SC: High Courts Exercising Probate Jurisdiction Can Order Probes Into Estate Irregularities  ||  SC: High Courts Exercising Probate Jurisdiction Can Order Probes Into Estate Irregularities  ||  Supreme Court Grants Bail to Undertrial Jailed For 9 Years, Citing Violation of Article 21 Rights  ||  Supreme Court: Appellate Courts Reversing Acquittal Must Themselves Hear Convicts on Sentence  ||  SC: Party Accepting Extension of Arbitrator’s Mandate Cannot Later Challenge Award on Expiry Grounds  ||  Supreme Court: Life Sentence Can Be Modified Into a Fixed-Term Sentence in Appropriate Cases  ||  Supreme Court Upholds EC Authority to Conduct SIR of Electoral Rolls For Free & Fair Elections  ||  Supreme Court Expresses Concern over NEET-UG 2026 Cancellation, Stating NTA Has Not Learned Lessons  ||  Supreme Court: Off-Duty Anaesthetist Cannot be Held Criminally Liable For Nurse’s Procedural Error  ||  Centre To Delhi HC: Eviction of Delhi Gymkhana Club Will be Carried Out After Due Notice under Law    

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