The resolute efforts made by the Reserve Bank of India to tackle bank frauds and take action against wilful defaulters have resulted in a material reduction of Non-Performing Assets (NPAs) in the banking system, RBI apprised the Supreme Court on Wednesday
Supreme Court upholds demonetisation by 4:1 majority, with most of the justices holding the decision to be legal, while Justice B.V. Nagarathna dissents to hold that the November 8, 2016 notification was unlawful
Allahabad High Court division bench of while hearing a PIL filed by Sakshi ssued notice to the Reserve Bank of India on a petition seeking a CBI inquiry against the Indian Mercantile Co-operative Bank.
Jammu and Kashmir High Court while observing that the court can't enter into the realm of government's policy decisions disposes of a PIL seeking Union Finance Ministry and RBI to issue appropriate notification permitting opening of Shariah Compliant windows in all branches of J &
K Bank.