RBI IMPOSES MONETARY PENALTY ON IIFL FINANCE LIMITED

MUMBAI, India, Feb. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 06, 2026, imposed a monetary penalty of ₹5.30 lakh (Rupees Five Lakh Thirty Thousand only) on IIFL Finance Limited (the company) for non-compliance with certain directions issued by RBI on 'Asset Classification'. This penalty has been imposed in exercise of powers conferred on RBI under section 58G(1)(b) read with section 58B(5)(aa) of the Res...


RBI IMPOSES MONETARY PENALTY ON NAVI FINSERV LIMITED

MUMBAI, India, Feb. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 10, 2026, imposed a monetary penalty of ₹3.80 lakh (Rupees Three Lakh Eighty Thousand only) on Navi Finserv Limited (the company) for non-compliance with certain provisions of the directions issued by RBI on 'Recovery Agents'. This penalty has been imposed in exercise of powers conferred on RBI under section 58G(1)(b) read with section 58B(5)(...


RBI IMPOSES MONETARY PENALTY ON BANK OF MAHARASHTRA

MUMBAI, India, Feb. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 06, 2026, imposed a monetary penalty of ₹32.50 lakh (Rupees Thirty Two Lakh Fifty Thousand only) on Bank of Maharashtra (the bank) for non-compliance with certain provisions of directions issued by RBI on 'Credit information reporting in respect of Self Help Group members' and 'Know Your Customer'. This penalty has been imposed in exercise of ...


RBI IMPOSES MONETARY PENALTY ON DCB BANK LIMITED

MUMBAI, India, Feb. 13 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 06, 2026, imposed a monetary penalty of ₹29.60 lakh (Rupees Twenty Nine Lakh Sixty Thousand only) on DCB Bank Limited (the bank) for non-compliance with certain directions issued by RBI on loans extended against pledge of gold ornaments and jewellery for non-agricultural end uses. This penalty has been imposed in exercise of powers conferred o...


AUCTION OF 91-DAY, 182-DAY AND 364-DAY TREASURY BILLS

MUMBAI, India, Feb. 13 -- 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 14,000 February 18, 2026 (Wednesday) February 20, 2026 (Friday) 2 182-Day 12,000 3 364-Day 8,000 Total 34,000 The sale will be subject to the terms and conditions specified in the General Notification ...


TRIPURA HIGH COURT ISSUES JUDGEMENT ON SRI SUJIT SARKAR V/S SRI RAJKUMAR SARKAR

AGARTALA, India, Feb. 12 -- Tripura High Court issued the following order/judgement on Jan. 12: [1] Heard learned counsel of both sides. [2] Learned Additional Public Prosecutor, Mr. Rajib Saha, has produced the Case Diary. [3] An FIR was lodged by the Assistant Sub Inspector of Police namely, E. Subrata Singha on 21.02.2025 that on receipt of secret information of bringing of certain contraband items by some unknown persons in Agartala-Dharmanagar Local train and after complying the provis...


TRIPURA HIGH COURT ISSUES JUDGEMENT ON MANJU SARMA BHATTACHARJEE V/S THE STATE OF TRIPURA AND ORS.

AGARTALA, India, Feb. 12 -- Tripura High Court issued the following order/judgement on Jan. 12: [1]Heard Mr. Purusuttam Roy Barman, learned senior counsel appearing for the petitioner, Mr. Mangal Debbarma, learned Addl. G.A. appearing for the State-respondents and Mr. Bidyut Majumder, learned Deputy S.G.I. appearing for the respondent-Union of India. [2] The petitioner was engaged as Anganwadi Worker vide Memorandum dated 10.01.1985 (Annexure-1 to the writ petition). Thereafter, vide notifica...


ORISSA HIGH COURT ISSUES ORDER ON KUSHA V/S STATE OF ODISHA

CUTTACK, India, Feb. 12 -- Orissa High Court issued the following order on Jan. 12: 1. This is a bail application U/S.483 of BNSS by the petitioner for grant of bail in connection with Special Crime Unit PS Case No.05 of 2025 corresponding to CT Case No.810 of 2025 pending in the file of learned JMFC-III, Bhubaneswar for commission of offences punishable U/Ss.420/ 465/ 468/ 471/ 474/ 34 of IPC. 2. The facts relevant for disposal of this bail application are that the informant is the Managing D...


ORISSA HIGH COURT ISSUES ORDER ON KAMAL MALLICK V/S STATE OF ODISHA & ANOTHER

CUTTACK, India, Feb. 12 -- Orissa High Court issued the following order on Jan. 12: 1. Since these two CRLAs arise out of one and same case record, the same are heard together and disposed of by this common order with the consent of the learned counsel for the parties. 2. These are the criminal appeals in nature of Section 14-A of the Scheduled Caste & Scheduled Tribe (Prevention of Atrocities) Act, 1989 together with amendment Act, 2016 (in short, "the Act") are directed against the order da...


ORISSA HIGH COURT ISSUES ORDER ON KAMAL MALLICK V/S STATE OF ODISHA & ANOTHER

CUTTACK, India, Feb. 12 -- Orissa High Court issued the following order on Jan. 12: 1. Since these two CRLAs arise out of one and same case record, the same are heard together and disposed of by this common order with the consent of the learned counsel for the parties. 2. These are the criminal appeals in nature of Section 14-A of the Scheduled Caste & Scheduled Tribe (Prevention of Atrocities) Act, 1989 together with amendment Act, 2016 (in short, "the Act") are directed against the order da...