MUMBAI, India, Nov. 20 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated November 14, 2025, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on The Nawada Central Co-operative Bank Limited, Bihar (the bank) for contravention of provisions of Section 26A read with Section 56 of the Banking Regulation Act, 1949 (BR Act) and non-compliance with certain directions issued by RBI on 'Membership of Cr...
MUMBAI, India, Nov. 20 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated November 12, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on Shri Basaveshwar Sahakari Bank Niyamitha, Bagalkot, Karnataka (the bank) for non-compliance with certain directions issued by RBI on 'Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs' and 'Reserve Bank of India (Co-operative Banks -...
MUMBAI, India, Nov. 20 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated November 12, 2025, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on The Big Kancheepuram Co-operative Town Bank Limited, Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section...
MUMBAI, India, Nov. 20 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on November 21, 2025 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary De...
MUMBAI, India, Nov. 20 -- 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) 6,42,873.33 5.23 2.00-6.30 I. Call Money 16,360.95 5.38 4.85-5.45 II. Triparty Repo 4,16,205.35 5.20 5.11-5.29 III. Market Repo 2,07,159.53 5.28 2.00-5.70 IV. Repo in Corporate Bond 3,147.50 5.42 5.36-6.30 B. Term Segment I. Notice Money** 267.00 5.32...
Government-Recognized Pilgrimage Operator Launches Premium, Safe & Devotion-Oriented Yatra Experiences Noida, November 19 Accredited by the Ministry of Tourism, Government of India, and the Uttar Pradesh State Tourism Department, Epic Yatra proudly presents its pilgrimage packages for 2026, offering a wide range of spiritual journeys across the Himalayas. The newly introduced itineraries include the Chardham Yatra Package, Do Dham Yatra Package, Amarnath Yatra Package by Helicopter, and the Ama...
JABALPUR, India, Nov. 19 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 27: The subject petition raising a grievance with regard to the alleged unauthorized construction raised on land belonging to the petitioner and his family members. Consequently public interest litigation would not be maintainable. Learned counsel for the petitioner seeks leave to withdraw the petition reserving the right of the petitioner to initiate appropriate proceedings in accordance with law...
JABALPUR, India, Nov. 19 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 27: 1. The petitioner has filed subject petition styled as Public Interest Litigation challenging the action of respondent No.7 and 8 i.e. the Sarpanch and Panchayat Secretary of Gram Panchayat Ichoul, Janpad Panchayat Uchehara, District Satna contending that they are illegally constructing a Panchayat Bhawan at a distance about 3-4 km from the Gram Panchayat and are encroaching upon the government...
JABALPUR, India, Nov. 19 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 27: Petitioner inter alia impugns order dated 01.05.2025. Petitioner was given a show cause notice dated 25.04.2025 requiring the petitioner to show cause as to why the action of inter alia disqualification, debarment and blacklisting, forfeiture of earnest money deposit in termination of contract and disqualification in participation in future tender be not passed against petitioner. Petitioner f...
JABALPUR, India, Nov. 19 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 27: Learned counsel for petitioner submits that the grievance has been redressed. Accordingly, petitioner does not wish to press the petition any further. In view of the above, the petition is dismissed as withdrawn. Disclaimer: Curated by HT Syndication....