RBI IMPOSES MONETARY PENALTY ON THE MUMBAI DISTRICT CENTRAL CO-OPERATIVE BANK LTD., MAHARASHTRA

MUMBAI, India, Nov. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated November 06, 2025, imposed a monetary penalty of ₹2 lakh (Rupees Two Lakh only) on The Mumbai District Central Co-operative Bank Ltd., Maharashtra (the bank), for contravention of provisions of Section 20 of the Banking Regulation Act, 1949 (BR Act). This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47...


OVERSEAS DIRECT INVESTMENT FOR OCTOBER 2025

MUMBAI, India, Nov. 10 -- Reserve Bank of India issued the following press release: The Reserve Bank of India has today released the data on Overseas Direct Investment, both under Automatic Route and the Approval Route, for the month of October 2025. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/1477 Disclaimer: Curated by HT Syndication....


MONEY MARKET OPERATIONS AS ON NOVEMBER 09, 2025

MUMBAI, India, Nov. 10 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo ...


MONEY MARKET OPERATIONS AS ON NOVEMBER 08, 2025

MUMBAI, India, Nov. 10 -- 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) 0.00 - - I. Call Money 0.00 - - II. Triparty Repo 0.00 - - III. Market Repo 0.00 - - IV. Repo in Corporate Bond 0.00 - - B. Term Segment I. Notice Money** 0.00 - - II. Term Money@@ 0.00 - - III. Triparty Repo 0.00 - - IV. Market Repo 0.00 - - V. Repo ...


MONEY MARKET OPERATIONS AS ON NOVEMBER 07, 2025

MUMBAI, India, Nov. 10 -- 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) 6,18,944.58 5.20 4.00-6.30 I. Call Money 18,977.39 5.39 4.85-5.45 II. Triparty Repo 3,93,272.75 5.16 5.01-5.30 III. Market Repo 2,02,419.44 5.25 4.00-5.65 IV. Repo in Corporate Bond 4,275.00 5.38 5.33-6.30 B. Term Segment I. Notice Money** 97.00 5.24 ...


JHARKHAND HIGH COURT ISSUES ORDER ON THE BRANCH MANAGER OF THE NEW INDIA ASSURANCE COMPANY V/S BABITA DEVI AND ORS.

RANCHI, India, Nov. 8 -- Jharkhand High Court issued the following order on Oct. 8: 1. Insurance Company is in appeal against the award of compensation passed under Section 166 of the M.V. Act, 1988 in Compensation Case No.16/2011 whereby and whereunder a compensation of Rs.14,24,053/- has been awarded in favour of the claimants for the death of Dablu Kumar Ray, who died in a motor vehicle accident involving a truck bearing registration no.JH-11D-5532 which was under the insurance cover of appe...


JHARKHAND HIGH COURT ISSUES ORDER ON NATIONAL INSURANCE V/S SABANA PRAVIN AND ORS.

RANCHI, India, Nov. 8 -- Jharkhand High Court issued the following order on Oct. 8: I.A. No. 4476 of 2020 in M.A. No. 226 of 2020 1. Heard learned counsel for the appellants in this interlocutory application which has been filed under Section 5 of the Limitation Act for condonation of delay of 1530 days in filing the instant misc. appeal. 2. It is submitted by learned counsel for the appellants that the delay was not intentional and due to financial condition of the appellants, they could no...


JHARKHAND HIGH COURT ISSUES ORDER ON PARWATI DEVI AND ORS. V/S NIRMALA DEVI AND ANR.

RANCHI, India, Nov. 8 -- Jharkhand High Court issued the following order on Oct. 8: 1. Both these appeals arise out of the common judgment and award of compensation under Section 166 of the Motor Vehicle Act, 1988 in M.A.C No. 16 of 2013, whereby and whereunder liability to pay compensation of Rs.7,07,500/- has been fixed on the Insurance-Company. 2. Miscellaneous Appeal No. 691 of 2018 has been preferred by the InsuranceCompany, whereas M.A. No. 660 of 2018 has been preferred by the claimant...


JHARKHAND HIGH COURT ISSUES ORDER ON UNITED INDIA INSURANCE V/S PARWATI DEVI AND ORS.

RANCHI, India, Nov. 8 -- Jharkhand High Court issued the following order on Oct. 8: 1. Both these appeals arise out of the common judgment and award of compensation under Section 166 of the Motor Vehicle Act, 1988 in M.A.C No. 16 of 2013, whereby and whereunder liability to pay compensation of Rs.7,07,500/- has been fixed on the Insurance-Company. 2. Miscellaneous Appeal No. 691 of 2018 has been preferred by the InsuranceCompany, whereas M.A. No. 660 of 2018 has been preferred by the claimant...


JHARKHAND HIGH COURT ISSUES ORDER ON CHAITA ORAON V/S THE CMD AND ORS.

RANCHI, India, Nov. 8 -- Jharkhand High Court issued the following order on Oct. 8: 1. Having heard the learned counsel for the parties and for the reasons stated in the application duly supported by the affidavit of the applicant-appellant, we find sufficient cause to condone the delay of 192 days that has crept up in filing of the appeal. 2. Ordered accordingly. 3. I.A. No.2221 of 2025 is disposed of. L.P.A. No.176 of 2025: 4. The present appeal has been preferred against the order date...