GAUHATI HIGH COURT ISSUES ORDER ON MD JULHAZ AI V/S GULESA BEWA and 3 ORS

GUWAHATI, India, Sept. 19 -- Gauhati High Court issued the following order on Aug. 20: 1. This appeal was admitted on the following substantial questions of law : (1) Whether the learned appellate Court was right in holding that the suit of the plaintiff is not maintainable? (2) Whether the learned appellate Court erred in law without formulating any point for determination or without discussing any evidence on record in the appeal in accordance with Order 41 Rule 31 of the Code of Civil Pr...


GAUHATI HIGH COURT ISSUES ORDER ON DHARMESWAR SAIKIA V/S ON THE DEATH OF MIRZA BEG HIS LEGAL HEIRS AND OTHERS

GUWAHATI, India, Sept. 19 -- Gauhati High Court issued the following order on Aug. 20: The appellant in this case is Sri Dharmeswar Saikia and the respondent No. 1 in this case are :- 1 (i) Sri Raja Beg, 1 (ii) Mrs. Farida Beg, 1 (iii) Mafida Beg Choudhury and 1 (iv) Wajzda Beg. 2. The respondent No. 2 at present are :- 2 (i) Smti Devina Begg and 2 (ii) Smti Mina Begg. 3. The respondent No. 3 is Musst. Elizabeth Beg. The respondent No. 4 are :- 4 (i) Somiul Begg, 4 (ii) Jomiu...


GAUHATI HIGH COURT ISSUES ORDER ON DHARMESWAR SAIKIA V/S ON THE DEATH OF MIRZA BEG HIS LEGAL HEIRS AND ORS

GUWAHATI, India, Sept. 19 -- Gauhati High Court issued the following order on Aug. 20: The appellant in this case is Sri Dharmeswar Saikia and the respondent No. 1 in this case are :- 1 (i) Sri Raja Beg, 1 (ii) Mrs. Farida Beg, 1 (iii) Mafida Beg Choudhury and 1 (iv) Wajzda Beg. 2. The respondent No. 2 at present are :- 2 (i) Smti Devina Begg and 2 (ii) Smti Mina Begg. 3. The respondent No. 3 is Musst. Elizabeth Beg. The respondent No. 4 are :- 4 (i) Somiul Begg, 4 (ii) Jomiu...


RBI TO CONDUCT OVERNIGHT VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON SEPTEMBER 22, 2025

MUMBAI, India, Sept. 19 -- Reserve Bank of India issued the following press release: On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on Monday, September 22, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 9:30 AM to 10:00 AM September 23, 2025 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Relea...


AUCTION OF STATE GOVERNMENT SECURITIES

MUMBAI, India, Sept. 19 -- 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 ₹27,000 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenor (Year) Type of Auction 1. Bihar 2000 - 20 Yield 2000 - 25 Yield 2. Chhattisgarh 500 - Re-issue of 7.00% Chhattisgarh SGS 2029, issued on September 19, 2024 Pr...


DIRECTIONS UNDER SECTION 35A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - SHREE MAHALAXMI URBAN CO-OPERATIVE CREDIT BANK LTD., GOKAK (KARNATAKA) - EXTENSION OF PERIOD

MUMBAI, India, Sept. 19 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Shree Mahalaxmi Urban Co-operative Credit Bank Ltd., Gokak vide Directive No. CO.DOS.SED.No.S4800/12-23-151/2024-2025 dated September 26, 2024, for a period of six months up to close of business on March 27, 2025 as modified from time to time, which were extended upto June 27, 2025 vide Dire...


RATE OF INTEREST ON GOVERNMENT OF INDIA FLOATING RATE BOND 2033

MUMBAI, India, Sept. 19 -- Reserve Bank of India issued the following press release: The rate of interest on Government of India Floating Rate Bond 2033 (GOI FRB 2033) applicable for the half year September 22, 2025 to March 21, 2026 shall be 6.82 percent per annum. It may be recalled that FRB 2033 carries a coupon, which has a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions (from the rate fixing day, i.e., September 22, 2025) of 182 Day T-Bills, ...


AUCTION OF 91-DAY, 182-DAY AND 364-DAY TREASURY BILLS

MUMBAI, India, Sept. 19 -- 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 10,000 September 24, 2025 (Wednesday) September 25, 2025 (Thursday) 2 182-Day 6,000 3 364-Day 5,000 Total 21,000 The sale will be subject to the terms and conditions specified in the General Notificat...


GOVERNMENT STOCK - FULL AUCTION RESULTS

MUMBAI, India, Sept. 19 -- Reserve Bank of India issued the following press release: (Amount in ₹ Crore) Auction Results 5.91% GS 2028 6.33% GS 2035 I. Notified Amount 6,000 30,000 II. Competitive Bids Received (i) Number 91 440 (ii) Amount 21,741.000 76,262.750 III. Cut-off price / Yield 100.04 98.65 (YTM: 5.8899%) (YTM: 6.5198%) IV. Competitive Bids Accepted (i) Number 6 161 (ii) Amount 5,999.207 29,927.627 V. Partial Allotment Percentage of Competitive Bids 87.4504% 29.7326% (2 bid...


GOVERNMENT STOCK - AUCTION RESULTS: CUT-OFF

MUMBAI, India, Sept. 19 -- Reserve Bank of India issued the following press release: 5.91% GS 2028 6.33% GS 2035 I. Notified Amount ₹6,000 crore ₹30,000 crore II. Cut off Price (₹) / Implicit Yield at cut-off 100.04/5.8899% 98.65/6.5198% III. Amount accepted in the auction ₹6,000 crore ₹30,000 crore IV. Devolvement on Primary Dealers NIL NIL Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1131 Disclaimer: Curated by HT Syndication...