https://www.taxtmi.com/caselaws?id=407480 The court upheld the validity of the Master Circular dated 01.07.2015 and dismissed the writ petition. The court emphasized the importance of ensuring financial stability and public interest in the banking sector, suggesting the RBI revisit the Circular concerning direct retail participation in high-risk instruments like AT 1 bonds. en-us Wed, 30 Sep 2020 00:00:00 +0530 Wed, 12 May 2021 08:29:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407480 The court upheld the validity of the Master Circular dated 01.07.2015 and dismissed the writ petition. The court emphasized the importance of ensuring financial stability and public interest in the banking sector, suggesting the RBI revisit the Circular concerning direct retail participation in high-risk instruments like AT 1 bonds. Case-Laws Indian Laws Wed, 30 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407480