MUMBAI, India, Nov. 7 -- 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. NGP.DOS.SSM3.No.S611/5-04-166/2025-26 dated November 06, 2025, has issued certain Directions to The Pusad Urban Cooperative Bank Ltd., Pusad ("the bank") whereby, as from t...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to Sri Guru Raghavendra Sahakara Bank Niyamitha, Bengaluru, Karnataka vide Directive No. DOS.CO.UCB.BSD-III.D-2/12.23.283/2019-20 dated January 02, 2020, for a period of six months up to close of business on July 10, 2020. The Reserve Bank of India is satisfied that in the public interest, it is ...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of its powers under section 36AAA read with section 56 of the Banking Regulation Act, 1949, had superseded the Board of Directors of Abhyudaya Cooperative Bank Ltd., Mumbai (the bank) for one year on November 24, 2023, due to material concerns arising from poor governance standards observed within the bank. The period of supersession was extended for a further period of one ...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 9, 2025 - September 12, 2025. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 09-09-2025 7,313 1,601 1,939 64...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period September 1, 2025 - September 5, 2025. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 01-09-2025 2,127 1,753 689 310 1...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period August 25, 2025 - August 29, 2025. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 25-08-2025 5,486 1,561 1,877 279 660...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period August 18, 2025 - August 22, 2025. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 18-08-2025 5,820 1,150 888 463 138 1...
MUMBAI, India, Nov. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period August 11, 2025 - August 14, 2025. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 11-08-2025 5,119 963 1,177 296 131 1...
RANCHI, India, Nov. 6 -- Jharkhand High Court issued the following order on Oct. 6: 1. Learned counsel for the petitioner fairly submits that the connected matter i.e., W.P. (S) No. 4567 of 2017 is with regard to the order of dismissal of this petitioner; as such, he would be pressing the said case, however, he seeks permission to withdraw the writ application being W.P. (S) No. 1929 of 2023 with a liberty to approach the concerned respondent, if so advised. 2. Learned counsel for the respond...
RANCHI, India, Nov. 6 -- Jharkhand High Court issued the following order on Oct. 6: 1. The instant application has been preferred by the petitioner praying for following reliefs: "(i) For issuance of appropriate writ (s), order (s), direction (s) specifically a writ in the nature of mandamus, directing and commanding upon the respondent authorities to appropriately consider the case of the petitioner's son for compassionate appointment and on due consideration grant appointment to petitioner's...