percent as per data from the RBI. In
the present case we are of the view that this inflationary principle must
be adopted
empowers the RBI to appoint Additional
Directors there is no provision which empowers RBI to direct
that no decision of the Board of Directors would ... much in know of things to gain under
advantage.
The data given by the RBI relating to some other
amalgamation i.e. in cases
RBI with effect from
01.04.1999 under which the banks and notified All India Financial
Institutions were required to submit to the RBI the details ... from the banks
of wilful default, every three months. The data with the RBI
will also be accessible directly by the banks concerned after
under clause (c) of
sub-section (1) of Section 8 of the RBI Act.
27. Learned Senior Counsel further submits that, in the
present case ... placed before the Central Board of RBI and the
relevant research papers, background notes,
information, data, report, etc.;
c) The recommendation of the Central Board
RBI and
which, to say the least, are alarming, need to be set out. The
Annual Report of RBI for 2024-25 indicates that while ... learned Senior Advocate,
appearing for the RBI, at the outset, clarified that the role of
the RBI was confined to issuing supervisory directions. The
supervisory
That the RBI is vested with the responsibility of regulation and
supervision of the banking system. As part of its supervisory role, RBI
supervises ... financial parameters and engaging banks in dialogue through periodical
meetings. RBI may take supervisory actions where warranted for violations
of its guidelines/directives. The supervisory
Jaypee Kensington Boulevard ... vs Nbcc (India) Ltd on 24 March, 2021
Equivalent citations: AIRONLINE 2021
respondents not to restrict or restrain banks and
financial institutions regulated by RBI, from providing access to the
banking services, to those engaged in transactions ... impugned Statement and Circular of RBI:
1.4. The Statement dated 05-04-2018 issued by RBI, impugned
in these writ petitions, sets out various developmental
delegated
nor abdicated. The measures formulated by the Ministry of
Finance and RBI have to have the approval and sanction of the
24
National Authority ... such a scenario, the RBI ought to have made it
mandatory for all lenders to provide relief under the impugned
RBI notifications, Circulars dated
activity approved by the RBI –
the liaison offices of the applicant play an important role.
They down load the data from internet with regard ... money from or to any
person in India without prior permission of RBI. The conditions
make it amply clear that the office in India will