Banks Becoming Liability in Digital Arrest Scams: Supreme Court Issues Strong Warning
The Supreme Court has warned that banks are becoming a liability in digital arrest scams, directing RBI, CBI and Centre to act swiftly to prevent fraud.
RBI’s February 2026 Amendment: NBFCs Can Now Open Branches Without Prior Approval
The RBI has proposed a major amendment to NBFC branch authorisation norms, allowing eligible NBFCs to open branches without prior approval or intimation, marking a shift towards simplified, principle-based regulation.