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Delhi High Court halts RBI's 2025 rule requiring second review of rejected complaints, citing overreach.
The Delhi High Court has stayed a November 2025 order requiring a second human review by legally trained personnel for complaints rejected by the RBI Ombudsman, citing concerns over judicial overreach.
The RBI argued the directive exceeded constitutional authority by altering a statutory scheme under the Banking Regulation Act and Payment Systems Act.
The stay, pending a March 17 hearing, applies only to the human review requirement, leaving other recommendations unaffected.
The court acknowledged the appeal raises significant legal questions about judicial intervention in regulatory frameworks.
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El Tribunal Superior de Delhi detiene la regla 2025 de RBI que requiere una segunda revisión de las quejas rechazadas, citando excesos.