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Nov 16 2021

All about the Newly Launched Integrated Ombudsman Schem...

The Indian PM launched the integrated ombudsman scheme recently, which seeks to strengthen the grievance redress mechanism for consumers belonging to diffe...

Nov 09 2021

Uniform norms issued for accountability to protect bona...

The finance ministry recently issued uniform norms- staff accountability framework for NPA accounts up to 50 crore rupees to protect people taking bonafide...

Oct 16 2021

Supreme Court’s stance on Freezing of Bank Accounts u...

The Supreme Court recently allowed an appeal filed by OPTO circuit India Ltd. that challenges an order of the Karnataka High Court. Additionally, the Supre...

Sep 22 2021

Delhi District Court entitles accused legal consultatio...

Accused under the PMLA are entitled to 20 minutes of legal consultation each day while in the custody of the ED, as stated by the Delhi Court. The Rouse Av...

Aug 12 2020

Online Dispute Resolution System for Digital Payments...

In a major development, the Reserve Bank of India (RBI) announced the introduction of the Online Dispute Resolution system for resolving disputes and griev...

May 14 2020

Relaxations Provided to Employers, Employees, Real Esta...

Finance Minister Nirmala Sitharamanan has announced direct tax measures as part of the Covid-19 relief package. Prime Minister Mr. Narendra Modi had alread...

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Jan 15 2020

RBI Initiates Video Based KYC as an Alternative to alre...

RBI on Thursday issued news circular stating the introduction of Video based KYC which shall serve as an alternative to already available e-KYC facility. A...

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