MUMBAI, India, Nov. 11 -- Reserve Bank of India issued the following press release: The following 2 Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business Sr. No. Name of...
MUMBAI, India, Nov. 11 -- Reserve Bank of India issued the following press release: Sr. No. State/UT Amount to be raised (₹ Crore) Amount Accepted (₹ Crore) Cut off Price (₹)/Yield (%) Tenor (Year) 1. Bihar 1500 1500 7.44 15 2. Chhattisgarh 500 500 100.52/6.3876 Re-issue of 6.59% Chhattisgarh SDL 2028, issued on October 06, 2021 1000 1000 99.98/7.1408 Re-issue of 7.14% Chhattisgarh SGS 2033, issued on February 12, 2025 3. Jammu and Kashmir 450 450 7.46 20 4. Madhya Pradesh...
MUMBAI, India, Nov. 11 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued the 'Framework for Recognition of Self-Regulatory Organisation (SRO) for Payment System Operators (PSOs)' on October 22, 2020, and an 'Omnibus framework for recognition of SROs for Regulated Entities of the Reserve Bank' on March 21, 2024 inviting interested groups / associations to seek recognition as SRO in terms of the criteria laid down therein. 2. Subsequently, an applicati...
MUMBAI, India, Nov. 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) 6,38,938.16 5.22 4.00-6.25 I. Call Money 16,498.65 5.34 4.75-5.45 II. Triparty Repo 4,09,399.95 5.19 5.13-5.30 III. Market Repo 2,08,933.06 5.27 4.00-5.45 IV. Repo in Corporate Bond 4,106.50 5.40 5.35-6.25 B. Term Segment I. Notice Money** 289.50 5.29...
JABALPUR, India, Nov. 10 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 13: By this application, petitioner seeks leave to withdraw the petition with liberty to file afresh contending that there are certain omissions and technical defects in the petition. In view of the above, petition is dismissed as withdrawn with liberty as prayed for. Disclaimer: Curated by HT Syndication....
JABALPUR, India, Nov. 10 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 13: 1. Learned counsel for petitioner seeks leave to withdraw the petition, reserving the right of the petitioner to initiate appropriate proceedings in accordance with law. 2. Petition is accordingly dismissed as withdrawn. 3. All rights and contentions of the parties are reserved. Disclaimer: Curated by HT Syndication....
JABALPUR, India, Nov. 10 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 13: 1. This order will dispose of W.P.Nos.4298/2024, 6124/2024, 14298/2024, 9741/2025, 11080/2025 and 20603/2025 as the issue involved in all these petitions are in respect of the appointment of Guest Faculty Teachers against vacant posts of Assistant Professor. 2. In W.P.No.4298/2024, 9741/2025, 11080/2025, 20603/2025, the petitioners have challenged Clause 10.4 of the guidelines issued by the S...
JABALPUR, India, Nov. 10 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 13: 1. This order will dispose of W.P.Nos.4298/2024, 6124/2024, 14298/2024, 9741/2025, 11080/2025 and 20603/2025 as the issue involved in all these petitions are in respect of the appointment of Guest Faculty Teachers against vacant posts of Assistant Professor. 2. In W.P.No.4298/2024, 9741/2025, 11080/2025, 20603/2025, the petitioners have challenged Clause 10.4 of the guidelines issued by the S...
JABALPUR, India, Nov. 10 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 13: 1. This order will dispose of W.P.Nos.4298/2024, 6124/2024, 14298/2024, 9741/2025, 11080/2025 and 20603/2025 as the issue involved in all these petitions are in respect of the appointment of Guest Faculty Teachers against vacant posts of Assistant Professor. 2. In W.P.No.4298/2024, 9741/2025, 11080/2025, 20603/2025, the petitioners have challenged Clause 10.4 of the guidelines issued by the S...
JABALPUR, India, Nov. 10 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 13: 1. This order will dispose of W.P.Nos.4298/2024, 6124/2024, 14298/2024, 9741/2025, 11080/2025 and 20603/2025 as the issue involved in all these petitions are in respect of the appointment of Guest Faculty Teachers against vacant posts of Assistant Professor. 2. In W.P.No.4298/2024, 9741/2025, 11080/2025, 20603/2025, the petitioners have challenged Clause 10.4 of the guidelines issued by the S...