Chhattisgarh HC: Complaints Without Disciplinary Action Cannot Affect a Judge's Seniority  ||  Delhi HC Upholds Selection of India's Dressage Team For the 2026 Asian Games  ||  MP High Court Orders State to Airlift Gas Pipeline Blast Victim to Ahmedabad For Treatment  ||  Delhi HC: Memorandum of Past Oral Family Settlement Needs No Registration if No New Rights Arise  ||  Chhattisgarh HC: Denying Marriage in Live-In Relationship Does Not Constitute Rape  ||  Madhya Pradesh High Court: BSF Must Assess Criminal Charge Gravity Before Declaring Candidate Unfit  ||  Bihar Tender Scam: Patna High Court Bars Media From Calling Accused 'Scamster' Before Trial  ||  Gujarat HC Terms Plea ‘Wholly Misconceived’ and Imposes Rs. 2 Lakh Cost over ASI Somnath Survey  ||  Gauhati HC Differs on Whether ED’s ‘Reason To Believe’ For Property Attachment is Confidential  ||  MP High Court Grants Bail To Tehelka Journalist, Noting Implication After Exposing Foeticide Racket    

SC Strikes Down RBI Circular on Defaulting Firms, Calls it Unconstitutional - (02 Apr 2019)

BANKING

Supreme Court has quashed a Reserve Bank of India circular of February 12, 2018, asking banks to classify a loan account as stressed if there was even a day of default and it also termed the order as unconstitutional.

Tags : SUPREME COURT   RESERVE BANK OF INDIA  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved