RBI cancels registration of 150 NBFCs
→NBFC reference-data teams must remove 150 cancelled registrations
India
422 briefs · 2 new
TRAI amends digital-connectivity rating rules for properties
→Property digital-connectivity ratings must use TRAI’s amended assessment framework
Reserve Bank of India removes prior approval for non-bank outward-remittance tie-ups
→AD banks must own FEMA, KYC and settlement controls for remittance tie-ups
India approves MSP increases for 14 Kharif crops for 2026–27 marketing season
→Agri procurement teams must update Kharif crop price floors for 2026–27
Union Cabinet extends Airports Authority of India land lease for Nagpur Airport licensing
→Nagpur Airport PPP concession execution now depends on the AAI-to-MIL lease running beyond 06.08.2039 so MIL can license the airport to GNIAL for a 30-year term from COD
SEBI penalises Religare ex-chairperson over insider trading in open-offer matter
→Listed-company compliance teams must tighten KMP trade approvals around open-offer discussions
SEBI penalises Dwaith Advisory for excess investment-adviser fees
→Investment advisers need accredited-investor proof before using flexible fee terms
BY MAY 13
India revises customs duty on precious-metal findings and spent catalyst
→Jewellery importers must apply revised duty rates to findings and spent catalyst
DGFT prohibits sugar exports until 30 September 2026
→Sugar exporters must stop new exports unless a DGFT carve-out applies
DGFT opens UIN correction window for EPM interest-subvention claims
→Banks must credit eligible EPM interest subvention from loan disbursal date
India launches maritime insurance pool with sovereign guarantee
→Indian maritime operators can route war-risk cover through the new domestic pool
Reserve Bank of India cancels Sarvodaya Co-operative Bank licence
→Sarvodaya Co-operative Bank deposit-taking and deposit repayment must stop from close of business 2026-05-12 under the licence-cancellation order