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1. RBI floats harmonised interest rate determination draft rules for banks, NBFCs

RBI floats harmonised interest rate determination draft rules for banks, NBFCs - Regulators - 2 min read RBI floats harmonised interest rate determination draft rules for banks, NBFCs At present, the

RBI floats harmonised interest rate determination draft rules for banks, NBFCs

RBI floats harmonised interest rate determination draft rules for banks, NBFCs - Regulators - 2 min read RBI floats harmonised interest rate determination draft rules for banks, NBFCs At present, the regulatory framework on interest rates on advances is applicable only to commercial banks, while NBFCs are governed largely by conduct-related aspects, according to an RBI notification. Mumbai, The Reserve Bank on Wednesday issued draft rules on harmonised interest rate determination to align the policies between banks and non-banking finance companies (NBFCs). At present, the regulatory framework on interest rates on advances is applicable only to commercial banks, while NBFCs are governed largely by conduct-related aspects, according to an RBI notification. "It is proposed to issue harmonised directions for all regulated entities, prescribing a broad, principles-based framework for the determination of interest rates on both fixed rate and floating rate loans, commensurate with the nature, complexity, and scale of the operations of the regulated entity," the draft said. The release of the draft follows an August 5 announcement by Governor Sanjay Malhotra to harmonise the regulations. The public has been given time until September 11, according to the draft released on Wednesday. The directions will apply only to domestic operations of the regulated entities, and require all REs to have board-approved policies on interest rates on loans and advances, which should be reviewed at least once every year. "This policy shall lay down various aspects related to pricing of loans, including microfinance loans.

2. Kerala Bank gets RBI nod for internet banking

Kerala Bank gets RBI nod for internet banking

Kerala Bank gets RBI nod for internet banking - Corporate & Business - 1 min read Kerala Bank gets RBI nod for internet banking - Times News Network - TOI.in - Published On Aug 12, 2026 at 09:30 PM IST T’puram: Kerala Bank has received approval from the Reserve Bank of India to introduce internet banking services, said bank president P Mohanan and CEO Jorty M Chacko in a joint statement. The approval will enable customers to access banking services online 24x7 without visiting a branch. Besides individual customers, the bank’s member societies, including primary agricultural credit societies, and other institutions will have access to internet banking facilities. Member societies will be able to use their Kerala Bank accounts for services such as RTGS and NEFT, they said. Govt departments, LSGIs, cooperative institutions and private and public sector establishments will be able to make fund transfers and bulk payments and use account management services online. QR code and E-POS services will also be introduced soon, they added. - By Times News Network, - TOI.in - Published On Aug 12, 2026 at 09:30 PM IST - See more on: - Kerala Bank, - Reserve Bank of India, - internet banking, - Thiruvananthapuram, - P Mohanan, - Jorty M Chacko, - RTGS, - NEFT, - UPI, - KB Prime mobile app All Comments By commenting, you agree to the Prohibited Content Policy PostBy commenting, you agree to the Prohibited Content Policy PostFind this Comment Offensive? Choose your reason below and click on the submit button. This will alert our moderators to take actionsJoin the community of 2M+ industry professionals.

3. ED arrests insolvency professional Jitesh Gupta in Best Foods money laundering case

ED arrests insolvency professional Jitesh Gupta in Best Foods money laundering case

ED arrests insolvency professional Jitesh Gupta in Best Foods money laundering case - Web Stories - 2 min read ED arrests insolvency professional Jitesh Gupta in Best Foods money laundering case New Delhi, The Directorate of Enforcement (ED) has arrested Jitesh Gupta, an insolvency professional, under Section 19 of the Prevention of Money Laundering Act (PMLA), 2002, on Wednesday. Gupta had acted as interim resolution professional/resolution professional (IRP/RP) in the Corporate Insolvency Resolution Process (CIRP) of M/s Homestead Infrastructure Development Pvt. He was produced before the Special Court (PMLA), which remanded him to ED custody for further investigation, the agency said in a press statement. The ED initiated the probe based on an FIR registered by the Central Bureau of Investigation (CBI) against M/s Best Foods Ltd. under various sections of the Indian Penal Code, 1860, and the Prevention of Corruption Act, 1988. Further probe established that Jitesh Gupta, in his capacity as IRP/RP, suo motu re‑admitted claims that he had earlier rejected as spurious and fraudulent. This action altered the composition of the Committee of Creditors. He also facilitated a Resolution Plan that was submitted as a front for Dinesh Gupta and was funded through an entity controlled by him. In addition, Gupta recommended a person connected with Dinesh Gupta as a prospective resolution applicant.

