MUMBAI, India, May 27 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated May 22, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Lunawada People's Co-operative Bank Ltd., Dist. Mahisagar, Gujarat (the bank), for non-compliance with certain directions issued by RBI on 'Loans and advances to directors, their relatives, and firms / concerns in which they are interested'. This penalty has been imposed i...
MUMBAI, India, May 27 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 22, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on Shree Laxmi Co-operative Bank Ltd., Pune (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'; `Maintenance of Deposit Accounts - Primary (Urban) Co-operative Banks' and `Inoperative Accounts / Unclaimed Deposits in Banks - Revised ...
MUMBAI, India, May 27 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 22, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Jalore Central Co-operative Bank Limited, Rajasthan (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 47A(1)(c) read with S...
MUMBAI, India, May 27 -- 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 May 29, 2026 (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 Dealer (...
MUMBAI, India, May 27 -- 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) 7,29,719.08 5.18 1.00-5.45 I. Call Money 14,282.67 5.35 4.20-5.45 II. Triparty Repo 5,35,313.90 5.18 5.03-5.45 III. Market Repo 1,73,948.41 5.16 1.00-5.40 IV. Repo in Corporate Bond 6,174.10 5.34 5.30-5.40 B. Term Segment I. Notice Money** 1,378.00 5.3...
PATNA, India, May 26 -- Patna High Court issued the following order on April 24: 1. Learned counsel for the appellant is permitted to correct the name of impleading respondent no.3 during the course of the day. 2. This Interlocutory Application has been filed on behalf of appellant seeking impleadment of impleading respondents in the present first appeal on the ground that impleading respondents have purchased the part of the suit property during the pendency of the present First Appeal. 2....
CUTTACK, India, May 26 -- Orissa High Court issued the following order on April 24: 1. Union Government & its officials are knocking at the doors of the Writ Court for assailing the Cuttack Central Administrative Tribunal's order dated 26.07.2024 whereby OP-employee's OA No.260/00067 of 2021, relief has been accorded to him vide paragraph 7 thereof, which has the following texts: "On examination of the facts and issues involved in this case vis a vis the case law referred to above, we do not ...
CUTTACK, India, May 26 -- Orissa High Court issued the following order on April 24: 1. Heard learned counsel for the Parties. 2. Admit 3. Issue notice to the Opposite Party No.3 by Registered Post/Speed Post with A.D. making it returnable at an early date. Requisites shall be filed by the Petitioner within three working days. 4. List this matter on 15.05.2026. Disclaimer: Curated by HT Syndication....
CUTTACK, India, May 26 -- Orissa High Court issued the following order on April 24: 1. This matter is taken up through Hybrid Mode. 2. Heard learned counsel appearing for the parties. 3. Pursuant to order dt.16.04.2026, learned Addl. Govt. Advocate on instruction contended that the Government is contemplating to file a Writ Appeal against order dt.10.09.2025. It is accordingly contended that since the State is contemplating to file a Writ Appeal, order passed by this Court on 10.09.2025 can...
CUTTACK, India, May 26 -- Orissa High Court issued the following order on April 24: 1. This Transfer Petition has been preferred by the Petitioners, who are the Plaintiffs in Civil Suit No.75 of 2019, for transfer of proceeding in the said Suit from the Court of learned Civil Judge (Senior Division), Salipur in the district of Cuttack to the Court of learned Civil Judge (Senior Division), Kendrapara on the grounds detailed therein. 2. The grounds urged in the transfer petition for transfer of...