MUMBAI, India, July 16 -- Reserve Bank of India issued the following notification: RBI/2026-27/198 DOR.STR.REC.163/21-04-048/2026-27 July 16, 2026 Reserve Bank of India (All India Financial Institutions - Income Recognition, Asset Classification and Provisioning) Second Amendment Directions, 2026 Please refer to Reserve Bank of India (All India Financial Institutions - Resolution of Stressed Assets) Second Amendment Directions, 2026 dated July 16, 2026. 2. Consequent to the aforesaid Amen...
MUMBAI, India, July 16 -- Reserve Bank of India issued the following notification: RBI/2026-27/197 DOR.STR.REC.162/21-04-048/2026-27 July 16, 2026 Reserve Bank of India (Non-Banking Financial Companies Income Recognition, Asset Classification and Provisioning) Third Amendment Directions, 2026 Please refer to Reserve Bank of India (Non-Banking Financial Companies - Resolution of Stressed Assets) Second Amendment Directions, 2026 dated July 16, 2026. 2. Consequent to the aforesaid Amendment...
MUMBAI, India, July 16 -- Reserve Bank of India issued the following notification: RBI/2026-27/196 DOR.STR.REC.161/21-04-048/2026-27 July 16, 2026 Reserve Bank of India (Small Finance Banks - Income Recognition, Asset Classification and Provisioning) Second Amendment Directions, 2026 Please refer to Reserve Bank of India (Small Finance Banks - Resolution of Stressed Assets) Second Amendment Directions, 2026 dated July 16, 2026. 2. Consequent to the aforesaid Amendment Directions, in exerci...
MUMBAI, India, July 16 -- Reserve Bank of India issued the following notification: RBI/2026-27/195 DOR.STR.REC.160/21-04-048/2026-27 July 16, 2026 Reserve Bank of India (Commercial Banks - Income Recognition, Asset Classification and Provisioning) Second Amendment Directions, 2026 Please refer to Reserve Bank of India (Commercial Banks - Resolution of Stressed Assets) Third Amendment Directions, 2026 dated July 16, 2026. 2. Consequent to the aforesaid Amendment Directions, in exercise of t...
MUMBAI, India, July 16 -- Reserve Bank of India issued the following notification: RBI/2026-27/194 DOR.STR.REC.175/21-04-048/2026-27 July 16, 2026 Reserve Bank of India (Local Area Banks - Resolution of Stressed Assets) Second Amendment Directions, 2026 Please refer to Reserve Bank of India (Local Area Banks - Resolution of Stressed Assets) Directions, 2025 (hereinafter referred to as 'the Directions'). 2. A bank generally does not transact in immovable assets as part of its core business ...
MUMBAI, India, July 16 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Friday, July 17, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 3 09:30 AM to 10:00 AM July 20, 2026 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/...
MUMBAI, India, July 16 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had, on May 05, 2026, issued the Draft Directions on Prudential Norms on Specified Non-financial Assets (SNFA) Directions for stakeholder feedback. 2. Feedback received on the draft Directions has been examined and consequent modifications, as deemed appropriate, have been suitably incorporated in the final Directions. A statement on the feedback received on the draft Directions is pro...
MUMBAI, India, July 16 -- Reserve Bank of India issued the following press release: The Reserve Bank of India had constructed a composite Financial Inclusion Index (FI-Index) in consultation with the concerned stakeholders including the Government, to capture the extent of financial inclusion across the country, which was first published in August 2021 for the FY ending March 2021. Index for the year ending March 2026 has since been compiled. The value of FI-Index for March 2026 stands at 70.0...
NAINITAL, India, July 15 -- Uttarakhand High Court issued the following order on June 30: IN THE HIGH COURT OF UTTARAKHAND Case Number: BA1/996/2026 Applicant: Haseen Alias Tota Respondent: State of Uttarakhand Judge: Hon'ble Rakesh Thapliyal, J. Order Date: 30.06.2026 Order: 1. Mr. Gaurav Singh, learned counsel for the applicant. 2. Mr. B.C. Joshi, learned AGA for the State. 3. List on 02.07.2026 in order to enable the State Counsel to get instructions about the criminal antecedents of...
NAINITAL, India, July 15 -- Uttarakhand High Court issued the following order on June 30: IN THE HIGH COURT OF UTTARAKHAND Case Number: BA1/947/2026 Applicant: Raja Sharma Alias Sukhvendra Respondent: State of Uttarakhand Judge: Hon'ble Rakesh Thapliyal, J. Order Date: 30.06.2026 Order: 1. Mr. Sanjay Kumar Chandel, learned counsel for the applicant. 2. Mr. Vijay Khanduri, learned Brief Holder for the State. 3. Learned State Counsel prays for and is granted two weeks' time to file counte...