4. NCLT launches e-services for faster access to judicial records, certified copies

NCLT launches e-services for faster access to judicial records, certified copies

NCLT launches e-services for faster access to judicial records, certified copies - Web Stories - 1 min read NCLT launches e-services for faster access to judicial records, certified copies - Published On Aug 12, 2026 at 09:35 PM IST New Delhi, The National Company Law Tribunal (NCLT) on Wednesday launched its e-Inspection and e-Certified Copy Services that will provide stakeholders with faster access to judicial records and certified copies. NCLT President Justice Anupinder Singh Grewal inaugurated the services through video conferencing. Grewal said the two services are intended to provide advocates, litigants and other stakeholders with convenient and faster access to judicial records and certified copies. The services form part of the tribunal's broader digital transformation, according to an official release. The release said the tribunal has adopted a data-driven mechanism to monitor pendency across benches and, based on the data, workload was redistributed, special benches were constituted and efforts were made to maximise the available court time. - Published On Aug 12, 2026 at 09:35 PM IST All Comments By commenting, you agree to the Prohibited Content Policy PostBy commenting, you agree to the Prohibited Content Policy PostFind this Comment Offensive? Choose your reason below and click on the submit button. This will alert our moderators to take actionsJoin the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox.

5. Sebi lowers stress testing limit for commodity derivatives

Sebi lowers stress testing limit for commodity derivatives

Sebi lowers stress testing limit for commodity derivatives - Regulators - 1 min read Sebi lowers stress testing limit for commodity derivatives New Delhi, Markets regulator Sebi on Wednesday lowered the Z-score limit used for stress testing in the commodity derivatives market to 5 from 10, in a move aimed at easing compliance for market participants. Under the existing framework, price movements corresponding to a Z-score of 10 replace extreme price movements beyond that threshold in peak historical returns of all commodities. The Securities and Exchange Board of India (Sebi) has now revised the provision to a Z-score of 5, according to its circular. The regulator said, "Price movements corresponding to a Z-score of 5 will replace extreme price movements beyond that threshold in peak historical returns of all commodities. Mean and sigma of returns over the applicable MPOR period across 15 years would be used for calculation of the Z-score." The earlier provision stated, "Price movements corresponding to a Z-score of 10 will replace extreme price movements beyond that threshold in peak historical returns of all commodities." Sebi said the modification has been made "with the objective of facilitating Ease of Doing Business". The revised circular comes into force with immediate effect. The move relates to the historical scenarios used for peak historical return stress testing, under which the maximum percentage rise and fall in the price of each underlying over the Margin Period of Risk (MPOR) during the last 15 years are considered.

1. Ashok Kumar Tiwari vs. Vivek Kumar Chaturvedi and Ors. (07.08.2026 - SC)(MANU/SC/0833/2026)

The Supreme Court of India addressed a contempt petition filed by Ashok Kumar Tiwari, the maternal grandfather of a minor child, against Vivek Kumar Chaturvedi and others, concerning the custody of th

2. The State of Andhra Pradesh, Home Department vs. Ponthati Siva Rami Reddy and Ors. (10.08.2026 - SC)(MANU/SC/0832/2026)

The Supreme Court of India addressed the appeal by the State of Andhra Pradesh against the High Court's decision to modify the conviction of Ponthati Siva Rami Reddy and others from Section 302 to Sec

3. Harpreet Sawhney vs. Puneet Sharma (10.08.2026 - SC)(MANU/SC/0831/2026)

The Supreme Court of India addressed the dispute between Harpreet Sawhney and Puneet Sharma regarding the adequacy of child maintenance and the Respondent-husband's compliance with maintenance orders.

4. Goodluck India Limited and Ors. vs. Union of India (UOI) and Ors. (06.08.2026 - SC)(MANU/SC/0830/2026)

The Supreme Court of India addressed whether the omission of Rule 96(10) of the Central Goods and Services Tax (CGST) Rules, 2017, should apply to pending proceedings involving claims for refunds of i

5. M. Ganeshan vs. Union of India (UOI) and Ors. (04.08.2026 - SC)(MANU/SC/0829/2026)

The Supreme Court of India addressed the appeal by M. Ganeshan against the Union of India and others, challenging a High Court order that allowed a review application by the respondents. The core issu

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