RBI APPROVES THE VOLUNTARY AMALGAMATION OF THE BAPUNAGAR MAHILA CO-OPERATIVE BANK LTD., AHMEDABAD, GUJARAT WITH SHRI VINAYAK SAHAKARI BANK LTD., AHMEDABAD, GUJARAT

MUMBAI, India, March 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949, has sanctioned the Scheme of Amalgamation of The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat with Shri Vinayak Sahakari Bank Ltd., Ahmedabad, Gujarat. The Scheme will come into force with effect from March 27, 2026 (Friday). All the branche...


RESERVE MONEY AND MONEY SUPPLY FOR THE FORTNIGHT ENDED MARCH 15, 2026

MUMBAI, India, March 25 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money and Money Supply for the fortnight ended March 15, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2325 Disclaimer: Curated by HT Syndication....


DIRECTIONS UNDER SECTION 35A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - SHREE MAHALAXMI URBAN CO-OPERATIVE CREDIT BANK LTD., GOKAK (KARNATAKA) - EXTENSION OF PERIOD

MUMBAI, India, March 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak (Karnataka) vide Directive No. CO.DOS.SED.No.S4800/12-23-151/2024-2025 dated September 26, 2024, for a period of six months up to close of business on March 27, 2025. The Reserve Bank of India is satisfied that in the public interest...


MONEY MARKET OPERATIONS AS ON MARCH 24, 2026

MUMBAI, India, March 25 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,96,207.07 5.18 2.00-6.50 I. Call Money 22,284.47 5.32 4.50-5.45 II. Triparty Repo 4,85,290.00 5.14 4.75-5.30 III. Market Repo 1,81,604.65 5.25 2.00-5.50 IV. Repo in Corporate Bond 7,027.95 5.65 5.50-6.50 B. Term Segment I. Notice Money** 58.00 5.29...


GAUHATI HIGH COURT ISSUES ORDER ON VICTOR DAS V/S THE UNION OF INDIA AND 4 ORS

GUWAHATI, India, March 24 -- Gauhati High Court issued the following order on Feb. 20: 1. Heard Mr. S. Borthakur, learned counsel appearing on behalf of the Petitioner as well as Mr. B. Goswami, learned Addl. Advocate General for the State of Assam, assisted by Mr. N. Kalita, learned Government Advocate. Also heard Mr. K. K. Parasar, learned CGC, representing the Respondent no. 1. 2. The instant petition, under Article 226 of the Constitution of India has been filed praying for a writ in the ...


GAUHATI HIGH COURT ISSUES ORDER ON GAJENDRA RAUT V/S THE UNION OF INDIA AND ANR.

GUWAHATI, India, March 24 -- Gauhati High Court issued the following order on Feb. 20: [1] Heard Mr. D. Rathi, the learned counsel for the appellant. Also heard Mr. B. Sharma, the learned Standing Counsel, N.F. Railways. [2] This appeal under Section 23 of the Railway Claims Tribunal Act, 1987 has been filed by the appellant, Shri Gajendra Raut, impugning the judgment and order dated 14.08.2019, passed in Original Application No. I-42/2013(Old) by the Railway Claims Tribunal, Guwahati Bench, ...


GAUHATI HIGH COURT ISSUES ORDER ON THE RELIANCE GENERAL INSURANCE CO. V/S SMTI AINA BALA ROY AND ORS.

GUWAHATI, India, March 24 -- Gauhati High Court issued the following order on Feb. 20: 1. Heard Mr. R. Goswami, learned counsel for the appellant. Also heard Mr. D. Kalita, learned counsel for the respondents No. 1 to 4 and Mr. U.C. Rabha, learned counsel for the respondents No. 5 and 6. 2. This appeal under Section 173 of the Motor Vehicle Act, 1988, has been preferred by the Reliance General Insurance Company Limited, impugning the judgment and award dated 05.10.2015, passed by the MACT, Dh...


GAUHATI HIGH COURT ISSUES ORDER ON ABDUL SALAM PRODHANI V/S THE STATE OF ASSAM AND ORS.

GUWAHATI, India, March 24 -- Gauhati High Court issued the following order on Feb. 20: 1. This writ petition is preferred to assail an Order of Settlement dated 30.08.2025 whereby a market, 'Hadurhat Dharmasala Dainik Bazar Dharmasala Part-III' ['the Market', for short] has been settled in favour of the respondent no. 8 at his offered bid value of Rs. 2,35,730/-, disqualifying the bid of the petitioner, who also offered the same bid value of Rs. 2,37,730/-. 2. A Tender Notice was published by...


GAUHATI HIGH COURT ISSUES ORDER ON SHAHIDA AHMED AND ANR. V/S THE STATE OF ASSAM AND ORS.

GUWAHATI, India, March 24 -- Gauhati High Court issued the following order on Feb. 20: 1. The instant petition under Article 226 of the Constitution of India has been filed challenging a Speaking Order dated 30.08.2025, issued by the District Commissioner, Barpeta, whereby, the vote of the petitioner no. 2 qua the election to the post of President of the 91 No. Agmandia Jadavpur Gaon Panchayat (Gaon Panchayat) has been cancelled. 2. As per the facts projected, the two petitioners along with t...


GAUHATI HIGH COURT ISSUES ORDER ON BISWAJIT DAS AND ORS. V/S THE STATE OF ASSAM AND 2 ORS.

GUWAHATI, India, March 24 -- Gauhati High Court issued the following order on Feb. 20: 1. We have heard Mr. K.N. Choudhury, learned Senior Advocate assisted by Mr. R.M. Deka and Mr. D.J. Das, learned Advocates for the petitioners; Mr. P. Nayak, learned Additional Advocate General, Assam for the State; Mr. B.D. Konwar, learned Senior Advocate assisted by Mrs. J.M. Konwar, learned Advocate for respondent Nos.3 to 92 and Mr. P. Doley, learned Advocate for respondent Nos.94 to 98. 2. The petition...