We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates   1.1.  India   Reserve Bank of India (RBI) 1.1.1.    RBI announces open market operation purchases and USD/INR swap to inject liquidity Reserve Bank of India (“ RBI ”) announced liquidity injection measures after reviewing current liquidity and financial conditions. The RBI will conduct open market opera

We are delighted to share this week's AKP Corporate & Compliance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1.             Labour Law   1.1.         Madhya Pradesh tightens inspection controls for small establishments The Labour Department, Government of Madhya Pradesh, notified that establishments employing less than 20 (twenty) employees will not be inspected without prior permission of the State Government. Inspections of s

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates   1.1.  India   Reserve Bank of India (RBI) 1.1.1.    RBI assigns lead bank responsibility for Gujarat’s newly created Vav-Tharad district Reserve Bank of India (“ RBI ”) informed lead banks that the Government of Gujarat has notified the formation of a new district, Vav-Thara, and that Bank of Baroda wil

We are delighted to share this week's AKP Corporate & Compliance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1.             Labour Law   1.1.         Banking services continued to be declared a public utility service under Industrial Disputes Act The Ministry of Labour and Employment (“ MoLE ”) has notified that services engaged in the banking industry (covered under item 2 of the First Schedule to the Industrial Disputes Act,

We are delighted to share this week's AKP Corporate & Compliance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1.  Labour Law   1.1.  Centre issues Industrial Relations Code (Removal of Difficulties) Order, 2025 The Ministry of Labour and Employment notified the Industrial Relations Code (Removal of Difficulties) Order, 2025, with effect from December 8, 2025. It clarifies that the existing Labour Courts, Industrial Tribunals and

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates   1.1.  India   Reserve Bank of India (RBI) 1.1.1.    RBI to inject liquidity via three-year USD/INR buy/sell swap auction The Reserve Bank of India (“ RBI ”) will conduct a USD/INR buy/sell swap auction for USD 5 billion (United States Dollars Five Billion only) with a tenor of 36 (thirty-six) months to

We are delighted to share this month's AKP Dispute Resolution Monthly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1.   Arbitration Law 1.1. Manufacturing and Construction 1.1.1. Supreme Court held, Courts Cannot Review or Recall Section 11 Appointment Orders The Supreme Court has held that a High Court cannot exercise review powers to recall its own order appointing an arbitrator under Section 11(6) of the Arbitration and Conciliation

We are delighted to share this week's AKP Corporate & Compliance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1.             Labour Law   1.1.         Centre outlines Welfare and Social Security push for Gig and Platform Workers The Ministry of Labour and Employment has outlined an expanded welfare and social security framework for unorganised, gig and platform workers, anchored in the e-Shram (National Database of Unorganised W

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates   1.1.  India   Reserve Bank of India (RBI) 1.1.1.    RBI releases National Strategy for Financial Inclusion 2025–30 Roadmap Reserve Bank of India (“ RBI ”) has released the National Strategy for Financial Inclusion 2025–30 (“ NSFI ”), a five-year roadmap approved by the Sub-Committee of the Financial Sta

We are delighted to share this week's AKP Banking & Finance Weekly Digest. Please feel free to write to us with your feedback at info@akandpartners.in. 1. Regulatory Updates   1.1.  India   Reserve Bank of India (RBI) 1.1.1.    RBI revises bank account details for FEMA compounding payments Reserve Bank of India (“ RBI ”) has amended its Master Directions on compounding of contraventions under the Foreign Exchange Management Act (FEMA), 1999 to change the bank account to which