![Person Found Guilty Under FEMA Cannot Seek Compounding After Adjudication: Calcutta HC Upholds RBI’s Rejection [Read Order]](https://images.taxscan.in/h-upload/2025/08/16/500x300_2077551-fema-adjudication-calcutta-hc-rbi-taxscan.webp "Person Found Guilty Under FEMA Cannot Seek Compounding After Adjudication: Calcutta HC Upholds RBI’s Rejection [Read Order]")
Person Found Guilty Under FEMA Cannot Seek Compounding After Adjudication: Calcutta HC Upholds RBI’s Rejection [Read Order]
In a recent ruling, the Calcutta High Court held that a person found guilty under the Foreign Exchange Management Act, 1999 (FEMA) cannot seek...
![RBI Allows Non-Residents to Invest Trade Surplus from SRVAs in Government Securities [Read Circular]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076435-rbi-allows-srva-surplus-investment.webp "RBI Allows Non-Residents to Invest Trade Surplus from SRVAs in Government Securities [Read Circular]")
![RBI Issues Directions for Co-Lending Arrangements Between Banks and NBFCs to Streamline Joint Lending Practices [Read Notification]](https://images.taxscan.in/h-upload/2025/08/08/250x150_2074448-rbi-issues-nbfcs-bank-taxscan.webp "RBI Issues Directions for Co-Lending Arrangements Between Banks and NBFCs to Streamline Joint Lending Practices [Read Notification]")
![RBI Allows AD Banks to Open Rupee Vostro Accounts Without Prior Approval [Read Circular]](https://images.taxscan.in/h-upload/2025/08/08/250x150_2074391-rbi-vostro-account.webp "RBI Allows AD Banks to Open Rupee Vostro Accounts Without Prior Approval [Read Circular]")
Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]
In a recent case, the Calcutta High Court upheld the Debts Recovery Appellate Tribunals (DRATs) order dismissing the appeal of Micro, Small and Medium Enterprise (MSME) against the action of the ...
![Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]](https://images.taxscan.in/h-upload/2025/08/01/500x300_2071821-sarfaesi-act-taxscan.webp "Calcutta HC Upholds DRAT Order dismissing Appeal of MSME against action of Bank under SARFAESI Act [Read Order]")
RBI releases Draft Master Direction on ‘Digital Banking Channels Authorisation’: invites Comments from Public and Stakeholders [Read Order]
The Reserve Bank of India (RBI) has issued the draft Master Direction – Digital Banking Channels Authorisation (Directions), 2025 and opened the same up to receive feedback from the public. The...
![RBI releases Draft Master Direction on ‘Digital Banking Channels Authorisation’: invites Comments from Public and Stakeholders [Read Order]](https://images.taxscan.in/h-upload/2025/07/30/500x300_2070721-rbi-draft-digital-banking-channels-taxscan.webp "RBI releases Draft Master Direction on ‘Digital Banking Channels Authorisation’: invites Comments from Public and Stakeholders [Read Order]")
Cyber and Financial Frauds Surge in India: Over 1.45 Lakh Cases, ₹101.8 Crore Lost in 2024-25: Government to ramp up Security and Recovery Efforts
India witnessed a sharp increase in cyber and financial frauds in the financial year 2024-25, with more than 1.45 lakh cases reported and losses exceeding ₹101.8 crore, according to official data...
Bank Frauds in India Decline by 61% in FY 2024-25 as RBI Strengthens KYC and Transaction Monitoring Systems: Lok Sabha Answer by FinMin
India has recorded a dramatic reduction in bank frauds in the financial year 2024-25, with cases falling by over 61 percent compared to the previous year, according to data released by the Ministry...
