
Draft Guidelines Issued on Prudential Framework for Project Loan Advances
RBI released a draft guideline on May 3, 2024, detailing the prudential framework for financing project loans.

RBI released a draft guideline on May 3, 2024, detailing the prudential framework for financing project loans.

Circular dated May 15, 2024, regarding the applicability of RFCTLARR Act, 2013, in land acquisition processes under the NH Act, 1956.

The RBI, through its circular dated May 21, 2024, mandates the regularization of the issuance of partly paid-up units by AIFs.

New directives vide circular dated May 8, 2024 that allows authorized dealers, to post and collect margins for permitted derivative contracts.

Amendments to its Master Direction on Risk Management and Inter-Bank Dealings, impacting Authorized Persons, including Standalone Primary Dealers (SPDs).

Interest Free Loans to Bank Employees are Taxable as Perquisites: All India Bank Officers’ Confederation vs. The Regional Manager, Central Bank of India & Ors.

Interest Free Loans to Bank Employees are Taxable as Perquisites: All India Bank Officers’ Confederation vs. The Regional Manager, Central Bank of India & Ors.

Infrastructure Development Must Co-Exist with Environmental Law: Tapas Guha and Ors. v. Union of India and Ors.

Award passed by an arbitrator cannot be set aside for patent illegality on the basis of unsubstantiated allegations.

Rehabilitation and resettlement award should be passed by the ‘Competent Authority’ and not the ‘Collector’ of the district.
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