HIGH COURT OF JUDICATURE AT PATNA ORDER: TUNTUN PRASAD & ANR. V/S THE STATE OF BIHAR & ANR.

PATNA, India, June 26 -- Patna High Court issued the following order on June 3: IN THE HIGH COURT OF JUDICATURE AT PATNA CRIMINAL MISCELLANEOUS No. 3259 of 2026 Arising Out of P.S. Case No. 19 Year 2025, Thana: Cyber P.S., District: Katihar Tuntun Prasad & Anr. ... Petitioner/s Versus The State of Bihar & Anr. ... Opposite Party/s Appearance: For the Petitioner/s: Mr. Ravi Shanker Pankaj, Advocate. For the State: Mr. Jai Narain Thakur, APP. CORAM: HONOURABLE MR. JUSTICE HARISH KUMAR ...


HIGH COURT OF UTTARAKHAND ORDER: DEEPAK SINGH BATHKORA V/S STATE OF UTTARAKHAND

NAINITAL, India, June 26 -- Uttarakhand High Court issued the following order on June 3: IN THE HIGH COURT OF UTTARAKHAND BA 1st No. 897 of 2026 Deepak Singh Bathkora ......Applicant Versus State of Uttarakhand ......Respondent Hon'ble Ashish Naithani, J. Ms. Layba Noor, learned counsel for the Applicant. Mr. S.S. Chauhan, learned DAG with Mr. Vikash Uniyal, learned Brief Holder, for the State of Uttarakhand. 1. One week time is granted to the State to file counter affidavit. 2. List ...


RBI IMPOSES MONETARY PENALTY ON THE LALGUDI CO-OPERATIVE URBAN BANK LTD., TAMIL NADU

MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 22, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Lalgudi Co-operative Urban Bank Ltd., 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)'. This penalty has been imposed in exercise of powers conferred on RB...


RBI IMPOSES MONETARY PENALTY ON THE MODERN CO-OPERATIVE BANK LIMITED, CHALISGAON, MAHARASHTRA

MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 23, 2026, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on The Modern Co-operative Bank Limited, Chalisgaon, Maharashtra (the bank) for non-compliance with certain directions issued by RBI on 'Exposure Norms and Statutory / Other Restrictions - UCBs' and 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers...


RBI IMPOSES MONETARY PENALTY ON THE NABAPALLI COOPERATIVE BANK LIMITED, WEST BENGAL

MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated June 22, 2026, imposed a monetary penalty of ₹3 lakh (Rupees Three Lakh only) on The Nabapalli Cooperative Bank Limited, West Bengal (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(1)(c) read with S...


RBI RELEASES DRAFT MASTER DIRECTION - RESERVE BANK OF INDIA (CALL, NOTICE AND TERM MONEY MARKETS) DIRECTIONS, 2026

MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release: In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated April 08, 2026, the Reserve Bank of India has released today the draft Master Direction - Reserve Bank of India (Call, Notice and Term Money Markets) Directions, 2026. Comments on the draft Directions are invited from banks, market participants and other interested stakeholders by July 17, 2026. Feedback on the...


GOVERNOR, RESERVE BANK OF INDIA MEETS REPRESENTATIVES OF EXPORT ORGANISATIONS IN MUMBAI ON JUNE 25, 2026

MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release: Governor, Reserve Bank of India, Shri Sanjay Malhotra today met in Mumbai with representatives of various Export Federations, Export Promotion Councils, Export Committee of Confederation of Indian Industry and Foreign Exchange Dealers' Association of India. The meeting was also attended by Deputy Governors Shri Swaminathan J., Dr. Poonam Gupta and Shri Rohit Jain and other senior officers of Reserve Bank of Ind...


CALENDAR FOR AUCTION OF GOVERNMENT OF INDIA TREASURY BILLS

MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release: (For the Quarter ending September 2026) Reserve Bank of India, in consultation with the Government of India, hereby, releases the calendar for issuance of Treasury Bills for the quarter ending September 2026 as under: Notified Amount for Auction of Treasury Bills (July - September, 2026) (₹ crore) Date of Auction Date of Issue 91 Days 182 Days 364 Days Total July 01, 2026 July 02, 2026 9,000 8,000 7,000...


RBI TO CONDUCT 2-DAY VARIABLE RATE REPO (VRR) AUCTION UNDER LAF ON JUNE 29, 2026

MUMBAI, India, June 25 -- 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, June 29, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 75,000 2 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 2021-2022...


RBI ISSUES MASTER DIRECTION - RESERVE BANK OF INDIA (CREDIT DERIVATIVES) DIRECTIONS, 2026

MUMBAI, India, June 25 -- Reserve Bank of India issued the following press release: In pursuance of the announcement made in the Union Budget for FY 2026-27 and as stated in the Statement on Developmental and Regulatory Policies dated February 06, 2026, to enable the introduction of derivatives on credit indices and total return swaps on corporate bonds, the Reserve Bank of India had issued Draft Directions on February 6, 2026, seeking feedback from market participants, stakeholders and other i...