PATNA, India, Oct. 24 -- Patna High Court issued the following judgment on Sept. 24: The appellant has assailed the order of the learned Single Judge dated 20.01.2025 passed in CWJC No. 2140 of 2022. 2. The learned Single Judge after recording certain dates and events from para 3 to 10 of the order proceeded to dismiss the writ petition. 3. Moot question for consideration in the present lis is whether the Executive Officer, Nagar Parishad, Motihari, East Champaran, is empowered to abruptly st...
PATNA, India, Oct. 24 -- Patna High Court issued the following judgment on Sept. 24: The present intra-court appeal has been filed by the appellants/State of Bihar against the judgment dated 21.09.2022, passed by the learned Single Judge in CWJC No. 12317 of 2011, whereby the writ petition was disposed of holding the entitlement of the petitioner for interest @ 6% per annum from 1st August, 2011 till 11.08.2022, the date on which the medical reimbursement has been settled in full and if the int...
PATNA, India, Oct. 24 -- Patna High Court issued the following judgment on Sept. 24: Appellants-State have assailed the order of the learned Single Judge dated 11.12.2019 passed in C.W.J.C. No. 17415 of 2018 only to the extent of para-7 of the order. Para-7 reads as under: "7. Under the aforesaid circumstances, the Court is not inclined to grant any indulgence except that in future if the respondents take steps for making appointment or engagement on the post of Executive Assistant, they are r...
MUMBAI, India, Oct. 24 -- 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, October 27, 2025, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 1,00,000 1 09:30 AM to 10:00 AM October 28, 2025 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2...
MUMBAI, India, Oct. 24 -- Reserve Bank of India issued the following press release: In pursuance of the announcement made in the Statement on Developmental and Regulatory Policies dated October 01, 2025, the Reserve Bank of India (RBI) has today issued the following draft Directions for public comments: 1. Draft Reserve Bank of India (Capital Market Exposure) Directions, 2025 * Draft Reserve Bank of India (Commercial Banks - Capital Market Exposure) Directions, 2025 * Draft Reserve Bank of...
MUMBAI, India, Oct. 24 -- 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 ₹17,800 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Goa 100 12 Yield 2. Haryana 1000 08 Yield 1000 12 Yield 1000 14 Yield 1000 16 Yield 3. Himachal Pradesh 200 06 Yield 4. Jammu and Kashmir 300 17 Yield 5. Madhya Pradesh 2700 21 Yield 2500 2...
MUMBAI, India, Oct. 24 -- Reserve Bank of India issued the following press release: In terms of para 7(b) of the captioned Directions dated July 29, 2025, it has been stipulated that the Reserve Bank may, in consultation with the Government of India, by a notification, exempt certain Alternative Investment Funds (AIFs) from the scope of the above Directions (except for paragraph 5 - "General Requirement"), and the previous circulars dated December 19, 2023 and March 27, 2024 issued on the matte...
MUMBAI, India, Oct. 24 -- Reserve Bank of India issued the following press release: 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2024 2025 Variation Oct. 18 Oct. 10 Oct. 17 Week Year 1 2 3 4 5 4 Loans and Advances 4.1 Central Government - 0 0 0 0 4.2 State Governments 23398 16116 30095 13979 6697 * Data are provisional; difference, if any, is due to rounding off. 2. Foreign Exchange Reserves* Item As on Oct. 17, 2025 Variation over Week End-March 2025 Year S...
MUMBAI, India, Oct. 24 -- Reserve Bank of India issued the following press release: Tenor 3-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 30,750 Amount allotted (in ₹ crore) 30,750 Cut off Rate (%) 5.51 Weighted Average Rate (%) 5.51 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1373 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Oct. 24 -- 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) 6,48,081.04 5.33 4.00-6.45 I. Call Money 14,926.60 5.46 4.40-5.60 II. Triparty Repo 4,16,177.00 5.27 4.75-5.45 III. Market Repo 2,13,994.89 5.44 4.00-6.00 IV. Repo in Corporate Bond 2,982.55 5.67 5.55-6.45 B. Term Segment I. Notice Money** 46.20 5.18 ...