![FinMin Amalgamates 20 RRBs into 8 Consolidated Entities in 6 States under Union Bank, PNB, SBI, BoB, Canara & Indian Bank [Read Notification]](https://images.taxscan.in/h-upload/2026/01/17/500x300_2120217-union-bank-punjab-national-bank-state-bank-of-india-bank-of-baroda-canara-bank-regional-rural-banks-indian-bank-rrb-amalgamation-2025-pnb-rrb-amalgamation-sbi-rrb-merger-union-bank-rrbs-taxscan.webp "FinMin Amalgamates 20 RRBs into 8 Consolidated Entities in 6 States under Union Bank, PNB, SBI, BoB, Canara & Indian Bank [Read Notification]")
FinMin Amalgamates 20 RRBs into 8 Consolidated Entities in 6 States under Union Bank, PNB, SBI, BoB, Canara & Indian Bank [Read Notification]
The changes are slated to streamline the regional banking sector across the 6 states and strengthen credit delivery. The Department of ...
![Relief to Indian Bank: DRAT Dismisses Securitization Application in absence of Evidence to indicate illegality of order passed u/s 14 of SARFAESI Act [Read Order]](https://images.taxscan.in/h-upload/2025/08/27/250x150_2080913-indian-bank-drat-securitization-application-sarfaesi-act-taxscan.webp "Relief to Indian Bank: DRAT Dismisses Securitization Application in absence of Evidence to indicate illegality of order passed u/s 14 of SARFAESI Act [Read Order]")
![Madras HC dismisses Challenge against DRAT order Allowing Sale of 42.24 acres by Indian Bank citing Non sale of whole property [Read Order]](https://images.taxscan.in/h-upload/2025/07/24/250x150_2068385-madras-hc-dismisses-challenge-against-drat-order-madras-hc-challenge-of-drat-order-taxscan.webp "Madras HC dismisses Challenge against DRAT order Allowing Sale of 42.24 acres by Indian Bank citing Non sale of whole property [Read Order]")
![‘HCs Should Refrain from Entertaining Article 226 Petitions Where SARFAESI Remedy Exists’: Patna HC in Indian Bank Case [Read Order]](https://images.taxscan.in/h-upload/2025/07/10/250x150_2062464-hcs-should-refrain-from-entertaining-article-226-petitions-article-226-petitions-taxscan.webp "‘HCs Should Refrain from Entertaining Article 226 Petitions Where SARFAESI Remedy Exists’: Patna HC in Indian Bank Case [Read Order]")
![Filing petition u/s 7 of IBC not barred by Majoritys Consideration of Debt Restructuring with corporate debtor: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/corporate-debtor-IBC-Filing-petition-of-IBC-taxscan.jpg "Filing petition u/s 7 of IBC not barred by Majoritys Consideration of Debt Restructuring with corporate debtor: NCLAT [Read Order]")
Security Creditors Registered with CERSAI have Priority over other Debts and Taxes u/s 26E of SARFAESI Act: Bombay High Court [Read Order]
The Bombay High Court ruled that security creditors registered with the Central Registry of Securitisation Asset Reconstruction and Security Interest of India ( CERSAI ) have priority over other...
Interim Resolution Professional can Continue to Function till Date of Appointment of Resolution Professional: NCLT
The Indore Bench of the National Company La Tribunal ( NCLT ) observed that the interim resolution professional can continue to function till the date of appointment of the resolution professional. ...
Service Tax Liability lies on Indian Bank if Any Bank Charges paid by Indian Bank to Foreign Banks in Connection with Import or Export of Goods: CESTAT [Read Order]
The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the service tax liability lies on the Indian Bank if any bank charges are paid by the Indian Bank to...
![Service Tax Liability lies on Indian Bank if Any Bank Charges paid by Indian Bank to Foreign Banks in Connection with Import or Export of Goods: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Service-Tax-Liability-Indian-Bank-Bank-Charges-Indian-Bank-Foreign-Banks-Import-Export-Goods-CESTAT-TAXSCAN.jpeg "Service Tax Liability lies on Indian Bank if Any Bank Charges paid by Indian Bank to Foreign Banks in Connection with Import or Export of Goods: CESTAT [Read Order]")
Date of Message Exchange b/w Indian and Foreign Banks to be considered for Registration of L/Cs due to Fraudulent Practices: DGFT [Read Circular]
The Director-General of Foreign Trade (DGFT) has issued a trade notice clarifying that the date of message between Indian and foreign banks will be considered for the registration of L/Cs due to...
![Date of Message Exchange b/w Indian and Foreign Banks to be considered for Registration of L/Cs due to Fraudulent Practices: DGFT [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/05/Date-Message-Exchange-Indian-Foreign-Banks-Registration-LCs-Fraudulent-Practices-DGFT-Taxscan.jpeg "Date of Message Exchange b/w Indian and Foreign Banks to be considered for Registration of L/Cs due to Fraudulent Practices: DGFT [Read Circular]")
