Cheque Clearance Now Stable, Says NPCI After Initial Delays in Continuous Clearing System Rollout
The National Payments Corporation of India (NPCI) has said that the country’s cheque clearance system has now become stable after some initial...
![RBI Seeks Stakeholders’ Comments on Draft Directions on Lending to Related Parties [Read Draft]](https://images.taxscan.in/h-upload/2025/10/06/250x150_2094262-rbi-rbi-releases-draft-on-master-directions-on-cyber-resilience-digital-payment-security-controls-payment-system-operators-cyber-resilience-and-digital-payment-security-controls-taxscan.webp "RBI Seeks Stakeholders’ Comments on Draft Directions on Lending to Related Parties [Read Draft]")
![RBI Extends Time Limit for Foreign Exchange Outlay in Merchanting Trade Transactions to Six Months [Read Announcement]](https://images.taxscan.in/h-upload/2025/10/04/250x150_2093770-foreign-exchange.webp "RBI Extends Time Limit for Foreign Exchange Outlay in Merchanting Trade Transactions to Six Months [Read Announcement]")
![RBI Bans Loans for Buying Gold and Silver, Allows Finance Only for Businesses Using them as Raw Material [Read Order]](https://images.taxscan.in/h-upload/2025/10/02/250x150_2093246-rbi-rbi-bans-loans-gold-and-silver-finance-only-for-businesses-taxscan.webp "RBI Bans Loans for Buying Gold and Silver, Allows Finance Only for Businesses Using them as Raw Material [Read Order]")
RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments]
The Reserve Bank of India (RBI) has issued seven amendment Directions and Circulars, revising rules on lending against gold and silver, interest rate resets on advances and Basel III capital...
![RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments]](https://images.taxscan.in/h-upload/2025/09/30/500x300_2092755-rbi-rules-on-gold-silver-lending-collateral-basel-iii-eases-loan-facilities-banks-and-businesses-taxscan.webp "RBI Amends Rules on Gold & Silver Lending, Collateral and Basel III; Eases Loan Facilities for Banks and Businesses [Read Amendments]")
ALP of Intra-Group Services Cannot be Nil without Sec. 92C(3) Compliance: Supreme Court Dismisses SLP of American Express Banking Corp [Read Order]
The Supreme Court has dismissed an SLP filed by American Express Banking Corporation against the Delhi High Court ruling on transfer pricing. The HC had upheld the Income Tax Appellate Tribunal’s...
![ALP of Intra-Group Services Cannot be Nil without Sec. 92C(3) Compliance: Supreme Court Dismisses SLP of American Express Banking Corp [Read Order]](https://images.taxscan.in/h-upload/2025/09/26/500x300_2091310-intra-group-supreme-court-slp-american-express-banking-taxscan.webp "ALP of Intra-Group Services Cannot be Nil without Sec. 92C(3) Compliance: Supreme Court Dismisses SLP of American Express Banking Corp [Read Order]")
RBI Mandates Two-Factor Authentication for Digital Payments, Allows Limited Exemptions [Read Judgement]
The Reserve Bank of India (RBI) issued a notification dated September 25, 2025, notifying the “RBI (Authentication mechanisms for digital payment transactions) Directions, 2025.” The directions ...
![RBI Mandates Two-Factor Authentication for Digital Payments, Allows Limited Exemptions [Read Judgement]](https://images.taxscan.in/h-upload/2025/09/25/500x300_2091121-rbi-two-factor-authentication-digital-payments-limited-exemptions-taxscan.webp "RBI Mandates Two-Factor Authentication for Digital Payments, Allows Limited Exemptions [Read Judgement]")
NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]
The National Company Law Tribunal ( NCLT) Cuttack Bench admitted the application filed by Canara Bank citing the default payment of a debt amount beyond Rs, 1 Crore as evident from the Form-C...
![NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]](https://images.taxscan.in/h-upload/2025/09/13/500x300_2086437-nclt-cirp-canara-bank-default-payment-debt-amount-taxscan.webp "NCLT admits CIRP Application of Canara Bank Citing Default payment of a debt amount beyond Rs, 1 Crore [Read Order]")
RBI Central Board Director Dr. Ravindra H. Dholakia re-appointed to NABARD Board of Directors [Read Notification]
The Central Government has re-appointed Dr. Ravindra H. Dholakia to the Board of Directors of the National Bank for Agriculture and Rural Development (NABARD) Dr. Dholakia is currently the...
![RBI Central Board Director Dr. Ravindra H. Dholakia re-appointed to NABARD Board of Directors [Read Notification]](https://images.taxscan.in/h-upload/2025/08/27/500x300_2081150-rbi-rbi-central-board-director-central-board-director-rbi-central-board-taxscan.webp "RBI Central Board Director Dr. Ravindra H. Dholakia re-appointed to NABARD Board of Directors [Read Notification]")