How RBI’s October 2025 Policy measures Affect Depositors to Exporters

Reserve Bank Functions and news, Uncategorized

The Reserve Bank of India (RBI) recently released its  ‘Statement on Developmental and Regulatory Policies’, outlining reforms across banking regulation, foreign exchange, consumer protection, and financial markets. These measures reflect RBI’s twin priorities: strengthening financial stability and making regulations more business- and consumer-friendly.  What’s New in Banking Regulation? * Expected Credit Loss (ECL): RBI plans…

RBI Tightens PA Rules: Capital, Merchant Due Diligence, Escrow, and Cross‑Border Caps Explained

Reserve Bank Functions and news

Article:The Reserve Bank of India has issued a consolidated Master Direction regulating all Payment Aggregators that unifies rules for online, proximity (physical), and cross‑border operations, tightening norms on authorization, capital, security, KYC, and fund settlement with immediate effect from mid‑September 2025. Key changes include three PA categories (PA‑O, PA‑P, PA‑CB), fresh net‑worth thresholds, stricter merchant…

Powers to Inspect Bankers’ Books, Appeal and Revision in Banking Law

BRBL, Legal and Regulatory aspects of banking

Banking law provides a well‑defined framework for inspection of bankers’ books, investigation procedures, and the mechanism for appeal and revision of orders. These powers are essential to ensure transparency, accountability, and regulatory oversight within the banking system. Below is an overview of these provisions and how they impact banks, regulators, and customers. Inspection of Bankers’…

Limited Liability Partnership Act, 2008 — Definitions, Incorporation, Partner Relations, and Conversion

BRBL, Legal and Regulatory aspects of banking

Limited Liability Partnerships (LLPs) combine the flexibility of partnerships with the limited liability of companies, making them a popular vehicle for professionals and growth enterprises under India’s dedicated statute, the Limited Liability Partnership Act, 2008. Definitions Incorporation Partners and Their Relations Conversion to LLP Why LLPs Matter for Banking and Finance Drafting Tips for LLP…

Transfer of Property Act, 1882 — Sale, Mortgage, Leases, and Actionable Claims

BRBL, Legal and Regulatory aspects of banking

The Transfer of Property Act, 1882 (TPA) codifies how property rights are transferred inter vivos in India, with a primary focus on immovable property and core instruments like sale, mortgage, lease, gift, exchange, and transfer of actionable claims. It operates alongside the Indian Contract Act and specific sectoral laws, shaping enforceability, priorities, and remedies in…

Right to Information Act, 2005 — Applicability and Key Definitions

BRBL, Legal and Regulatory aspects of banking

The Right to Information Act, 2005 (RTI Act) establishes a statutory right for citizens to access information held by public authorities, with time-bound procedures that promote transparency and accountability in governance. The law came into force on 12 October 2005 and replaced the Freedom of Information Act, 2002, embedding proactive disclosure and clear appellate remedies…

RTI — Obligations of Public Authorities, Procedure, Disposal, Appeals, and Penalties

BRBL, Legal and Regulatory aspects of banking

The Right to Information Act, 2005 mandates structured record management, proactive disclosure, and time-bound responses by public authorities, enforced through a two-tier appeals system and personal penalties for non-compliance, shaping day-to-day governance transparency in India. Obligations of public authorities Procedure to seek information Disposal of request Appeal mechanism Penalties and disciplinary action Practical tips for…

Prevention of Corruption Act, 1988 — Definitions, Special Judges, Offences, Penalties, Fines, and Investigation

BRBL, Legal and Regulatory aspects of banking

The Prevention of Corruption Act, 1988 creates a consolidated framework to criminalize corruption involving public servants and connected private actors, establishes special courts for speedier trials, and prescribes clear investigation, prosecution, and penalty mechanisms. Definitions Special Judges Offences Penalties and fixing of fines Sanction, presumptions, and appeals Investigation authorization and powers Compliance and governance takeaways…