Bengal government orders audit into cooperative bank loan scam
West Bengal authorities have ordered an audit investigation into an alleged loan scam involving a cooperative bank, highlighting growing concerns
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compliance
Legal News for May 2026
Wife’s parental wealth irrelevant in fixing maintenance: Bby HC The Nagpur bench of Bombay High Court last month ruled the
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Equitas Small Finance Bank Launches ‘Saksham Niveshak’ Campaign for Investor Awareness
Equitas Small Finance Bank has launched the ‘Saksham Niveshak’ campaign to promote investor education and strengthen awareness around Know Your
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Government Bars ‘Mythos Testing’ in Banks to Strengthen Governance
The Government of India has prohibited the use of so-called “mythos testing” practices in banks, reinforcing its commitment to ethical
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RBI Exempts Small Non-Deposit NBFCs from Registration Requirement from July 2026
The Reserve Bank of India (RBI) has announced that small non-deposit taking non-banking financial companies (NBFCs) will be exempted from
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Infosys, NABARD Cleared in Core Banking Software Antitrust Case
Infosys and National Bank for Agriculture and Rural Development (NABARD) have been cleared of allegations in an antitrust case related
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RBI Cancels Licence of Paytm Payments Bank
The Reserve Bank of India (RBI) has cancelled the banking license of Paytm Payments Bank, marking a significant regulatory action
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Financial Intelligence Unit–India: Strengthening the Fight Against Money Laundering
The Financial Intelligence Unit–India (FIU-IND) plays a central role in combating money laundering and ensuring financial system integrity in India.
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Nordic Banks Turn to Compliance-as-a-Service to Combat Rising Fraud
Banks in the Nordic region are increasingly adopting Compliance-as-a-Service (CaaS) solutions to tackle the growing threat of financial fraud and
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Risk-Based Decision Making: Moving Beyond Traditional Compliance Frameworks
Introduction In today’s dynamic financial environment, risk is no longer a back-office concern confined to compliance teams. It has become
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