Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
IndusInd Bank case a rare instance when RBI cited its 'LOLR' role
Update / Judgement Date
16 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
BankingFinancial ManagementRBI
IndusInd Bank is one of the few instances when the RBI flagged its LOLR role. This event highlights the RBI's role as a lender of last resort. The move reflects the RBI's intervention in the banking sector. The flagging involves specific financial actions.
