RBI Notifies RBI (Pre-Payment Charges On Loans) Directions, 2025

Every Non-Banking Finance Company ("NBFC") is required to have a Net Owned Fund ("NOF") as prescribed by the Reserve Bank of India ("RBI") from time to time to commence the business of a Non-Banking...

In August 2026, the Reserve Bank of India (RBI) released the draft Reserve Bank of India (Interest Rates on Loans and Advances) Directions, 2026, proposing a comprehensive framework for the way regulated entities determine and apply interest rates on loans. While the Indian banking sector has long operated under a patchwork of institution specific instructions, the draft Directions seek to bring much-needed consistency to interest rate regulation across banks, cooperative banks, regional rural banks (RRBs), all-India financial institutions and NBFCs. If finalised in their present form, the Directions will come into effect from 1 April 2027.

In the world of finance, the term insider trading often evokes images of shady deals and hidden agendas. But what exactly is insider trading? Why is it illegal, and how do laws in India seek to prevent it? Let's dive into this intriguing subject, simplifying the complexities surrounding insider trading laws in India, while exploring the impact of these laws on the financial markets and their role in maintaining fairness.

When a fixed deposit (FD) holder dies without naming a nominee, families often assume the money is stuck or lost in legal complexity. Indian banking rules allow legal heirs to claim such deposits, provided they submit the right documents and follow the due process. Understanding this distinction is crucial, especially as a large number of deposits remain unclaimed each year due to a lack of awareness.

The Reserve Bank of India has introduced sweeping reforms to cross-border trade regulations through the Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, fundamentally reshaping payment timelines, reporting requirements, and compliance frameworks for businesses engaged in international transactions.

The Reserve Bank of India has introduced a new classification system for Non-Banking Financial Companies, fundamentally changing registration requirements based on public funding access, customer interface, and asset size thresholds. These regulatory changes create distinct compliance pathways for different NBFC categories while introducing new rules for group entities and overseas investments.

In Kotak Mahindra Bank Limited v Trupti Sanjay Mehta and Others, 2026 INSC 943 (Kotak Mahindra), the Hon’ble Supreme Court of India considered whether a bank as defined under Section 2(1)(c) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) could invoke the provisions of the SARFAESI Act to recover a secured debt acquired from an entity which was not covered under the ambit of the SARFAESI Act at the time of disbursement of the loan.

The Maharashtra Stamp (Fourth Amendment) Act, 2026 introduces a new dedicated stamp duty framework for financial and bank guarantees in Schedule I of the Maharashtra Stamp Act, 1958. This amendment establishes differentiated duty rates based on guarantee value and type, addressing long-standing ambiguities in how such instruments were previously taxed under generic security bond provisions. The reform has significant implications for banks, NBFCs, and entities dealing with government contracts, though quest

Starting a business involves several important steps after incorporation, and one of the first operational requirements is to Open Company Bank Account in India. A dedicated business bank account allows a company...

The Debts Recovery Tribunal, also known as DRT, follows certain rules which relate to the time limits mentioned in the Recovery of Debts and Bankruptcy Act, 1993 (RDB Act or the Act). These limits are not merely procedural requirements and instead are factors which influence the right of the borrower or guarantor depending on the stage of recovery proceedings in question.

The Ministry of Electronics and Information Technology ("MeitY") on 14.11.2025, published multiple notifications numbered G.S.R. 843(E) , G.S.R. 844(E) , G.S.R. 845(E) and G.S.R. 846(E).

The Government of the National Capital Territory of Delhi (“GNCTD”), by way of the Court Fees (Delhi Amendment) Act 20261 (“Delhi Court Fee Amendment Act”), has amended the Court Fees Act, 1870 as applicable in National Territory...

The Supreme Court of India, through notice dated 03.06.2026, has published the draft Regulations for use of Artificial Intelligence in Courts, 2026 (“Draft AI Regulations”). Comments and suggestions from all stakeholders and the general public are invited on the Draft AI Regulations by 20.06.2026

The RBI by notification dated 31.07.2026 notified the RBI (Commercial Banks – Fraud Risk Management) Directions, 2026 consolidating, repealing and superseding the RBI (Fraud Risk Management in Commercial Banks (including Regional Rural Banks) and All India Financial Institutions) Directions, 2024 and other circulars (“Fraud Master Directions 2024”).

The Central Electricity Authority (“CEA”), by notification dated 31.07.2026 has published the Draft Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2026 (“Draft Technical Standard Regulations”).

The Supreme Court through its judgement dated 07.04.2026 in Renuka v. the State of Maharashtra & Anr. affirmed that where the basic ingredients of an offence under Section 138 of the Negotiable Instruments Act, 1881 are satisfied, the complaint cannot be dismissed at the pre-trial stage on the ground that the cheque was not issued towards a legally enforceable debt.

The High Court of Delhi, by its order dated 16.01.2026, in the matter of Malabar Gold and Diamond Limited & Ors. v. Union of India & Ors., held that investigating agencies do not have power under Section 106...

The Supreme Court of India, through its judgment dated 12.08.2026 in Karnataka Power Transmission Corporation Limited v. Rekha and Others , set aside concurrent orders of the High Court of Karnataka which had fastened absolute liability upon the Karnataka Power Transmission Corporation Limited (“KPTCL”) in respect of two electrocution incidents.

The Securities and Exchange Board of India, through notification dated 10.07.2026, has notified the SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2026, further amending the SEBI (Alternative Investment Funds) Regulations, 2012.

The IBBI, through notification dated 01.06.2026 has released the IBBI (Liquidation Process) (Fourth Amendment) Regulations, 2026 (“Liquidation Amendment Regulations”) to amend the IBBI (Liquidation Process) Regulations, 2016 (“Liquidation Principal Regulations”), in order to give effect to the changes brought about by the Amendment Act.