RBI has wide supervisory powers over Financial institutions like SIDBI; It’s directions are statutorily Binding – SC
Court name: The Supreme Court of India. Judgement name: Small Industries Development Bank of India vs M/s SIBCO Investment Pvt. Ltd. Judgement date: January 3rd 2022 Judges/ Bench: R. Subhash Reddy and Hrishikesh Roy Introduction: The challenge in these appeals is to the judgment and order dated 25.11.2019 of the Division Bench of the High […]