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BANK LITIGATION
ARCs seek govt help to speed up recoveryAsset reconstruction companies have called for improved government intervention to accelerate debt recovery through DRTs. They proposed cha...
Ashok Leyland's best year in its history, and what the annual report says about holding on to itAshok Leyland sold more commercial vehicles in FY26 than in any year since it was founded, earned its highest-ever profit, and closed with ...
Mother nominated son in her savings bank a/c, but both died, father faced long delay in getting funds; Consumer Commission orders Rs 10,000 compensationErnakulam, Kerala: Husband faced challenges and long delay in accessing late wife’s savings bank account as nominee died; Consumer commissi...
India's commercial vehicle market just had its best year in seven. Then the June quarter arrived, and margins fellThere is, at this point, an apparent contradiction at work in the Indian commercial vehicles space. One: FY 2026 was the best of the last s...
ICICI Bank receives Rs 229 crore GST demand over minimum balance servicesICICI Bank has received a show cause notice from GST authorities regarding a ₹229.14 crore demand. This demand pertains to services provide...
SC draws the line on Fortis audit, says no ‘fishing and roving’ probe into banksThe Supreme Court clarified the forensic audit's focus is on Fortis Healthcare Holdings Private Limited and the Singh Brothers. This audit ...
College sports gets its Congress moment: Inside the Senate-passed Protect College Sports ActThe Protect College Sports Act was passed by the US Senate, setting federal rules for college athletics. This legislation governs how athle...
In healthcare, the patient is the least informed consumerSignificant price differences in healthcare consumables have drawn attention, prompting calls for better consumer protection. Maharashtra's...
SC refuses UPI MDR stay; Nvidia unveils tools for rogue AIThe Supreme Court has refused to stay MDR on select UPI transactions and sought Centre’s response. This and more in today’s ETtech Top 5.
5 rule changes from October 1: SBI ATM charges, MDR on UPI, bulk FD rates, KYC for LPG subsidy and moreIn October 2026, significant changes to banking and finance regulations will take effect, impacting numerous services. Furthermore, the Res...
₹2,000+ UPI payment charges: SC refuses interim stay on 0.4% MDR, issues notice to govt, RBI, NPCI and othersThe Supreme Court has declined to grant an interim stay on the government’s new merchant discount rate policy. This policy imposes a 0.4% c...
MDR on UPI payments above Rs 2,000: Supreme Court to hear challenge plea on MondayEnding nearly six years of fully free UPI payments, the government has introduced a 0.4 per cent fee on transfers worth over Rs 2,000 made ...
SC clears forensic audit of Fortis-IHH deal involving erstwhile Religare promoters Singh brothersThe Supreme Court has cleared the way for a Delhi High Court-appointed forensic auditor to examine transactions involving Fortis Healthcare...
Explainer-Why the court fight over the White House media ban isn't overThe Trump administration complied with a judge's order to reinstate access for three media outlets. US District Judge Timothy Kelly identif...
- Lesson from HDFC Bank controversy: Boards of companies should not conduct business in haste
Directors are custodians of various interests - shareholders, customers, the state, regulators, industry, employees.... They often encounte...
Tata Sons vs Trusts may shift from boardroom to courtroomTata Trusts, led by Noel Tata, is preparing to challenge Tata Sons’ decision to reappoint N Chandrasekaran as chairman, potentially taking ...
Tata Group stocks reel from aftershocks as Trusts opposes third term for N ChandraTata stocks plummeted on Friday due to opposition from Tata Trusts, who contested the reappointment of N Chandrasekaran as chairman by the ...
SC asks RBI to secure compliance of norms on seizure of financed vehicles by NBFCs, banksThe Supreme Court mandated the RBI to enforce lawful vehicle repossession rules. Financial institutions cannot seize vehicles without due l...
HDFC credit card holder lost Rs 1.39 lakh in an unauthorised transaction, bank says card details and OTP were used; court orders HDFC Bank to pay him Rs 1.75 lakhAn HDFC Bank credit card holder disputed a Rs 1,39,901 online transaction he said he had never authorised. HDFC Bank argued that card detai...
Bank of India ordered to pay Rs 15,000 to Kerala man after delay in releasing deceased wife's savingsA Kerala consumer commission ordered Bank of India to pay compensation. The bank delayed releasing a deceased woman's savings to her elderl...