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...
![Gold and Silver Can Be Used as Voluntary Collateral for Agri and MSME Loans: RBI [Read Notification]](https://images.taxscan.in/h-upload/2025/07/14/250x150_2063556-msme-loans-gold-sliver-agri.webp "Gold and Silver Can Be Used as Voluntary Collateral for Agri and MSME Loans: RBI [Read Notification]")
RBI Appoints Kesavan Ramachandran as New Executive Director: In-Charge of Department of Regulation (Prudential Regulation Division)
The Reserve Bank of India (RBI) has announced the appointment of Kesavan Ramachandran as Executive Director (ED) with effect from July 1, 2025. The appointment was announced via an official...
NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]
The National Company Law Appellate Tribunal (NCLAT) upheld the assignment of unsustainable debt under the resolution plan, finding it in compliance with Section 9(1)(e) of the SARFAESI Act and...
![NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055170-nclat-debt-sarfaesi-section-91e-rbi-clause-taxscan.webp "NCLAT Upholds Assignment of Unsustainable Debt to Resolution Applicant; Finds No Violation of SARFAESI Section 9(1)(e) & RBI Clause 10.1(v) [Read Order]")
RBI Issues Revised Operational Guidelines for Depositor Education and Awareness Fund Scheme [Read Notification]
The Reserve Bank of India (RBI) issued a Notification dated June 25, 2025, revising operational guidelines under the Depositor Education andAwareness (DEA) Fund Scheme, 2014. The updated framework...
![RBI Issues Revised Operational Guidelines for Depositor Education and Awareness Fund Scheme [Read Notification]](https://images.taxscan.in/h-upload/2025/06/27/500x300_2055141-acca.webp "RBI Issues Revised Operational Guidelines for Depositor Education and Awareness Fund Scheme [Read Notification]")
No Action from Bank on Mistyped Account Number causing Loss of Funds, Senior Citizen gets Refund, Compensation Order from Consumer Forum
What began as a routine health insurance premium payment ended in a two-year legal struggle for 69-year-old Vanga Krishna Reddy, a resident of Peerzadiguda, Hyderabad. A minor typographical error...
