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Reserve Bank of India

Loan moratorium: Covid se...

The recent resuscitation move by the Reserve Bank of India may not be enough to help small businesses stay afloat. A petition filed in the Supreme Court wants a fresh moratorium on interest on bank loans.

RBI liquidity push gives ...

With the second wave of Covid-19 putting further stress on the economy, the Reserve Bank of India has launched measures to enhance fund flow for the healthcare sector and inject more liquidity into the system. Will they help?

Allahabad High Court allo...

Preeti Rai, the mother of three and a half years child filed the petition in High Court with the help of Advocates Abhinav Gaur and Vibhu Rai, seeking custody of her child from child's father and grandparents.

Supreme Court lays down b...

The Supreme Court has directed the RBI to lay down comprehensive directions mandating the steps to be taken by banks with respect to locker facility/safe deposit facility management.

Delhi HC issues notice on...

The Delhi High Court seeking direction of Reserve Bank of India to control the working of Online Digital Lending apps and other platforms who are charging high processing fees.

Loan moratorium: Centre t...

The Supreme Court on Tuesday was informed by the Centre that interest waiver was not considered by the government as it would lead to wiping out of a major share of the bank’s net worth

Supreme Court to continue...

New Delhi: The Supreme Court will hear the Union Government’s stand on the pleas filed regarding the moratorium on loan repayment and interest levied by the Reserve Bank of India (RBI) amid the COVID-19 pandemic.

Delhi High Court pulls up...

A division Bench of the Chief Justice DN Patel and Justice Prateek Jalan has given time to Reserve Bank of India to file its reply and adjourned the case to January 4, 2021. The application was filed by Bejon Kumar Mishra seeking directions to include financial emergencies as a ground for depositors to withdraw their money from Punjab and Maharashtra Co-operative (PMC) Bank.

Supreme Court to hear CPI...

The Supreme Court on Monday will hear plea by Communist Party of India MP Binoy Viswam, seeking direction to the Reserve Bank of India to frame necessary regulations to make sure that Indians’ data collected on UPI platforms is not exploited by companies like Amazon, Google, and Facebook.

Centre tells Supreme Cour...

The Central Government has filed a detailed affidavit before the Supreme Court in connection with the loan moratorium case, stating that the difference between compound interest and simple interest will be deposited in the account of borrowers by November 5.

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