RBI Maintains Repo Rate After Budget Announcement
The Monetary Policy Committee (MPC) met on the 4th, 5th and 6th of February to deliberate and decide on the policy repo rate. After a detailed assessment of theevolving macroeconomic conditions and the outlook, the MPC voted unanimously to keep the policy repo rate unchanged at 5.25 per cent; consequently, the standing deposit facility (SDF)…
Read article RBI’s KYC Reset 2025: What the New Directions Mean for Banks, Payments and Customers
Key Takeaways for Banks and Customers The Reserve Bank of India (Commercial Banks – Know Your Customer) Directions, 2025 represent a comprehensive reset of the KYC framework for commercial banks. Replacing the long-standing 2016 KYC Master Direction, the new Directions harmonise KYC references across the banking and payment ecosystem while strengthening customer due diligence, accountability,…
Read article 🔥 RBI Cuts Repo Rate by 25 bps: Inflation Cools, Policy Turns Supportive
The Monetary Policy Committee (MPC) held its 58th meeting from December 3–5, 2025, under the chairmanship of Shri Sanjay Malhotra, Governor, Reserve Bank of India. The Committee noted a sharp moderation in headline inflation, which has softened more than earlier projections—primarily due to exceptionally benign food prices. Reflecting these favourable conditions, the MPC has further…
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When Police Refuse to Register an FIR: Legal Remedies Under CrPC & BNSS
(A Practical Guide for Banks and financial institutions) 1. Understanding FIR, Section 154 CrPC and Section 173 BNSS Section 154 CrPC governs how police must record information relating to cognizable offences. Registration of an FIR for cognizable offences is a mandatory duty of the police. When an officer in charge refuses to register an FIR,…
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Police Power to Freeze Bank Accounts: Understanding Section 102 CrPC / Section 106 BNSS
Police in India can direct banks to freeze or seize an account if, during investigation, they develop a reasonable suspicion that the account is linked to a crime, but this power is not unlimited and is subject to statutory safeguards and judicial review. The Supreme Court has clarified that a bank account is “property” for…
Cheque Bounce — Is it Necessary to Make Unregistered Firms an Accused? (Updated as of 2025)
A common question arises whether an unregistered partnership firm can be made an accused under Section 141 of the Negotiable Instruments Act, 1881 (NI Act), and whether the firm itself must be arraigned as an accused along with its partners for cheque bounce offences under Section 138. Historically, ambiguity persisted due to Section 69 of…
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