UNDERWRITING AUCTION FOR SALE OF GOVERNMENT SECURITIES FOR ₹28,000 CRORE ON OCTOBER 10, 2025

MUMBAI, India, Oct. 9 -- 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 auctions to be held on October 10, 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 Dea...


ALL-INDIA HOUSE PRICE INDEX (HPI) FROM Q1:2022-23 TO Q1:2025-26

MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: Reserve Bank of India (RBI) compiles the House Price Index (HPI) on quarterly basis based on transaction-level data received from the registration authorities. Today, the Reserve Bank released its House Price Index (HPI)1 for Q1:2025-26 with new base year as 2022-23, covering eighteen major cities2. Eight new cities viz., Hyderabad, Thiruvananthapuram, Pune, Ghaziabad, Thane, Gautam Buddha Nagar, Chandigarh and N...


RBI APPOINTS SHRI SANJAY KUMAR HANSDA AS NEW EXECUTIVE DIRECTOR

MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has appointed Shri Sanjay Kumar Hansda as Executive Director (ED) with effect from March 03, 2025. Shri Hansda reported back to the Bank on October 06, 2025, on completion of his deputation as Senior Advisor to ED (India), International Monetary Fund (IMF). Prior to being promoted as ED, Shri Hansda was serving as Adviser, Department of Economic and Policy Research. He also served...


RESULT OF THE OVERNIGHT VARIABLE RATE REVERSE REPO (VRRR) AUCTION HELD ON OCTOBER 09, 2025

MUMBAI, India, Oct. 9 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 50,000 Total amount of offers received (in ₹ crore) 46,860 Amount accepted (in ₹ crore) 46,860 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.48 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1279 Disclaimer: Curated by HT Syndication....


MONEY MARKET OPERATIONS AS ON OCTOBER 08, 2025

MUMBAI, India, Oct. 9 -- 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) 6,38,972.88 5.28 4.50-6.30 I. Call Money 15,471.12 5.34 4.75-5.40 II. Triparty Repo 4,14,362.30 5.27 5.24-5.35 III. Market Repo 2,04,428.91 5.31 4.50-5.50 IV. Repo in Corporate Bond 4,710.55 5.47 5.40-6.30 B. Term Segment I. Notice Money** 137.80 5.24 ...


PATNA HIGH COURT ISSUES JUDGEMENT ON ASHWINI KUMAR V/S THE STATE OF BIHAR AND OTHER

PATNA, India, Oct. 8 -- Patna High Court issued the following judgment on Sept. 8: Heard learned counsel for the petitioner, learned counsel for the Department of Mines and learned counsel for the State. 2. The petitioner has approached this Court for quashing the order dated 15.05.2025 passed by learned C.J.M., Rohtas at Sasaram in Misc. Case No. 005 of 2025 and for further quashing the letter dated 28.03.2025 bearing letter no. Camp 01 issued by the Mining Inspector, Rohtas at Sasaram by whi...


PATNA HIGH COURT ISSUES JUDGEMENT ON SATISH KUMAR V/S THE STATE OF BIHAR AND OTHER

PATNA, India, Oct. 8 -- Patna High Court issued the following judgment on Sept. 8: 1.The petitioner has filed the Writ application for the following reliefs: "(i) Setting aside the proceeding of the Central Purchasing Committee as held on 10.10.2013 for the financial year 2013-14 as contained in Memo No. Kara/Kara02 08/13 5085 Patna dated 10.10.13 upon which basis to approve the rates of different commodities have been finalized and accordingly a direction has been given to make payment. (ii) ...


PATNA HIGH COURT ISSUES JUDGEMENT ON UPENDRA RAY V/S THE STATE OF BIHAR AND OTHER

PATNA, India, Oct. 8 -- Patna High Court issued the following judgment on Sept. 8: 1.The petitioner has filed the Writ petition for the following reliefs: (a)For setting aside the certificate debtor's notice dated 31.12.2017 as well as the entire proceedings by which the petitioner has been directed to deposit Rs. 1,24,608/- (Rupees One Lakh Twenty Four Thousand and Six Hundred and eight only) in the Government Account as certificate debtor taken for completion of different government's scheme...


PATNA HIGH COURT ISSUES JUDGEMENT ON ARUN KUMAR V/S THE STATE OF BIHAR AND OTHER

PATNA, India, Oct. 8 -- Patna High Court issued the following judgment on Sept. 8: 1.The Writ petition is filed for the following reliefs:- "(i) For issuance of an appropriate writ/order/direction in the nature of Mandamus quashing the impugned Letter of intimation dt. 08.10.2018 issued by respondent No. 5 as well as the merit list published by respondent No. 5 informing the petitioner of rejection of his objection to selection of respondent No. 7 for issuance of Public Distribution Shop (PDS)...


PATNA HIGH COURT ISSUES JUDGEMENT ON RAJA PRASAD SINGH V/S THE STATE OF BIHAR AND OTHER

PATNA, India, Oct. 8 -- Patna High Court issued the following judgment on Sept. 8: 1.The Writ petition is filed seeking a direction upon the concerned respondent to make payment of the petitioner's dues, for the work done by him in flood control, under the departmental agreement since 2012-13. Further direction is sought for release of the amount, which is pending before the department. 2.The brief facts, as culled out from the Writ petition are that the petitioner entered into agreements with...