Entries by Staff

INR Non-deliverable Derivatives barred; Added Bar for Related Parties

April 3, 2026 /0 Comments/in , , , /by

– RBI’s 1st April circular bars Banks from INR-derivatives, with “related parties”, giving an Ind AS meaning to the term In a move to maintain the integrity of INR in the evolving market conditions and avoid a potential misuse of intra-group structures to bypass regulatory constraints, the RBI has issued revised instructions on Risk Management […]

Immunity Scheme for Non-compliant and inactive companies: CCFS, 2026

April 2, 2026 /0 Comments/in /by

Kunal Gupta, Executive | corplaw@vinodkothari.com Introduction In order to encourage defaulting companies to either complete their long pending statutory filings or opt for an exit or dormant status, the Ministry of Corporate Affairs (‘MCA’), vide Circular dated  January 24, 2026, has come up with ‘Companies Compliance Facilitation Scheme, 2026’ (‘CCFS, 2026’). This scheme offers one […]

Rethinking Repayment Recurrence: EMIs, EWIs or EDIs

April 2, 2026 /0 Comments/in /by

Manisha Ghosh, Assistant Manager | finserv@vinodkothari.com Introduction In the world of finance, where EMIs reign is supreme, a quiet revolution is brewing. For decades, the EMI—a fixed, predictable monthly payment—has been the default repayment option in case of loans.  This repayment model aligns well with the cash-flow profile of salaried borrowers, whose income is credited […]

RBI’s 3-month breather for new rules on capital market exposures

March 31, 2026 /0 Comments/in , , , /by

At the fag end of the financial year, just before the Amendment Directions on Capital Market Exposures (originally issued on 13th February, 2026) were to become effective, the 30th March 2026 Press Release by RBI has the effect of deferring the applicability of and substituting the same with Revised Amendment Directions to address certain representations […]