SC Refuses to Entertain Petition Seeking Direction for Union to Establish Ministry for Sr. Citizens  ||  SC: Can’t Review Orders Solely on Ground that Consent Was Not Provided in Writing  ||  NCLT Orders Liquidation of Budget Air Carrier Go First Airways  ||  Kerala HC: Diocese Not Entitled to Claim Compensation for Death of Deceased Priest  ||  SC: Cannot Declare Judgement of High Court Illegal Under Article 32 of COI  ||  Supreme Court Explains Doctrine of Merger  ||  SC: Arresting Accused Once Chargesheet is Filed and Cognizance is Taken is Unusual  ||  SC: Arresting Accused Once Chargesheet is Filed and Cognizance is Taken is Unusual  ||  SC: Order Reserving Posts for Women in Delhi HC and Bar Association Apply to NGT Bar Association  ||  SC Expresses Concern Over Lack of Scope to Reduce Marks of Candidate for Designation as Sr. Advocate    

SC: NBFCs Cannot be Regulated by State Enactments - (11 May 2022)

BANKING

Supreme Court has ruled that state laws cannot govern Reserve Bank of India-regulated non-banking financial companies (NBFCs). The top court stated that NBFCs, whose operations are regulated by the RBI, play a critical role in contributing to the country's financial health.

Tags : SUPREME COURT   NON-BANKING FINANCIAL COMPANIES   RESERVE BANK OF INDIA  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved