Money Supply Measures — Key Judgments

Key Judgments

R.C. Cooper v. Union of India

1970

This landmark judgment, often referred to as the Bank Nationalisation Case, challenged the government's ordinance to nationalize 14 major commercial banks. While not directly…

Reserve Bank of India v. Peerless General Finance and Investment Co. Ltd.

1987

This case dealt with the regulatory powers of the RBI over non-banking financial companies (NBFCs) and their deposit-taking activities. The Supreme Court upheld the RBI's…