GUWAHATI, India, Oct. 7 -- Gauhati High Court issued the following order on Sept. 8: Heard Dr. A. Todi, the learned counsel appearing on behalf of the petitioners. Ms. U. Das, the learned Additional Senior Government Advocate appears on behalf of the District Commissioner, Nalbari; Ms. N. Borah, the learned counsel appears on behalf of the P&RD Department; Mr. B. Gogoi, the learned counsel appears on behalf of the Finance Department and Mr. R. Dubey, the learned counsel appears on behalf of the...
GUWAHATI, India, Oct. 7 -- Gauhati High Court issued the following order on Sept. 8: Heard Dr. A. Todi, the learned counsel appearing on behalf of the petitioners. Ms. U. Das, the learned Additional Senior Government Advocate appears on behalf of the District Commissioner, Nalbari; Ms. N. Borah, the learned counsel appears on behalf of the P&RD Department; Mr. B. Gogoi, the learned counsel appears on behalf of the Finance Department and Mr. R. Dubey, the learned counsel appears on behalf of the...
GUWAHATI, India, Oct. 7 -- Gauhati High Court issued the following order on Sept. 8: Heard Dr. A. Todi, the learned counsel appearing on behalf of the petitioners. Ms. U. Das, the learned Additional Senior Government Advocate appears on behalf of the District Commissioner, Nalbari; Ms. N. Borah, the learned counsel appears on behalf of the P&RD Department; Mr. B. Gogoi, the learned counsel appears on behalf of the Finance Department and Mr. R. Dubey, the learned counsel appears on behalf of the...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following notification: EXECUTIVE DIRECTOR Reserve Bank of India Mumbai Reserve Bank - Integrated Ombudsman Scheme, 2021 (RB-IOS, 2021) NOTIFICATION Ref. CO.CEPD.PRS.No.S684/13-55-001/2025-2026 October 07, 2025 In exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, and in partial modification of the notification CEPD. PRD. No. S544/13.01.001/2022-23 dated August 05, 2022, the Reserve Bank of In...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following speech: Opening and Context Setting Good afternoon, distinguished policymakers, members of academia, industry leaders and innovators. It is both a pleasure and a responsibility to address this gathering on a subject that is poised to shape the future of finance, society, and governance alike-Responsible Artificial Intelligence. AI has rapidly evolved from an academic discussion less than a decade back to become an integral pa...
MUMBAI, India, Oct. 7 -- 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) 6,59,919.69 5.27 4.00-6.35 I. Call Money 13,757.99 5.35 4.80-5.40 II. Triparty Repo 4,11,245.50 5.24 5.00-5.35 III. Market Repo 2,30,378.65 5.31 4.00-5.90 IV. Repo in Corporate Bond 4,537.55 5.47 5.40-6.35 B. Term Segment I. Notice Money** 3,198.75 5.3...
MUMBAI, India, Oct. 7 -- 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 has, in exercise of the powers conferred under Section 35A of the Banking Regulation Act, 1949, issued a Notification to bring State Co-operative Banks and Central Co-operative Banks under the ambit of the Reserve Bank - Integrated Ombudsman Scheme, 2021 (the Scheme), with effec...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank has released today the draft Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2025. 2. The Reserve Bank, vide Master Direction - Reserve Bank of India (Internal Ombudsman for Regulated Entities) Directions, 2023 dated December 29, 2023, has institutionalized the Internal Ombudsman mechanism in various regulated entities (REs) for independent review...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank has released today the draft Reserve Bank - Ombudsman Scheme, 2025 (Scheme). 2. The Reserve Bank - Integrated Ombudsman Scheme (RB-IOS), 2021 launched on November 12, 2021, provides customers of Regulated Entities (REs) a speedy, cost-effective and expeditious alternate grievance redress mechanism. Based on the operational experience, stakeholder feedback, and global best practices, the Reserve ...
MUMBAI, India, Oct. 7 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has launched the 71st round of its Order Books, Inventories and Capacity Utilisation Survey (OBICUS). The survey is for the reference period July - September 2025 (Q2:2025-26). The Reserve Bank has been conducting the Order Books, Inventories and Capacity Utilisation Survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008. The information collected in the survey incl...