MUMBAI, India, Aug. 14 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBl) has, by an order dated August 08, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One lakh only) on The Uma Co-operative Bank Ltd., Vadodara, Gujarat (the bank) for non-compliance with certain directions issued by RBI on 'Inspection & Audit Systems in Primary (Urban) Co-operative Banks'. This penalty has been imposed in exercise of powers conferred on RBI under the provi...
MUMBAI, India, Aug. 14 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹17,600 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Bihar 2000 14 Yield 2. Goa 100 10 Yield 3. Gujarat 1500 08 Yield 4. Kerala 2000 31 Yield 5. Maharashtra 1000 Re-issue of 6.98% Maharashtra SGS 2037, issued on June 25, 2025 Price 1000 Re-issue...
MUMBAI, India, Aug. 14 -- Reserve Bank of India issued the following press release: 6.01% GS 2030 New GS 2055 I. Notified Amount ₹15,000 crore ₹13,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 98.96/6.2572% 7.24% III. Amount accepted in the auction ₹15,000 crore ₹13,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/907 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Aug. 14 -- Reserve Bank of India issued the following press release: Tenor 8-day Notified Amount (in ₹ crore) 2,00,000 Total amount of offers received (in ₹ crore) 1,82,790 Amount accepted (in ₹ crore) 1,82,790 Cut off Rate (%) 5.49 Weighted Average Rate (%) 5.49 Partial Acceptance Percentage of offers received at cut off rate NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/906 Disclaimer: Curated by HT Syndication....
GUWAHATI, India, Aug. 13 -- Gauhati High Court issued the following order on July 14: 1. Heard Mr. M. Goswami, learned Senior counsel assisted by Mr. R. Sinha, learned counsel for the petitioners in WP(C) No. 5741/2017; Ms. R. Devi, learned counsel for the petitioners in WP(C) Nos. 6020/2017, 5861/2017, 5933/2017; Mr. A. Nath, learned counsel for the petitioners in WP(C) No. 4126/2016 with I.A.(C) No. 1222/2023, WP(C) No. 4181/2016 with I.A.(C) No. 1085/2023, WP(C) No. 4358/2016 with I.A.(C) No...
GUWAHATI, India, Aug. 13 -- Gauhati High Court issued the following order on July 14: 1. Heard Mr. M. Goswami, learned Senior counsel assisted by Mr. R. Sinha, learned counsel for the petitioners in WP(C) No. 5741/2017; Ms. R. Devi, learned counsel for the petitioners in WP(C) Nos. 6020/2017, 5861/2017, 5933/2017; Mr. A. Nath, learned counsel for the petitioners in WP(C) No. 4126/2016 with I.A.(C) No. 1222/2023, WP(C) No. 4181/2016 with I.A.(C) No. 1085/2023, WP(C) No. 4358/2016 with I.A.(C) No...
GUWAHATI, India, Aug. 13 -- Gauhati High Court issued the following order on July 14: 1. Heard Mr. M. Goswami, learned Senior counsel assisted by Mr. R. Sinha, learned counsel for the petitioners in WP(C) No. 5741/2017; Ms. R. Devi, learned counsel for the petitioners in WP(C) Nos. 6020/2017, 5861/2017, 5933/2017; Mr. A. Nath, learned counsel for the petitioners in WP(C) No. 4126/2016 with I.A.(C) No. 1222/2023, WP(C) No. 4181/2016 with I.A.(C) No. 1085/2023, WP(C) No. 4358/2016 with I.A.(C) No...
GUWAHATI, India, Aug. 13 -- Gauhati High Court issued the following order on July 14: 1. Heard Mr. M. Goswami, learned Senior counsel assisted by Mr. R. Sinha, learned counsel for the petitioners in WP(C) No. 5741/2017; Ms. R. Devi, learned counsel for the petitioners in WP(C) Nos. 6020/2017, 5861/2017, 5933/2017; Mr. A. Nath, learned counsel for the petitioners in WP(C) No. 4126/2016 with I.A.(C) No. 1222/2023, WP(C) No. 4181/2016 with I.A.(C) No. 1085/2023, WP(C) No. 4358/2016 with I.A.(C) No...
GUWAHATI, India, Aug. 13 -- Gauhati High Court issued the following order on July 14: 1. Heard Mr. M. Goswami, learned Senior counsel assisted by Mr. R. Sinha, learned counsel for the petitioners in WP(C) No. 5741/2017; Ms. R. Devi, learned counsel for the petitioners in WP(C) Nos. 6020/2017, 5861/2017, 5933/2017; Mr. A. Nath, learned counsel for the petitioners in WP(C) No. 4126/2016 with I.A.(C) No. 1222/2023, WP(C) No. 4181/2016 with I.A.(C) No. 1085/2023, WP(C) No. 4358/2016 with I.A.(C) No...
GUWAHATI, India, Aug. 13 -- Gauhati High Court issued the following order on July 14: 1. Heard Mr. M. Goswami, learned Senior counsel assisted by Mr. R. Sinha, learned counsel for the petitioners in WP(C) No. 5741/2017; Ms. R. Devi, learned counsel for the petitioners in WP(C) Nos. 6020/2017, 5861/2017, 5933/2017; Mr. A. Nath, learned counsel for the petitioners in WP(C) No. 4126/2016 with I.A.(C) No. 1222/2023, WP(C) No. 4181/2016 with I.A.(C) No. 1085/2023, WP(C) No. 4358/2016 with I.A.(C) No...