RANCHI, India, Jan. 8 -- Jharkhand High Court issued the following order on Dec. 8: 1. Heard, learned counsel appearing on behalf of the petitioners, learned counsels appearing on behalf of the State and learned counsels appearing on behalf of the JSSC. 2. The issue involved and sought to be raised in this writ petition has already been decided by Hon'ble Coordinate Single Bench of this Court in W.P.(S) No. 582 of 2023 (Mina Kumari Vs. The State of Jharkhand & Others along with Analogous Case...
MUMBAI, India, Jan. 8 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated December 9, 2025, imposed a monetary penalty of ₹1 lakh (Rupees One Lakh only) on Pinnacle Capital Solutions Private Limited, Jharkhand (the company) for non-compliance with certain directions issued by RBI on 'Default Loss Guarantee (DLG) in Digital Lending'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of S...
MUMBAI, India, Jan. 8 -- 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 Friday, January 09, 2026, as under: Sl. No. Notified Amount (₹ crore) Tenor (day) Window Timing Date of Reversal 1 50,000 4 9:30 AM to 10:00 AM January 13, 2026 (Tuesday) 2. The operational guidelines for the auction will be same as given in Reserve Bank's Press Release 2021-2...
MUMBAI, India, Jan. 8 -- Reserve Bank of India issued the following press release: Reserve Bank of India today placed on its website the following draft Directions for public comments: * Draft Reserve Bank of India (Urban Co-operative Banks - Governance) Amendment Directions, 2026 * Draft Reserve Bank of India (Rural Co-operative Banks - Governance) Amendment Directions, 2026 The comments/feedback on the draft directions are invited from public/stakeholders by January 30, 2026. The comme...
MUMBAI, India, Jan. 8 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Money Supply for the fortnight ended December 31, 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1882 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Jan. 8 -- Reserve Bank of India issued the following press release: Tenor 1-day Notified Amount (in ₹ crore) 1,25,000 Total amount of bids received (in ₹ crore) 70,968 Amount allotted (in ₹ crore) 70,968 Cut off Rate (%) 5.26 Weighted Average Rate (%) 5.26 Partial Allotment Percentage of bids received at cut off rate (%) NA Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1880 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Jan. 8 -- 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) 6,63,180.86 5.22 2.50-6.40 I. Call Money 18,861.41 5.30 4.50-5.48 II. Triparty Repo 4,45,876.75 5.19 5.10-5.75 III. Market Repo 1,95,305.15 5.29 2.50-5.70 IV. Repo in Corporate Bond 3,137.55 5.38 5.35-6.40 B. Term Segment I. Notice Money** 101.00 5.27 ...
MUMBAI, India, Jan. 8 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (re-issue) of Government Securities, as detailed below, through auction to be held on January 09, 2026 (Friday). As per the extant scheme of underwriting commitment notified on November 14, 2007, the amounts of Minimum Underwriting Commitment (MUC) and the minimum bidding commitment under Additional Competitive Underwriting (ACU) auction, applicable to each Primary Deal...
RANCHI, India, Jan. 7 -- Jharkhand High Court issued the following order on Dec. 8: No one turns up on behalf of the petitioners in-spite of repeated calls. Learned Addl. P.P. submits that the petitioners are not diligent in prosecuting this criminal miscellaneous petition as there is no merit in this criminal miscellaneous petition. Accordingly, this criminal miscellaneous petition is dismissed for non-prosecution. Disclaimer: Curated by HT Syndication....
RANCHI, India, Jan. 7 -- Jharkhand High Court issued the following order on Dec. 8: Heard parties. Learned counsel for the petitioner submits that the petitioner seeks permission of this Court to withdraw this Cr.M.P. with liberty to file an appeal before the appropriate court against the order taking cognizance. Permission is accorded. This Cr.M.P. is dismissed as withdrawn with the aforesaid liberty to the petitioner. Disclaimer: Curated by HT Syndication....