Snippets

On April 7, the Federal Reserve chair and U.S. Treasury secretary called an emergency meeting with America’s top bank CEOs. The reason: an AI model capable of autonomously hacking major corporat

Amazon's cloud infrastructure is on the mend after an unexpected overheating incident led to outages affecting numerous services, including Coinbase. This is the second time in recent months that temp

ITAT Mumbai held that prolonged non-payment of interest and repeated amendments to loan agreements justified benchmarking AE loans at a fixed 6.5% rate instead of floating LIBOR rates. The Tribunal al

IFSCA amended its TechFin and Ancillary Services Regulations to create a separate regulatory framework for Trust and Company Services Providers in IFSCs. The amendment introduces registration, governa

RBI amended the capital adequacy norms for Payments Banks by revising rules for inclusion of quarterly profits in CET1 capital. The new framework allows quarterly profit recognition subject to audit a

RBI amended the capital adequacy norms for Small Finance Banks by revising provisions governing inclusion of quarterly profits in CET1 capital. The new framework prescribes audit requirements and a re

The IFSCA amended the Finance Company Regulations, 2021 to permit Special Purpose Vehicles (SPVs) to undertake leasing and financing activities. The amendment also prescribes minimum fund requirements

As India leads global digital asset adoption, building a robust trust infrastructure is critical. The article emphasizes a systems approach, involving platforms, regulators, and users, to combat evolv

SEBI stated that improved cyber resilience, alternate trading sites, and contingency trading frameworks made the IRRA platform unnecessary. The circular supersedes the earlier 2022 framework establish

The NCLT Bengaluru admitted insolvency proceedings against the Corporate Debtor after finding that loan documents, statements of accounts, and recall notices established existence of debt and default.