Exposure Norm/Other Restrictions for Urban Cooperative Banks (UCBs)
The RBI issued guidelines on Exposure Norm and Statutory/Other Restrictions for UCBs vide circular RBI/2023-24/114,DoR.CRE.REC.71/07.10.002/2023-24.
February 6, 2024
The RBI issued guidelines on Exposure Norm and Statutory/Other Restrictions for UCBs vide circular RBI/2023-24/114,DoR.CRE.REC.71/07.10.002/2023-24.
Certified copies of specimen signatures stored by the Bank on its documents can be evidence of genuineness of the signature on the cheque.
Banks cannot arbitrarily charge high varying interest rates without proper justification and due intimation to and consent of the borrower.
IRDAI has proposed to do away with the requirement of obtaining prior approval for the listing of shares of insurers on stock exchanges.
In Koshy Varghese v UOI, [WRIT PETITION No.5628 OF 2022 (GM-PASS)], the Karnataka High Court has held that a bank does not have the jurisdiction to withhold passport or OCI card beyond 15 days.
In DBS Bank Limited, Singapore v Ruchi Soya Industries Limited and Another (2024 INSC 14), decided on Jan 3, 2024.
The Central Government has set up a Central Processing Centre (CPC) for processing and disposing of e-forms.
HC has refused to interfere with recruitment to the sports coach post, holding the employer to be best suited to decide on the qualifications.
HC has held that the amount earned from the sub-licensing of sports broadcasting rights towards live transmission is not royalty income.
Through a circular dated January 5, 2024, the All India Football Federation notified members of the Internal Complaints Committee.
The Bar Council of India does not permit advertisement or solicitation by advocates in any form or manner.
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