RBI TO CONDUCT 4-DAY VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON OCTOBER 20, 2025

MUMBAI, India, Oct. 17 -- 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, October 20, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,75,000 4 09:30 AM to 10:00 AM October 24, 2025 (Friday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 20...


DIRECTIONS UNDER SECTION 35A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - THE KONARK URBAN CO-OPERATIVE BANK LTD., ULHASNAGAR - EXTENSION OF PERIOD

MUMBAI, India, Oct. 17 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, vide directive CO.DOS.SED.No.S592/45-11-001/2024-25 dated April 23, 2024, had placed the Konark Urban Co-operative Bank Ltd., Ulhasnagar, under Directions from the close of business on April 23, 2024, for a period of six months. The validity of the directions was extended from time-to-time, the last being up to October 23, 2025. 2. It is hereby notified for the information of the publ...


PREMATURE REDEMPTION UNDER SOVEREIGN GOLD BOND (SGB) SCHEME - REDEMPTION PRICE FOR PREMATURE REDEMPTION OF 2020-21 SERIES-VII DUE ON OCTOBER 20, 2025

MUMBAI, India, Oct. 17 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(4)-B(W&M)/2020 dated October 09, 2020 (SGB 2020-21 Series-VII-Issue date October 20, 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 due date of premature redemption of the above tranche shall be on October 20, 2025. 2. F...


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

MUMBAI, India, Oct. 17 -- 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 7,000 October 23, 2025 (Thursday) October 24, 2025 (Friday) 2 182-Day 6,000 3 364-Day 6,000 Total 19,000 The sale will be subject to the terms and conditions specified in the General Notification F.No....


GAUHATI HIGH COURT ISSUES ORDER FOR RANA GOGOI AND 5 ORS. V/S THE STATE OF ASSAM AND 3 ORS.

GUWAHATI, India, Oct. 16 -- Gauhati High Court issued the following order on Sept. 16: 1. Heard Mr. K. N. Choudhury, learned Senior Counsel assisted by Mr. M. Das, learned counsel for the petitioners in WP(C) 4068/2023, WP(C) 4069/2023, WP(C) 4070/2023, WP(C) 4071/2023, WP(C) 4072/2023, WP(C) 4073/2023, WP(C) 4074/2023; Mr. B. D. Konwar, learned Senior Counsel assisted by Mr. J. Singh, learned counsel for the petitioners in WP(C) 3422/2023; G. Goswami, learned counsel for the petitioners in WP(...


GAUHATI HIGH COURT ISSUES ORDER FOR RUPAM BORUAH AND 2 ORS. V/S THE STATE OF ASSAM AND 3 ORS

GUWAHATI, India, Oct. 16 -- Gauhati High Court issued the following order on Sept. 16: 1. Heard Mr. K. N. Choudhury, learned Senior Counsel assisted by Mr. M. Das, learned counsel for the petitioners in WP(C) 4068/2023, WP(C) 4069/2023, WP(C) 4070/2023, WP(C) 4071/2023, WP(C) 4072/2023, WP(C) 4073/2023, WP(C) 4074/2023; Mr. B. D. Konwar, learned Senior Counsel assisted by Mr. J. Singh, learned counsel for the petitioners in WP(C) 3422/2023; G. Goswami, learned counsel for the petitioners in WP(...


GAUHATI HIGH COURT ISSUES ORDER FOR RUPJYOTI BORA AND ANR V/S THE STATE OF ASSAM AND 4 ORS

GUWAHATI, India, Oct. 16 -- Gauhati High Court issued the following order on Sept. 16: 1. Heard Mr. K. N. Choudhury, learned Senior Counsel assisted by Mr. M. Das, learned counsel for the petitioners in WP(C) 4068/2023, WP(C) 4069/2023, WP(C) 4070/2023, WP(C) 4071/2023, WP(C) 4072/2023, WP(C) 4073/2023, WP(C) 4074/2023; Mr. B. D. Konwar, learned Senior Counsel assisted by Mr. J. Singh, learned counsel for the petitioners in WP(C) 3422/2023; G. Goswami, learned counsel for the petitioners in WP(...


GAUHATI HIGH COURT ISSUES ORDER FOR PROTIMA DUTTA AND 21 ORS V/S THE STATE OF ASSAM AND 3 ORS

GUWAHATI, India, Oct. 16 -- Gauhati High Court issued the following order on Sept. 16: 1. Heard Mr. K. N. Choudhury, learned Senior Counsel assisted by Mr. M. Das, learned counsel for the petitioners in WP(C) 4068/2023, WP(C) 4069/2023, WP(C) 4070/2023, WP(C) 4071/2023, WP(C) 4072/2023, WP(C) 4073/2023, WP(C) 4074/2023; Mr. B. D. Konwar, learned Senior Counsel assisted by Mr. J. Singh, learned counsel for the petitioners in WP(C) 3422/2023; G. Goswami, learned counsel for the petitioners in WP(...


GAUHATI HIGH COURT ISSUES ORDER FOR BIJOY KUMAR SINGHA AND 10 ORS. V/S THE STATE OF ASSAM AND 4 ORS

GUWAHATI, India, Oct. 16 -- Gauhati High Court issued the following order on Sept. 16: 1. Heard Mr. K. N. Choudhury, learned Senior Counsel assisted by Mr. M. Das, learned counsel for the petitioners in WP(C) 4068/2023, WP(C) 4069/2023, WP(C) 4070/2023, WP(C) 4071/2023, WP(C) 4072/2023, WP(C) 4073/2023, WP(C) 4074/2023; Mr. B. D. Konwar, learned Senior Counsel assisted by Mr. J. Singh, learned counsel for the petitioners in WP(C) 3422/2023; G. Goswami, learned counsel for the petitioners in WP(...


GAUHATI HIGH COURT ISSUES ORDER FOR THE STATE TRANSPORT WORKERS ASSOCIATION AND ANR. V/S THE STATE OF ASSAM AND 3 ORS

GUWAHATI, India, Oct. 16 -- Gauhati High Court issued the following order on Sept. 16: 1. Heard Mr. K. N. Choudhury, learned Senior Counsel assisted by Mr. M. Das, learned counsel for the petitioners in WP(C) 4068/2023, WP(C) 4069/2023, WP(C) 4070/2023, WP(C) 4071/2023, WP(C) 4072/2023, WP(C) 4073/2023, WP(C) 4074/2023; Mr. B. D. Konwar, learned Senior Counsel assisted by Mr. J. Singh, learned counsel for the petitioners in WP(C) 3422/2023; G. Goswami, learned counsel for the petitioners in WP(...