI Mandates Fortnightly Reporting of Credit Information: Enhanced Timeliness and Compliance Guidelines Effective January 1, 2025
In line with the Reserve Bank of India’s (RBI) updated guidelines, the frequency of credit information reporting by Credit Institutions...
Aug 9, 20242 min read
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