MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated April 27, 2026, imposed a monetary penalty of ₹1.80 lakh (Rupees One lakh eighty thousand only) on Hinduja Housing Finance Limited (the company) for non-compliance with certain directions issued by RBI, relating to 'Governance'. This penalty has been imposed in exercise of powers conferred on RBI under Section 52A of the National Housing Bank Act, 1987. ...
MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period March 23, 2026 - March 27, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 23-03-2026 7,698 3,404 4,122 610 676 32...
MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period March 16, 2026 - March 20, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 16-03-2026 5,237 1,501 1,383 558 211 29...
MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period March 09, 2026 - March 13, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 09-03-2026 4,749 2,084 1,786 988 489 ...
MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period March 02, 2026 - March 06, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 02-03-2026 7,780 1,751 2,397 541 453 25...
MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated April 27, 2026, imposed a monetary penalty of ₹31.80 lakh (Rupees Thirty One Lakh Eighty Thousand only) on Yes Bank Limited (the bank) for non-compliance with certain provisions of directions issued by RBI on 'Know Your Customer'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of section 47A(1)(c) read with sect...
MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release: Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 12,000 May 13, 2026 (Wednesday) May 14, 2026 (Thursday) 2 182-Day 6,000 3 364-Day 6,000 Total 24,000 The sale will be subject to the terms and conditions specified in the General Notification F.No.4(2)...
MUMBAI, India, May 8 -- Reserve Bank of India issued the following press release: Reserve Bank had, on April 08, 2026, issued three draft Amendment Directions on 'Review of guidelines on inclusion of quarterly profits to Common Equity Tier 1 (CET1) capital for computation of Capital to Risk weighted Assets Ratio (CRAR) for Banks' seeking feedback from stakeholders. Currently, Commercial Banks (excluding Local Area Banks and Regional Rural Banks) may reckon the profits in current financial year ...
JABALPUR, India, May 7 -- Madhya Pradesh High Court issued the following judgment/order on April 6: By this application, petitioner seeks leave to withdraw the petition. In view of the above, application is allowed. Petition is dismissed as withdrawn. Disclaimer: Curated by HT Syndication....
JABALPUR, India, May 7 -- Madhya Pradesh High Court issued the following judgment/order on April 6: Subject petition has been styled as Public Interest Litigation. It is an admitted position that petitioner was a party to the proceedings before the revenue authorities. Since petitioner was a party before the revenue authorities and the allegation is that the his personal right of way has been disturbed, we are of the view that a public interest litigation at the behest of petitioner would not ...