Legal Update

Indian Banks, Foreign Hands: The Ownership Dilemma and What’s Next

India’s banking sector is at a potential turning point, with policymakers revisiting a sensitive and long-standing debate should foreign investors be allowed to own larger

Legal Update

RBI Turns Up the Heat: Tighter Controls on Derivatives and Treasury Operations

India’s financial regulator, the Reserve Bank of India (RBI), is tightening its grip on treasury operations and derivative exposures in private and foreign banks. This

Legal Update

RBI Pushes for Call Market Revival to Strengthen Monetary Policy Transmission

In a strategic move to bolster the effectiveness of its monetary policy, the Reserve Bank of India (RBI) is taking deliberate steps to revive the

Legal Update

Repo Rate Relief: What Falling Interest Rates Mean for Your Home Loan EMIs

The Reserve Bank of India (RBI), in its latest monetary policy review, has reduced the repo rate—a move that directly impacts the borrowing costs in

Legal Update

More Say in Who Gets What: New Nominee Rules Give Bank Account Holders Greater Control

In a welcome move aimed at offering more flexibility and clarity in estate planning, Indian banking regulations have undergone a key update: individuals can now

Legal Update

RBI Tightens Risk Framework on Microfinance Loans: Implications for Lenders and Borrowers

In a significant regulatory intervention aimed at maintaining the financial stability of the microfinance sector, the Reserve Bank of India (RBI), in January 2025, revised

Legal Update

Breathing Life into Dormant Accounts: RBI’s Push for Reactivation and Financial Inclusion

In a significant regulatory move, the Reserve Bank of India (RBI) has directed all banks to take proactive measures to streamline the activation of inoperative

Legal Update

RBI Increases UPI 123Pay and UPI Lite Limits: Here’s How It Benefits You

In a move to promote digital payments and make transactions faster and more accessible, the Reserve Bank of India (RBI) has raised the limits for

Legal Update

RBI Keeps Repo Rate Unchanged for 10th Consecutive Time: What It Means for Home Loan Borrowers

The Reserve Bank of India (RBI) recently decided to keep the repo rate steady at 6.5% for the 10th consecutive time during its bi-monthly Monetary

Legal Update

Expanding UPI’s Reach through Delegated Payments and Enhanced Transaction Limits

Soon, users of the Unified Payments Interface (UPI) will have the option to authorize someone else to perform UPI transactions on their behalf using their