HIGH COURT OF JUDICATURE AT PATNA ISSUES ORDER ON BITTU KUMAR V/S THE STATE OF BIHAR CASE

PATNA, India, June 29 -- Patna High Court issued the following order on June 4: IN THE HIGH COURT OF JUDICATURE AT PATNA CRIMINAL MISCELLANEOUS No. 27558 of 2026 Arising Out of P.S. Case No. 74 Year 2026, Thana: Motipur, District: Muzaffarpur Bittu Kumar @ Bitu Kumar ... Petitioner/s Versus The State of Bihar ... Opposite Party/s Appearance: For the Petitioner/s: Mr. Manoj Kumar, Advocate For the Opposite Party/s: Mr. Suresh Prasad Singh, APP CORAM: HONOURABLE MR. JUSTICE HARISH KU...


RBI TO CONDUCT OVERNIGHT VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON JUNE 30, 2026

MUMBAI, India, June 29 -- 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 Tuesday, June 30, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 1 9:30 AM to 10:00 AM July 01, 2026 (Wednesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-20...


AUCTION OF GOVERNMENT OF INDIA DATED SECURITY

MUMBAI, India, June 29 -- Reserve Bank of India issued the following press release: Government of India (GoI) has announced the sale (re-issue) of one dated security for a notified amount of ₹34,000 crore as per the following details: Sr No Security Date of Repayment Notified Amount (₹ Crore) GoI specific Notification Auction Date Settlement Date 1 6.94% GS 2036 May 11, 2036 34,000 F.No.4(1)-B(W&M)/2026 dated June 29, 2026 July 03, 2026 (Friday) July 06, 2026 (Monday) Total 3...


INDIA'S EXTERNAL DEBT AS AT THE END OF MARCH 2026

MUMBAI, India, June 29 -- Reserve Bank of India issued the following press release: The stock of external debt at end-March 2026 as well as revised data for earlier quarters are set out in Statements I (IMF format1) and II (old format). The major developments relating to India's external debt as at end-March 2026 are presented below. Highlights * At end-March 2026, India's external debt was placed at US$ 762.8 billion, an increase of US$ 26.3 billion over its level at end-March 2025 (Table ...


RBI IMPOSES MONETARY PENALTY ON SRI BHARATHI CO-OPERATIVE URBAN BANK LIMITED, HYDERABAD

MUMBAI, India, June 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 25, 2026, imposed a monetary penalty of ₹1.50 lakh (Rupees One Lakh Fifty Thousand only) on Sri Bharathi Co-operative Urban Bank Limited, Hyderabad (the bank) for non-compliance with certain directions issued by RBI on 'Loans and advances to directors, their relatives, and firms / concerns in which they are interested' and 'Small Value Loans - Pri...


RBI IMPOSES MONETARY PENALTY ON THE CHIKMAGALUR DISTRICT CO-OPERATIVE CENTRAL BANK LTD., KARNATAKA

MUMBAI, India, June 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 25, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Chikmagalur District Co-operative Central Bank Ltd., Karnataka (the bank) for contravention of provisions of Section 20 read with Section 56 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under the provi...


RBI IMPOSES MONETARY PENALTY ON THE CITIZENS URBAN COOPERATIVE BANK LTD., JALANDHAR, PUNJAB

MUMBAI, India, June 29 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 25, 2026, imposed a monetary penalty of ₹5 lakh (Rupees Five Lakh only) on The Citizens Urban Cooperative Bank Ltd., Jalandhar, Punjab (the bank) for non-compliance with certain directions issued by RBI on 'Exposure Norms and Statutory / Other Restrictions' and 'Comprehensive Cyber Security Framework for Primary (Urban) Cooperative Banks (UCBs) - ...


RESULT OF BUYBACK AUCTION OF GOVERNMENT OF INDIA DATED SECURITIES

MUMBAI, India, June 29 -- Reserve Bank of India issued the following press release: I. Summary Results Aggregate amount (Face Value) notified ₹30,000.000 crore Total amount offered (Face Value) by participants ₹7,694.224 crore Total amount accepted (Face Value) ₹7,388.194 crore II. Details Of Each Security Security 7.33% GS 2026 5.74% GS 2026 8.15% GS 2026 8.24% GS 2027 No. of offers received 11 19 14 13 Total amount (Face Value) offered (₹ Crore) 451.500 3,123.504 2,9...


MONEY MARKET OPERATIONS AS ON JUNE 28, 2026

MUMBAI, India, June 29 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo ...


MONEY MARKET OPERATIONS AS ON JUNE 27, 2026

MUMBAI, India, June 29 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo ...