MUMBAI, India, Sept. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated September 23, 2025, imposed a monetary penalty of ₹10 lakh (Rupees Ten Lakh only) on Gayatri Co-operative Urban Bank Ltd., Jagtial, Telangana (the bank) for non-compliance with certain directions issued by RBI on 'Marketing / Distribution of Mutual Fund / Insurance Products by Urban Cooperative Banks'. This penalty has been imposed in exercise of powe...
MUMBAI, India, Sept. 25 -- 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 auctions to be held on September 26, 2025 (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...
MUMBAI, India, Sept. 25 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has today issued Reserve Bank of India (Authentication Mechanisms for Digital Payment Transactions) Directions, 2025. RBI had issued draft directions on Alternative Authentication Mechanisms for Digital Payment Transactions on July 31, 2024 and draft directions on introduction of Additional Factor of Authentication (AFA) in cross-border Card Not Present (CNP) transactions on Feb...
MUMBAI, India, Sept. 25 -- 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) 69,060 Amount allotted (in ₹ crore) 69,060 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: 2025-2026/1164 Disclaimer: Curated by HT Syndication....
MUMBAI, India, Sept. 25 -- 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) 6,64,689.51 5.47 4.75-6.50 I. Call Money 16,046.55 5.52 4.75-5.60 II. Triparty Repo 4,40,642.70 5.45 5.16-5.70 III. Market Repo 2,03,860.71 5.49 5.00-5.80 IV. Repo in Corporate Bond 4,139.55 5.71 5.64-6.50 B. Term Segment I. Notice Money** 147.50 5.3...
JABALPUR, India, Sept. 24 -- Madhya Pradesh High Court issued the following judgment/order on Aug. 25: 1. Petitioner impugns the Condition No.4(b) of NIT dated 02.08.2025 issued by the respondent No.1, whereby offers were invited for dismantling and Sale of balance Retired Units No.6, 7, 8 and 9 of Satpura Thermal Power Station, Sarai (Part-II). 2. Petitioner impugns a solitary condition in the eligibility criteria which is extracted as under : (b) Experience Criteria: - Should have successf...
JABALPUR, India, Sept. 24 -- Madhya Pradesh High Court issued the following judgment/order on Aug. 25: 1. Petitioners impugn the Condition No.4(b), (c) and (d) of NIT dated 02.08.2025 issued by the respondent No.1, whereby offers were invited for dismantling and Sale of balance Retired Units No.6, 7, 8 and 9 of Satpura Thermal Power Station, Sarai (Part-II). 2. Petitioners impugn conditions in the eligibility criteria which are quoted as under : (b) Experience Criteria: - Should have succes...
JABALPUR, India, Sept. 24 -- Madhya Pradesh High Court issued the following judgment/order on Aug. 25: 1. The petitioner impugns clause 2.9(A) and 2.9 (B) of the advertisement for recruitment of Prathmik Shikshak Ke Liye Sanyukta Patrata Pariksha, 2024 on the ground that rounding off is not provided. 2. Advertisement was issued by the M.P. Employees Selection Board, Bhopal for recruitment to the post of Primary School Teacher Eligibility Test, 2024. Note below clause 2.9(B) of the advertiseme...
JABALPUR, India, Sept. 24 -- Madhya Pradesh High Court issued the following judgment/order on Aug. 25: 1. In both these writ petitions, common questions of fact and law are involved, therefore, they are heard together and are being decided by this common order. 2. In this petitions, petitioners have mainly assailed the maximum age limit prescribed by Employees Selection Board, Madhya Pradesh in the advertisement of Primary Teacher Selection Examination - 2025, whereby clause 6.2 prescribes th...
JABALPUR, India, Sept. 24 -- Madhya Pradesh High Court issued the following judgment/order on Aug. 25: 1. In both these writ petitions, common questions of fact and law are involved, therefore, they are heard together and are being decided by this common order. 2. In this petitions, petitioners have mainly assailed the maximum age limit prescribed by Employees Selection Board, Madhya Pradesh in the advertisement of Primary Teacher Selection Examination - 2025, whereby clause 6.2 prescribes th...