3 pages
Analysis
What changed, and what it means: rule changes, court rulings and state orders affecting daily-deposit collection in India.
- Analysis
Karnataka HC pigmy agents GST ruling
The Karnataka High Court held in April 2026 that a Regional Rural Bank's pigmy agents were employees, not business facilitators, so GST did not apply.
Updated 10 Sep 2026Read - Analysis
Maharashtra pigmy commission cap
Maharashtra capped credit co-operative pigmy commission at 2.5% from 1 April 2026, then raised it to 3% in June after objections. What it means for agents.
Updated 10 Sep 2026Read - Analysis
RBI's 2025 doorstep agent rule
Clause 74 of RBI's Branch Authorisation Directions bars smaller urban co-operative banks from using commission agents at the door. What changes, what is open.
Updated 10 Sep 2026Read