MUMBAI, India, May 18 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated April 13, 2020 (SGB 2020-21 Series-II-Issue date May 19, 2020) on Sovereign Gold Bond Scheme, premature redemption of Gold Bond may be permitted after fifth year from the date of issue of such Gold Bond on the date on which interest is payable. Accordingly, the next due date of premature redemption of the above tranche shall be on May 19, 2026. 2. Further,...
MUMBAI, India, May 18 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated May 14, 2026, imposed a monetary penalty of ₹20,000/- (Rupees Twenty Thousand only) on The Aurangabad District Central Co-operative Bank Limited, Bihar (the bank) for non-compliance with certain directions issued by RBI on 'Credit Information Reporting'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section...
MUMBAI, India, May 18 -- Reserve Bank of India issued the following press release: It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949 (As Applicable to Co-operative Societies), the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No S29 /12-03-000/2026-2027 dated May 15, 2026, has issued certain Directions to Nagar Sahakari Bank Ltd., Etawah ("th...
MUMBAI, India, May 18 -- Reserve Bank of India issued the following press release: The Reserve Bank has today published the half-yearly Payment System Report, December 2025. This report, in addition to analysing the trends in payment transactions carried out using various payment systems in India during the last five calendar years up to the second half of the calendar year 2025, covers major recent regulatory developments in the domestic payments ecosystem. The role of Central Counterparties (...
MUMBAI, India, May 18 -- Reserve Bank of India issued the following press release: As per the framework on countercyclical capital buffer (CCyB) laid out in Reserve Bank of India (Commercial Banks - Prudential Norms on Capital Adequacy) Directions, 2025, it was advised that CCyB would be activated as and when circumstances warranted, and that the decision would normally be pre-announced. The framework envisages credit-to-GDP gap as the main indicator, which may be used in conjunction with other...
AGARTALA, India, May 16 -- Tripura High Court issued the following order/judgement on April 13: Learned Counsel Mr. N. Majumder is present for the petitioners. Learned P.P. Mr. Raju Datta appears for the State. Learned Counsel Mr. Ratan Datta appears on behalf of the de-facto complainant and submits that against the additional affidavit filed by the petitioner the said de-facto complainant intends to file one objection and sought for an indulgence. Request is considered. However, since ...
AGARTALA, India, May 16 -- Tripura High Court issued the following order/judgement on April 13: Heard Learned Senior Counsel, Mr. Purusuttam Roy Barman assisted by Learned Counsel, Mr. Samarjit Bhattacharjee appearing on behalf of the petitioner-accused. Also heard Learned P.P., Mr. Raju Datta appearing on behalf of the respondent-State. The present petitioner, by filing this petition under Section 528 of BNSS, 2023 has challenged the Bishramganj PS case No.2023 BRG 029, Manubazar PS case No.2...
AGARTALA, India, May 16 -- Tripura High Court issued the following order/judgement on April 13: This petition under Section 482 of Cr.P.C., 1973 corresponding to Section 528 of BNSS, 2023 is filed for directing the police to submit further investigation report in connection with A.D. Nagar P.S. Case No.2024/AND/016 under Sections 341/326/307/34 of IPC, 1860. Heard Learned Counsel, Mr. D. Gope appearing on behalf of the petitioner and also heard Learned P.P., Mr. R. Datta appearing on behalf of...
AGARTALA, India, May 16 -- Tripura High Court issued the following order/judgement on April 13: 1. Heard Learned Counsel, Mr. Agniva Chakrabarti appearing on behalf of the petitioner. Also, heard Learned Counsel, Ms. Paromita Dhar appearing on behalf of the respondent-complainant and Learned P.P., Mr. Raju Datta appearing on behalf of the Staterespondent. 2. The petitioner has filed this petition under Section 482 of Cr.P.C for quashing the case bearing No.PRC(SP)/112/2019 now pending before ...
AGARTALA, India, May 16 -- Tripura High Court issued the following order/judgement on April 13: [1] On 08.08.2021, the police authority of Khowai Police Station (P.S.) entered the facts into the GDE book vide GDE No.002 of 2021 dated 08.08.2021 that on 07.08.2021 at around 2030 hours, when a group of leaders and supporters of All India Trinamool Congress [for short, TMC], a political party, reached at Dhalabil Chowmuhani, some unknown miscreants pelted stones on their two vehicles, causing inju...