No Regulatory Ban on Offshore Crypto Platforms: FIU-IND Registers VASPs Under PMLA while RBI Issues Warnings on Risks to Public
Amid rising concerns over the operation of offshore cryptocurrency platforms within India, the Ministry of Finance has clarified that there is...
![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]")
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...
Subsidy Received by BOI from RBI Cannot be Treated as 'Interest' Chargeable u/s 4 of Income Tax Act: Bombay HC [Read Order]
The Bombay High Court held that the amount of subsidy received by the Bank of India (BOI) from RBI cannot be treated as 'interest' chargeable under Section 4 of the Income Tax Act, 1961. The...
![Subsidy Received by BOI from RBI Cannot be Treated as Interest Chargeable u/s 4 of Income Tax Act: Bombay HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/500x300_2050461-boi-rbi-taxscan.webp "Subsidy Received by BOI from RBI Cannot be Treated as Interest Chargeable u/s 4 of Income Tax Act: Bombay HC [Read Order]")
