Banking Regulation and Supervision — Key Judgments

Key Judgments

R.C. Cooper vs. Union of India (Bank Nationalisation Case)

1970

This landmark judgment challenged the constitutionality of the Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969, which nationalized 14 major commercial…

Reserve Bank of India vs. 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 deposit-taking activities. The Supreme Court affirmed the RBI's broad powers…

Indian Banks' Association vs. Union of India

2014

This case pertained to the implementation of the Basel II norms and the RBI's directives on capital adequacy. The Supreme Court upheld the RBI's authority to issue prudential…