NAINITAL, India, Feb. 12 -- Uttarakhand High Court issued the following judgment on Jan. 6: IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL THE HON'BLE SRI JUSTICE ALOK KUMAR VERMA 06th JANUARY, 2026 FIRST BAIL APPLICATION NO. 1445 of 2025 Parag Chaklaan alias Parikshit Sharma - Applicant Versus State of Uttarakhand - Respondent Counsel for the Applicant: Mr. Arvind Vashisth, Senior Advocate, assisted by Mr. Pankaj Kumar Kaushik, Advocate. Counsel for the Respondent: Mr. Deepak Bhardwaj, Brief ...
NAINITAL, India, Feb. 12 -- Uttarakhand High Court issued the following judgment on Jan. 6: IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL THE HON'BLE SRI JUSTICE ALOK KUMAR VERMA 06TH JANUARY, 2026 FIRST BAIL APPLICATION NO.11 of 2026 Malkit Applicant Versus State of Uttarakhand Respondent Counsel for the Applicant: Mr. Gaurav Singh, Advocate. Counsel for the Respondent: Mr. Pradeep Lohani, Brief Holder. Hon'ble Alok Kumar Verma, J. The applicant-Malkit is in judicial custody for the offence u...
NAINITAL, India, Feb. 12 -- Uttarakhand High Court issued the following judgment on Jan. 6: IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL THE HON'BLE SRI JUSTICE ALOK KUMAR VERMA 6th JANUARY, 2026 FIRST BAIL APPLICATION NO. 7 of 2026 Sagar Applicant Versus State of Uttarakhand and Another Respondents Counsel for the Applicant: Ms. Arushi Batra, Advocate. Counsel for the Respondents: Mr. Pradeep Lohani, Brief Holder. Hon'ble Alok Kumar Verma, J. The Applicant - Sagar is in custody for the offen...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: Government of India undertakes conversion/switch operations with market participants as well as with the Reserve Bank with the objective of smoothening its liability profile as well as for market development. As part of these operations, Government has undertaken conversion/switch transactions with the Reserve Bank on February 12, 2026 (settlement on February 13, 2026). The transactions involved Government buyin...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(7)-B(W&M)/2019 dated May 30, 2019 (SGB 2019-20 Series-III-Issue date August 14, 2019) 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 due date of premature redemption of the above tranche shall be on February 13, 2026(February 1...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 11, 2026, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Berhampur Co-operative Urban Bank Limited, Odisha (the bank) for non-compliance with certain directions issued by RBI on 'Exposure Norms and Statutory/ Other Restrictions - UCBs'. This penalty has been imposed in exercise of powers conferred on RBI under the provisio...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: Detailed instructions on matters related to engagement of recovery agents have been issued to Scheduled Commercial Banks (excluding Regional Rural Banks) and Housing Finance Companies currently. Upon a review, it has been decided to issue comprehensive instructions to all regulated entities on conduct related matters in recovery of loans and engagement of recovery agents, which inter alia cover aspects such as f...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 09, 2026, imposed a monetary penalty of ₹3 lakh (Rupees Three Lakh only) on the Ganganagar Kendriya Sahkari Bank Limited, Rajasthan (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) rea...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has been publishing a composite Reserve Bank of India - Digital Payments Index (RBI-DPI) since January 1, 2021 with March 2018 as base to capture the extent of digitisation of payments across the country. The index for September 2025 stands at 516.76 as against 493.22 for March 2025 which was announced on July 28, 2025. The increase in RBI-DPI index was driven by significant grow...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auction to be held on February 13, 2026 (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 Prim...