RANCHI, India, May 29 -- Jharkhand High Court issued the following order on April 29: 1. The facts and circumstances in the present I.A. and I.A. No. 13957 of 2025 are almost the same. However, in this case, the delay is of 196 days whereas, in I.A. No. 13957 of 2025, the delay was of 227 days. 2. Even the averments in the present I.A. are not different than the averments in I.A. 13957 of 2025. 3. Accordingly, for the reasons recorded by us in our order disposing of I.A. No. 13957 of 2025 a...
RANCHI, India, May 29 -- Jharkhand High Court issued the following order on April 29: 1. Herad learned counsel for the parties at length. 2. This application seeks condonation of a delay of 227 days in instituting this Letters Patent Appeal. The Letters Patent Appeal challenges the learned Single Judge's order dated 21.08.2024. For reasons discussed hereafter, we are satisfied that sufficient cause has not been shown to condone this delay. 3. In paragraph-4 of this I.A., it is stated that t...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: Data on sectoral deployment of bank credit for the month of April 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs1, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 15.8 per cent as on the fortnight ended April 30, 2026, compared to 9.8 per cent during the corr...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: The following State Governments have offered to sell stock by way of auction, for an aggregate amount of ₹24,100 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 2200 12 Yield 2200 Re-issue of 8.07% Andhra Pradesh SGS 2051, issued on April 08, 2026 Price 2. Gujarat 1000 10 Yield 1500 15 Yield 3. Jammu and Kashmir 500 20 Yield 4. Maha...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: (Amount in ₹ crore) SCHEDULED COMMERCIAL BANKS (Including RRBs, SFBs and PBs) ALL SCHEDULED BANKS 16-May-2025# 30-Apr-2026 15-May-2026 16-May-2025# 30-Apr-2026 15-May-2026 I LIABILITIES TO THE BKG.SYSTEM (A) a) Demand & Time deposits from banks 356142.91 399022.12 392536.87 362066.90 407241.81 400955.54** b) Borrowings from banks 111240.77 78712.85 77331.24 111243.77 79251.33 77922.89 c) Other d...
MUMBAI, India, May 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 i...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: In the underwriting auction conducted on May 29, 2026, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below: Nomenclature of the Security Notified Amount (₹ crore) Minimum Underwriting Commitment (MUC) Amount (₹ crore) Additional Competitive Und...
MUMBAI, India, May 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) 7,47,130.29 5.24 3.00-5.75 I. Call Money 18,886.72 5.36 4.60-5.50 II. Triparty Repo 5,31,093.15 5.24 5.17-5.75 III. Market Repo 1,90,350.92 5.20 3.00-5.68 IV. Repo in Corporate Bond 6,799.50 5.34 5.30-5.45 B. Term Segment I. Notice Money** 61.10 5.20 4...
MUMBAI, India, May 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 Friday, May 29, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 3 10:00 AM to 10:30 AM June 01, 2026 (Monday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2022/1...
MUMBAI, India, May 29 -- Reserve Bank of India issued the following press release: Today, the Reserve Bank of India released its Annual Report for 2025-26, a statutory report of its Central Board of Directors. The Report covers the working and functions of the Reserve Bank of India for the period April 2025 - March 2026. (Brij Raj) Chief General Manager Press Release: 2026-2027/343 Disclaimer: Curated by HT Syndication....