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RBI Expands Exemptions Under Large Exposures Framework for Priority Sector Lending Shortfalls
The Reserve Bank of India (RBI) issued notification dated June 9, 2025, expanding the scope of exemptions under its Large Exposures Framework (LEF)....
![RBI Removes Restrictions on Use of Brickwork Ratings for Capital Adequacy Calculations [Read Notification]](https://images.taxscan.in/h-upload/2025/06/10/250x150_2041950-rbi-brickwork-ratings-capital-adequacy-calculations-taxscan.webp "RBI Removes Restrictions on Use of Brickwork Ratings for Capital Adequacy Calculations [Read Notification]")
![RBI Clarifies Prudential Treatment of PSL Shortfall Contributions by Urban Co-operative Banks [Read Notification]](https://images.taxscan.in/h-upload/2025/06/10/250x150_2041963-rbi-banks-shift-bankin-domains-october-31-taxscan-1-1.webp "RBI Clarifies Prudential Treatment of PSL Shortfall Contributions by Urban Co-operative Banks [Read Notification]")
Operation White Veil: DRI, Customs, Assam Rifles and Manipur Police Seize ₹55 Crore worth Heroin, Opium and Walkie Talkies
In a significant crackdown on drug trafficking in the North Eastern Region, a special operation codenamed “Operation White Veil” led to the seizure of contraband drugs and cash worth approximately...
Absence of Formal Demand Notice for Property Tax Does not Let off Assessee's Obligation to Pay: Kerala HC [Read Order]
The Kerala High Court ruled that the assessee is still obligated to pay property taxes even if there isn't a formal demand notice for them while the case is pending. The Division Bench,...
![Absence of Formal Demand Notice for Property Tax Does not Let off Assessees Obligation to Pay: Kerala HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041791-demand-notice-property-tax-kerala-high-court-taxscan.webp "Absence of Formal Demand Notice for Property Tax Does not Let off Assessees Obligation to Pay: Kerala HC [Read Order]")
