SEBI Extends Liquidation Timeline For Migrating VCFs To AIF Regime

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.

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.

The Securities and Exchange Board of India (SEBI) issued a consultation paper on 23 July 2026 (Consultation Paper). The Consultation Paper proposes a comprehensive review of the SEBI (Portfolio Managers) Regulations, 2020 (PMS Regulations).

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.

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.

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

The Supreme Court vide its recent order dated September 17, 2026 (“Order”) in the matter of Ayesha Jain v. Amity University, Noida & Ors., [W.P. (C) No. 531/2025] came down heavily on the manner of operation of universities and issued a series of stringent directions requiring greater disclosure by universities, including with respect to their finances, admissions, staffing, grievance redressal and regulatory compliance

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...

Section 9 of the Arbitration and Conciliation Act, 1996 (hereinafter referred to as "the Act") is a crucial provision that allows parties to seek interim relief from courts before, during, or after arbitration proceedings, but before the enforcement of the arbitral award.

Reserve Bank of India vide notification dated July 02, 2025, has issued Reserve Bank of India (Pre-payment Charges on Loans) Directions, 2025.

The Reserve Bank of India, through its June 20, 2025 notification, revised Priority Sector Lending (PSL) guidelines for SFBs effective FY 2025–26.

Reserve Bank of India vide circular dated May 08, 2025, has issued Reserve Bank of India (Digital Lending) Directions, 2025.

The Reserve Bank issued draft guidelines on May 03, 2024, for stakeholder comments on project loan financing.

Securities and Exchange Board of India vide circular dated May 26, 2025, has issued Final Settlement Day (Expiry Day) for Equity Derivatives Contracts.

Reverse flipping is an intriguing trend gaining traction among Indian companies that had previously relocated their domiciles overseas.

Corporate Social Responsibility ("CSR") is the commitment promised by businesses and organisations to integrate social, political, and environmental concerns in their business operations vide monetary support etc.

The Ministry of Finance has notified the rule for Banning of Unregulated Deposit Scheme. It is aimed at tackling the menace of illicit deposit-taking activities in the country.

In order to make the process efficient and effective, the Securities Exchange Board of India has simplified the right issue process by amending the SEBI (Issue of Capital and Disclosure ...