Statutory updates

Urban Co-operative Banks Miscellaneous Directions

The Reserve Bank of India issued consolidated directions for Urban Co-operative Banks (UCBs) covering operational, administrative, and regulatory matters.

Urban Co-operative Banks Prudential Norms on Capital Adequacy

The Reserve Bank of India issues these Directions to establish prudential norms on capital adequacy for Urban Co-operative Banks (UCBs).

Urban Co-operative Banks Prudential Norms on Declaration of Dividends

The Reserve Bank of India establishes prudential norms for Urban Co-operative Banks regarding dividend declarations.

Reserve Bank of India (Urban Co-operative Banks – Resolution of Stressed Assets) Directions, 2025

These Directions establish a framework for Urban Co-operative Banks (UCBs) to resolve stressed assets.

Reserve Bank of India (Urban Co-operative Banks – Responsible Business Conduct) Directions, 2025

These Directions establish a framework for responsible business conduct by Urban Co-operative Banks (UCBs).

Reserve Bank of India (Urban Co-operative Banks – Transfer and Distribution of Credit Risk) Directions, 2025

The Reserve Bank of India establishes a framework for Urban Co-operative Banks (UCBs) to manage credit risk through loan transfers.

Reserve Bank of India (Urban Co-operative Banks – Treatment of Wilful Defaulters and Large Defaulters) Directions, 2025

The Reserve Bank of India establishes a transparent procedure for Urban Co-operative Banks (UCBs) to identify and classify wilful defaulters.

Urban Co-operative Banks Undertaking of Financial Services Directions

The Reserve Bank of India issues these directions to regulate the financial services provided by Urban Co-operative Banks (UCBs).

Reserve Bank of India (Urban Co-operative Banks – Voluntary Amalgamation) Directions, 2025

The Reserve Bank of India issues these directions to govern the voluntary amalgamation of Urban Co-operative Banks.

Revised Standard Specifications for 3.0 Tesla MRI Machine

The Employees State Insurance Corporation issues revised standard specifications and estimated costs for the MRI Machine 3.0 Tesla.

Revision of timelines for preparation/ completion of Annual Performance Assessment Report (APAR) for the year 2024-25 through SPARROW - Regarding File No: HRD-II/65/2025/APAR/2024-25/14031 dated 28/11/2025

Manpower Sanction for ESIC Hospital, Surat

The Director General approves the manpower sanction for 100 commissioned beds at ESIC Hospital, Surat, based on the 2023 Human Resource Norms.

Probationary Examination Notification for Social Security Assistants

The Employees Provident Fund Organisation conducts the probationary examination for Social Security Assistants of the 2024 batch and for candidates who failed to qualify or…

Telecommunications (Sharing, Trading, and Leasing of Spectrum) Rules, 2025

Additional incentives to distributors for onboarding new individual investors from B-30 cities and women investors

SEBI has introduced a revised incentive structure for mutual fund distributors to encourage outreach to new individual investors from B-30 cities and new women investors across…

CBDT Launches 2nd NUDGE Initiative for Foreign Asset Compliance

The Central Board of Direct Taxes launches the second NUDGE initiative to improve voluntary reporting of foreign assets.

Liability of Principal Employers for Minimum Wages of Outsourced Personnel

The High Court of Andhra Pradesh dismissed two writ petitions filed by the State Bank of India (SBI) challenging orders from the Authority under the Minimum Wages Act, 1948.

Validity of Retrospective Application of Payment of Bonus (Amendment) Act, 2015

The Patna High Court upheld the constitutional validity of the Payment of Bonus (Amendment) Act, 2015, which applied retrospectively from April 1, 2014.