PATNA HIGH COURT ISSUES ORDER ON THE COMMISSIONER OF CUSTOMS P PATNA V/S SHRI SUNIL GHOSH AND ORS CASE

PATNA, India, Feb. 11 -- Patna High Court issued the following order on Dec. 19, 2025: IN THE HIGH COURT OF JUDICATURE AT PATNA Miscellaneous Appeal No.49 of 2018 The Commissioner Of Customs P Patna, Central Revenue, Building Appellant/s Versus Shri Sunil Ghosh and Ors Respondent/s Appearance: For the Appellant/s: Mr.Anshuman Singh, Sr. S.C., Customs For the Respondent/s: Mr. CORAM: HONOURABLE MR. JUSTICE NANI TAGIA and HONOURABLE MR. JUSTICE SANJAY KUMAR SINGH ORAL ORDER (Per: HONOURABLE...


STRENGTHENING OF GRIEVANCE REDRESS MECHANISM IN BANKS - REVIEW

MUMBAI, India, Feb. 11 -- Reserve Bank of India issued the following notification: RBI/2025-26/207 CO.CEPD.PRS.No.S1121/13-01-008/2025-2026 February 11, 2026 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam/ Dear Sir, Strengthening of Grievance Redress Mechanism in Banks - Review Please refer to the circular RBI/2020-21/87 CEPD.CO.PRD.Cir.No.01/13.01.013/2020-21 on "Strengthening of Grievance Redress Mechanism in Banks" dated January 27, 2021. 2. The instructions con...


VALUES IN ACTION: THE MAKING OF A STRONG INSTITUTION - SPEECH BY SHRI SWAMINATHAN J, DEPUTY GOVERNOR, RESERVE BANK OF INDIA, ON FRIDAY, JANUARY 30, 2026, AT THE AXIS CHAMPIONS AWARDS, MUMBAI

MUMBAI, India, Feb. 11 -- Reserve Bank of India issued the following speech: Good evening. 2. The Chairman and members of the Board of Axis Bank; the MD and CEO and the senior leadership team of the Axis Bank family, the Champions being recognised today, and colleagues, ladies and gentlemen. 3. Thank you for the warm invitation. It is a pleasure to be here at Axis House this evening, and to be part of an occasion that is clearly special for the institution and its people. 4. Banks routinely ...


PREMATURE REDEMPTION UNDER SOVEREIGN GOLD BOND (SGB) SCHEME - REDEMPTION PRICE FOR PREMATURE REDEMPTION OF 2018-19 SERIES-VI DUE ON FEBRUARY 12, 2026

MUMBAI, India, Feb. 11 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(22)-B(W&M)/2018 dated October 08, 2018 (SGB 2018-19 Series-VI-Issue date February 12, 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 next due date of premature redemption of the above tranche shall be on February 12, 2026...


RESERVE MONEY AND MONEY SUPPLY FOR THE FORTNIGHT ENDED JANUARY 31, 2026

MUMBAI, India, Feb. 11 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money and Money Supply for the fortnight ended January 31, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2092 Disclaimer: Curated by HT Syndication....


RBI ISSUES DRAFT AMENDMENT DIRECTIONS FOR 'ADVERTISING, MARKETING AND SALES OF FINANCIAL PRODUCTS AND SERVICES BY REGULATED ENTITIES'

MUMBAI, India, Feb. 11 -- Reserve Bank of India issued the following press release: Currently, instructions on customer appropriateness and suitability and other related matters in the context of insurance agency business have been issued to Scheduled Commercial Banks (excluding Regional Rural Banks) and Housing Finance Companies. Upon a review, it has been decided to issue comprehensive instructions on advertising, marketing and sales of financial products and services (including third-party p...


OVERSEAS DIRECT INVESTMENT FOR JANUARY 2026

MUMBAI, India, Feb. 11 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of January 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2090 Disclaimer: Curated by HT Syndication....


MONEY MARKET OPERATIONS AS ON FEBRUARY 10, 2026

MUMBAI, India, Feb. 11 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore, Rate in Per cent) MONEY MARKETS@ -- > Money Markets@ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 6,77,314.91 4.43 3.00-5.55 I. Call Money 11,387.69 5.02 4.35-5.10 II. Triparty Repo 4,82,804.85 4.40 4.28-5.03 III. Market Repo 1,77,559.27 4.48 3.00-5.20 IV. Repo in Corporate Bond 5,563.10 4.68 4.62-5.55 B. Term Segment I. Notice Money** 343.00 5.06...


UTTARAKHAND HIGH COURT ISSUES JUDGEMENT ON IRFAN ALIAS BHURA V/S STATE OF UTTARAKHAND

NAINITAL, India, Feb. 10 -- Uttarakhand High Court issued the following Jan. 9: 1. The applicant-Irfan alias Bhura is in judicial custody for the offence punishable under Section 8 read with Section 21 of the Narcotic Drugs and Psychotropic Substances Act, 1985 (in short, "Act, 1985") in Case Crime No.805 of 2025, registered at Kotwali Manglaur, District Haridwar. 2. According to the First Information Report dated 18.12.2025, the applicant was coming by a motorcycle. Seeing the police, he tri...


UTTARAKHAND HIGH COURT ISSUES JUDGEMENT ON SACHIN V/S STATE OF UTTARAKHAND

NAINITAL, India, Feb. 10 -- Uttarakhand High Court issued the following Jan. 9: 1. The applicant-Sachin is in judicial custody for the offence punishable under Section 8 read with Section 21 of the Narcotic Drugs and Psychotropic Substances Act, 1985 (in short, "Act, 1985") in Case Crime No.812 of 2025, registered at Police Station Manglaur, District Haridwar. 2. According to the First Information Report dated 27.12.2025, the applicant was apprehended by the police on suspicion. Seeing the po...