The newsletter provides updates on corporate law, tax law, and RBI regulations. Key points include: - ICICI Bank approved splitting shares to increase stock liquidity. - RBI guidelines state that if guarantee companies do not honor guarantees for wilfully defaulting groups, they should also be considered wilful defaulters. - RBI updates KYC and AML standards and adds Taliban sanctions list updates. - RBI sets an upper age limit of 70 for private bank MDs and other top management. - A court case established location of removal is decided on a case-by-case basis.