Supreme Court Refuses to Stay RTI Notices issued by RBI to Banks
LI Network Snehal Upadhyay- Supreme Court withheld the prayers made by the Union Bank of India and Punjab National Bank…
RBI
Yes Bank AT1 bondholder case: RBI & SEBI seek time to file response
Aryan Grover Time has been granted to the Reserve Bank of India (RBI) and market regulator Securities and…
The lenders of the nation to resume the act of classifying delinquent debt as bad loans, directs SC
Aryan Grover A three-judge panel of the Supreme Court, headed by Justice Ashok Bhushan, delivered the verdict which…
CDRC Gujarat declines compensation demand in online fraud
Aryan Grover The Consumer Dispute Redressal Commission (CDRC) in Gujarat’s Amreli district has declined the demand for compensation.…
RBI guidelines regarding attachment and seizure
Nisman Parpia What is attachment and seizure? Attachment is understood as the legal process which refers to the…
The Gravity of Chinese Fake Loan App Scam
Adv Anamika Roy Choudhary In this cyber world getting a personal loan has never been easier with tons…
Supreme Court directs RBI to lay down regulations, held banks responsible for locker security
LI NETWORK Supreme Court holding the banks responsible for operation of lockers directed the Reserve Bank of India…
Banker’s Right to Lien & Set Off
Khushboo asrani In Halsbury’s Laws of England ,it is stated: “Lien is ,in its primary sense ,a right…
Regulation on digital lending platforms: Delhi High Court asks RBI & Centre’s stand
Sreya Kanugula The High Court of Delhi issued a notice to the Central government and the Reserve Bank…
PIL in Madras HC sought directions to ban instant money lending apps without RBI permission
Anushka Mansharamani The Madras High Court issued a notification to the central and state governments, Google, RBI and…
Delhi HC now directs RBI & SBI to maintain status quo on declaration of Reliance Communications accounts fraud
Tanvi Sinha In a petition raised last week on December 28th 2020 by Punit Garg, representing the Anil-Ambani…
Loan Moratorium: Supreme Court reserves verdict
LI NETWORK The Supreme Court has reserved the verdict on pleas concerning the extension of the loan moratorium…
PIL on lackadaisical approach of regulators over entry of Facebook, Amazon, Google in financial sector: Delhi HC issues notice to Centre & RBI
LI NETWORK Division Bench of Chief Justice DN Patel and Justice Prateek Jalan of the Delhi High Court…
Supreme Court hears Loan Moratorium waiver of interest; will continue on Dec 9
Anushka Mansharamani The Supreme Court heard several petitions on 8th December regarding the interest waiver loan during the…
Who is Wilful Defaulter?
Amruta Kadam India in its long time quest has been trying to get rid of every possible threat…
Loan moratorium case: SC grants Centre, RBI a week to file affidavits
By Shelal- The Apex court today deferred the hearing in the loan moratorium case by another week and…
RBI’S Guidelines with respect to Payments Banks
By Ananya Agarwal What are Payment Banks? Reserve Bank of India had issued guidelines on November 24, 2014,…