MUMBAI, India, Jan. 30 -- 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 second Variable Rate Repo (VRR) auction on Friday, January 30, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 2,00,000 90 1:00 PM to 01:30 PM April 30, 2026 (Thursday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Rele...
MUMBAI, India, Jan. 30 -- Reserve Bank of India issued the following press release: Tenor 90-day Notified Amount (in ₹ crore) 2,00,000 Total amount of bids received (in ₹ crore) 1,11,500 Amount allotted (in ₹ crore) 1,11,500 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) N.A. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2017 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Jan. 30 -- 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 ₹36,500 Crore (Face Value). Sr. No. State/UT Amount to be raised (₹ Crore) Additional Borrowing (Greenshoe) Option (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 1000 - Re-issue of 7.48% Andhra Pradesh SGS 2035, issued on January 28, 2026 Price 1200 - 13 Yield 1100 - 15 Yield ...
MUMBAI, India, Jan. 30 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated January 29, 2026, imposed a monetary penalty of ₹2.70 lakh (Rupees Two Lakh Seventy Thousand only) on Northern Arc Capital Limited (the company) for non-compliance with certain provisions of the 'Reserve Bank of India [Know Your Customer (KYC)] Directions' issued by RBI. This penalty has been imposed in exercise of powers conferred on RBI under Section...
MUMBAI, India, Jan. 30 -- Reserve Bank of India issued the following press release: Reserve Bank of India announces the auction of Government of India Treasury Bills as per the following details: Sr. No. Treasury Bill Notified Amount (₹ crore) Auction Date Settlement Date 1 91-Day 9,000 February 04, 2026 (Wednesday) February 05, 2026 (Thursday) 2 182-Day 12,000 3 364-Day 8,000 Total 29,000 The sale will be subject to the terms and conditions specified in the General Notification...
MUMBAI, India, Jan. 30 -- Reserve Bank of India issued the following press release: Data on lending and deposit rates of scheduled commercial banks (SCBs) (excluding regional rural banks and small finance banks) received during the month of January 2026 are set out in Tables 1 to 7. Highlights: Lending Rates: * The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.28 per cent in December 2025 (8.71 per cent in November 2025). * The WALR on outstanding rupee l...
MUMBAI, India, Jan. 30 -- Reserve Bank of India issued the following press release: The value of exports and imports of services during December 2025 are presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) October - 2025 35,167 (2.2) 17,729 (2.9) November - 2025 34,262 (6.7) 16,877 (-2.1) December - 2025 41,775 (13.0) 19,104 (7.3) Note: (i) Data for October-December are provisional; and (ii) Figures in parentheses a...
PATNA, India, Jan. 29 -- Patna High Court issued the following order on Dec. 19,2025: IN THE HIGH COURT OF JUDICATURE AT PATNA Miscellaneous Appeal No. 89 of 2021 Assistant Commissioner of Income Tax Appellant/s Versus M/s Gangotri Electrocastings Ltd. Respondent/s Appearance: For the Appellant/s: Mr. Archana Sinha @ Archana Shahi, Sr. Adv. Mr. Alok Kumar, Adv. Ms. Swarna Roy, Adv. For the Respondent/s: Mr. CORAM: HONOURABLE MR. JUSTICE NANI TAGIA and HONOURABLE MR. JUSTICE SANJAY KUMAR SI...
PATNA, India, Jan. 29 -- Patna High Court issued the following order on Dec. 19,2025: IN THE HIGH COURT OF JUDICATURE AT PATNA Miscellaneous Appeal No. 79 of 2024 M/s TCL Industries Ltd, Navgarh Washi, Mumbai, Maharashtra Appellant/s Versus The State of Bihar Respondent/s Appearance: For the Appellant/s: Mr. Krishna Chandra Ojha, Advocate For the Respondent/s: Mr. Government Pleader CORAM: HONOURABLE MR. JUSTICE NANI TAGIA and HONOURABLE MR. JUSTICE SANJAY KUMAR SINGH ORAL ORDER (Per: HON...
PATNA, India, Jan. 29 -- Patna High Court issued the following order on Dec. 19,2025: IN THE HIGH COURT OF JUDICATURE AT PATNA Miscellaneous Appeal No. 51 of 2025 Rakesh Sharma Appellant/s Versus Rani Devi Respondent/s Appearance: For the Appellant/s: Mr. Vishwa Ranjan Choudhary, Advocate For the Respondent/s: Mr. CORAM: HONOURABLE MR. JUSTICE NANI TAGIA and HONOURABLE MR. JUSTICE SANJAY KUMAR SINGH ORAL ORDER (Per: HONOURABLE MR. JUSTICE NANI TAGIA) 19-12-2025 Learned counsel for the ap...