Indian History·Landmark Events

Credit Creation Process — Landmark Events

Updated 7 Mar 2026

Landmark Events

R.C. Cooper v. Union of India

1970

While not directly about the 'credit creation process' itself, this landmark judgment on bank nationalization affirmed the government's power to regulate and control the banking…

Vijay Mallya Extradition Case (various judgments)

2018-present

Though not a direct judgment on credit creation, the numerous legal proceedings surrounding high-profile loan defaults, such as the Vijay Mallya case, highlight the critical…