NAINITAL, India, April 30 -- Uttarakhand High Court issued the following judgment on April 15: IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL HON'BLE THE CHIEF JUSTICE SRI MANOJ KUMAR GUPTA AND HON'BLE SRI JUSTICE SUBHASH UPADHYAY 15TH APRIL, 2026 WRIT PETITION (M/B) No. 244 OF 2026 M/s Swastik Enterprises Petitioner. Versus Uttarakhand Power Corporation Limited and others. Respondents Counsel for the petitioner : Sri Bhuwan Bhatt and Sri Prince Chauhan, learned counsel. Counsel for the res...
NAINITAL, India, April 30 -- Uttarakhand High Court issued the following judgment on April 15: IN THE HIGH COURT OF UTTARAKHAND AT NAINITAL THE HON'BLE CHIEF JUSTICE MR. MANOJ KUMAR GUPTA AND THE HON'BLE JUSTICE MR. SUBHASH UPADHYAY Writ Petition (M/B) No.214 of 2026 April 15, 2026 Rajesh Mehta Petitioner Versus State of Uttarakhand & Ors. Respondents Presence:- Mr. Atul Kumar Bansal, learned counsel for the petitioner Mr. B.S. Parihar, learned Additional C.S.C. with Mr. Mohinder Singh Bis...
MUMBAI, India, April 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 April 2026 are set out in Tables 1 to 9. Highlights: Lending Rates: * The weighted average lending rate (WALR) on fresh rupee loans of SCBs stood at 8.40 per cent in March 2026 (8.44 per cent in February 2026). * The WALR on outstanding rupee loans ...
MUMBAI, India, April 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 ₹18,600 Crore (Face Value). Sr. No. State Amount to be raised (₹ Crore) Tenor (Year) Type of Auction 1. Andhra Pradesh 2200 Re-issue of 7.96% Andhra Pradesh SGS 2038 issued on April 08, 2026 Price 2200 Re-issue of 8.07% Andhra Pradesh SGS 2051 issued on April 08, 2026 Price 2. Maharashtra 800 ...
MUMBAI, India, April 30 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has sanctioned the Scheme of Amalgamation of The Bhavani Sahakari Bank Ltd., Mumbai (Maharashtra) with TJSB Sahakari Bank Ltd. (Maharashtra). The Scheme has been sanctioned in exercise of the powers conferred under sub-section (4) of Section 44A read with Section 56 of the Banking Regulation Act, 1949. The Scheme will come into force with effect from May 04, 2026 (Monday). The branches...
MUMBAI, India, April 30 -- Reserve Bank of India issued the following press release: In terms of GOI notification F.No.4(8)-W&M/2018 dated April 13, 2018 (SGB 2018-19 Series-I-Issue date May 04, 2018) on Sovereign Gold Bond Scheme, the Gold Bond shall be repayable on the expiration of eight years from the date of issue of the Gold Bonds. Accordingly, the final redemption date of the above tranche shall be May 04, 2026. 2. Further, the redemption price of SGB shall be based on simple average of...
MUMBAI, India, April 30 -- Reserve Bank of India issued the following press release: It may be recalled that inFebruary 2004, the Reserve Bank initiated the practice of compiling half-yearly reports on the management of foreign exchange reserves and making them public to promote greater transparency and enhance disclosure in the management of the country's foreign exchange reserves. In this connection, Reserve Bank of India has today released the46th Half-Yearly Report on Management of Foreign...
MUMBAI, India, April 30 -- Reserve Bank of India issued the following press release: The values of exports and imports of services during March 2026 are presented in the following table. International Trade in Services (US$ million) Month Receipts (Exports) Payments (Imports) January - 2026 38,165 (9.8) 16,631 (-0.5) February - 2026 34,708 (9.7) 16,865 (16.2) March - 2026 38,208 (7.2) 17,210 (-1.6) Note: (i) Data for January-March are provisional; and (ii) Figures in parentheses are gro...
MUMBAI, India, April 30 -- Reserve Bank of India issued the following press release: Data on sectoral deployment of bank credit for the month of March 2026, collected from 41 select scheduled commercial banks (SCBs) which together account for about 95 per cent of the total non-food credit by all SCBs1, are set out in Statements I and II. On a year-on-year (y-o-y) basis, non-food bank credit2 grew by 15.9 per cent as on the fortnight ended March 31, 2026, compared to 10.9 per cent during the co...
MUMBAI, India, April 30 -- Reserve Bank of India issued the following press release: Tenor 4-day Notified Amount (in ₹ crore) 1,00,000 Total amount of bids received (in ₹ crore) 25,715 Amount allotted (in ₹ crore) 25,715 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: 2026-2027/179 Disclaimer: Curated by HT Syndication....