Opening Foreign Currency Accounts Made Easier: RBI Notifies Seventh FEMA Amendment (2025)
RBI allows exporters to open foreign currency accounts in IFSCs under FEMA 2025 amendment, effective immediately.
RBI
Bombay HC upholds order passed by SBI, declaring accounts of Anil Ambani and Reliance Communication Ltd (RCOM) as ‘Fraud’
“Personal hearing cannot be demanded as a matter of right, unless specifically mandated by statute or rules. The principles of natural justice cannot be applied in a straitjacket formula; their application depends on the facts and circumstances of each case”
11 States Raise ₹25,000 Crore via RBI Securities Auction
RBI’s auction of State Government Securities presented a strong investment opportunity, with eleven states raising ₹25,000 crore to support long-term development, infrastructure, and fiscal needs.
PhonePe Fined ₹21 Lakh by RBI over PPI Compliance Breach
RBI has imposed a ₹21 lakh penalty on PhonePe for failing to comply with PPI guidelines, citing escrow account shortfalls and reporting lapses during its October 2023—December 2024 inspection.
Key Highlights of the Companies (CAA) Amendment Rules, 2025
MCA expand fast-track merger eligibility and introduce new compliance forms and procedures for smoother regulatory approvals under Companies Act 2013.
Overview of RBI (Co-Lending Arrangements) Directions, 2025
RBI Co-Lending Arrangements Directions 2025 establish a unified framework for joint lending by banks and NBFCs to improve transparency risk sharing and borrower protection.
RBI lays down Directions on Investment in Alternative Investment Funds Scheme
Directions to safeguard the capital of regulated entities by restricting investments in Alternative Investment Funds that have exposure to borrowers in default.
RBI Directions 2025 reshape India’s Project Finance framework
Project Finance re-defined under RBI’s new Directions.
Read all about RBI’s revised Monetary Policy Statement and New Repo Rate
Repo Rate slashed to 5.50 % as RBI reinforces Economic Growth Policies.
Delhi High Court sets aside RBI’s NBFC registration cancellation of Shabros Finvest; Directs reconsideration
The central dispute involved RBI’s cancellation of Shabros Finvest Pvt. Ltd.’s NBFC registration for allegedly failing to meet the prescribed Net Owned Fund (NOF) requirement.
RBI Shapes the Future of Digital Lending, 2025
RBI notifies digital lending rules to establish transparency, protect borrowers, and regulate multi-lender partnerships.
RBI relaxes requirement for investment by FPIs in Corporate Debt Securities
This relaxation will help in complying with short- term investment limit and concentration limit.
RBI allows Theme Neutral applications as a part of On Tap application facility under Regulatory Sandbox
It will help in innovation and constructive engagement of FinTech.
RBI notifies Directions on Interest rate to be on paid on Deposits
Banks cannot pay Offer prize/ lottery/ free tips any other initiative having element of chance for mobilizing deposits.
‘Will facilitate receipt of legal tender’; Bombay HC directs RBI to accept demonetized bank notes worth Rs 20 lakhs seized before deposit deadline
The Income Tax Department stated that it did not intend to seize the bank notes pursuant to which the police authorities returned the same to the petitioners on 14-1-2017.
RBI notifies directions relating to Forward Contracts in Government Securities
In case of violation, RBI can disallow the violator from dealing in bond forwards for a period of 1 month at a time.
HIGH COURT FEBRUARY 2025 WEEKLY ROUNDUP | Stories on Masaba’s Trade Mark; Sidhu Moosewala’s Murder; Amandeep Singh Batra’s petition; Human Sacrifice; and more
A quick legal roundup to cover important stories from all High Courts this week.
Despite acknowledging ECL’s violations, RBI failed to act; Delhi High Court upholds direction to RBI to intervene
It is an elementary principle that when a public authority is vested with specific powers, it is duty bound to act accordingly. Therefore, any failure to exercise statutory powers gives rise to a cause of action to secure performance of such duty by way of issuance of writ of mandamus under Article 226.
RBI streamlines guidelines for ARC – borrower settlements
Borrowers with dues of more than Rs. 1 crore can settle their amount only after IACs evaluation.