UTTARAKHAND HIGH COURT ISSUES ORDER ON KARAM SINGH V/S STATE OF UTTARAKHAND AND OTHERS

NAINITAL, India, March 12 -- Uttarakhand High Court issued the following judgment/order on Feb. 10: 1. By means of present intra-court appeal, appellant has challenged an order passed by learned Single Judge dated 19.06.2025 in WPSS No.1027 of 2025 dismissing the writ petition filed by the appellant/petitioner challenging the transfer order. Coordinate Bench while entertaining the appeal vide order dated 07.07.2025 has stayed the effect and operation of the transfer order. 2. Shri Gajendra Tr...


UTTARAKHAND HIGH COURT ISSUES ORDER ON AMANJYOT SINGH V/S VIKAS CHANDRA BAIRAGI AND ANOTHER

NAINITAL, India, March 12 -- Uttarakhand High Court issued the following judgment/order on Feb. 10: 1. The respondent no.1 had filed a Claim Petition (Motor Accident Claim Petition No.95 of 2022, "Vikas Chandra Bairagi vs. Amanjyot Singh and Oriental Insurance Company Ltd."). The Motor Accident Claims Tribunal/ IInd Additional District Judge, Haldwani, District Nainital passed an ex-parte Award against the present petitioner on 07.11.2024. An Application (No.24 of 2025) has been filed by the pr...


UTTARAKHAND HIGH COURT ISSUES ORDER ON MAHESH CHANDRA SHAH V/S HARISH CHANDRA JOSHI

NAINITAL, India, March 12 -- Uttarakhand High Court issued the following judgment/order on Feb. 10: 1. The present petition under Article 227 of the Constitution of India is filed to quash the judgment and order dated 24.08.2021 passed by the learned District Judge, Almora in Rent Control Appeal No.04 of 2020, titled as "Harish Chandra vs. Mahesh Chandra Shah", whereby the appeal preferred by the Respondent-tenant under Section 22 of the U.P. Act No.13 of 1972 has been allowed, and the judgment...


DIGITAL PAYMENTS AWARENESS WEEK 2026 - LAUNCH OF 'AWARENESS PROGRAM ON DIGITAL PAYMENTS' AND INTERACTION WITH PAYMENT SYSTEMS OPERATORS (PSOS)

MUMBAI, India, March 12 -- Reserve Bank of India issued the following press release: The sixth edition of Digital Payments Awareness Week (DPAW) is being observed during March 9-13, 2026. As part of this initiative, Governor Shri Sanjay Malhotra today launched the pilot program titled 'Awareness Program on Digital Payments'. The pilot will be conducted in Maharashtra in partnership with CSC e-Governance Services India Limited. The pilot will include conduct of in-person awareness programs for 1...


DIRECTIONS UNDER SECTION 35 A READ WITH SECTION 56 OF THE BANKING REGULATION ACT, 1949 - KANAKA PATTANA SAHAKARA BANK NIYAMITA, DAVANGERE

MUMBAI, India, March 12 -- Reserve Bank of India issued the following press release: It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. BLR.DOS.QAG.No.S1362/12-07-248/2025-2026 dated March 11, 2026, has issued certain Directions to Kanaka Pattana Sahakara Bank Niyamita, Davangere ("the bank"), whereby, as...


RBI IMPOSES MONETARY PENALTY ON WALCHANDNAGAR SAHAKARI BANK LTD., WALCHANDNAGAR, MAHARASHTRA

MUMBAI, India, March 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 11, 2026, imposed a monetary penalty of ₹50,000/- (Rupees Fifty Thousand only) on Walchandnagar Sahakari Bank Ltd., Walchandnagar, Maharashtra (the bank), for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A...


RBI IMPOSES MONETARY PENALTY ON THE PALLIKONDA CO-OPERATIVE URBAN BANK LIMITED, TAMIL NADU

MUMBAI, India, March 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated March 09, 2026, imposed a monetary penalty of ₹30,000/- (Rupees Thirty Thousand only) on The Pallikonda Co-operative Urban Bank Limited, Tamil Nadu (the bank) for non-compliance with certain directions issued by RBI on 'Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)' and 'Exposure Norms and Statutory / Other Restricti...


MONEY MARKET OPERATIONS AS ON MARCH 11, 2026

MUMBAI, India, March 12 -- 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) 6,77,002.93 4.83 1.50-6.05 I. Call Money 16,993.21 5.08 4.50-5.15 II. Triparty Repo 4,65,898.50 4.80 4.50-5.00 III. Market Repo 1,88,881.97 4.88 1.50-5.75 IV. Repo in Corporate Bond 5,229.25 5.05 4.98-6.05 B. Term Segment I. Notice Money** 316.75 5.0...


TRIPURA HIGH COURT ISSUES ORDER ON SRI BIPLAB KANTI GHOSH AND ORS. V/S HE STATE OF TRIPURA AND ORS.

AGARTALA, India, March 11 -- Tripura High Court issued the following order/judgement on Feb. 10: IA No.05 of 2025 in WP(C) No.327 of 2025 The present interlocutory application seeking addition of the applicants as respondents is allowed. IA stands disposed of. IA No.06 of 2026 in WP(C)No.327 of 2025 The present interlocutory application is allowed and the Writ Petition is permitted to be amended as sought for by the petitioners. The respondents shall file counter affidavit to the amended...


TRIPURA HIGH COURT ISSUES ORDER ON USHA RANI DAS V/S THE STATE OF TRIPURA AND ORS.

AGARTALA, India, March 11 -- Tripura High Court issued the following order/judgement on Feb. 10: Heard Mr. Purusuttam Roy Barman, learned senior counsel appearing for the petitioner. Mr. Mangal Debbarma, learned Addl. G.A. appears and accepts notice for respondents No.1 & 2 and Mr. Debalay Bhattacharya, learned senior counsel appears and accepts notice for respondent No.3. The petitioner has prayed for family pension due to the death of her husband, namely Michael Das, who went on retirement ...