MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has, by an order dated February 09, 2026, imposed a monetary penalty of ₹3 lakh (Rupees Three Lakh only) on the Ganganagar Kendriya Sahkari Bank Limited, Rajasthan (the bank) for non-compliance with certain directions issued by RBI on 'Know Your Customer (KYC)'. This penalty has been imposed in exercise of powers conferred on RBI under the provisions of Section 47A(1)(c) rea...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: The Reserve Bank of India (RBI) has been publishing a composite Reserve Bank of India - Digital Payments Index (RBI-DPI) since January 1, 2021 with March 2018 as base to capture the extent of digitisation of payments across the country. The index for September 2025 stands at 516.76 as against 493.22 for March 2025 which was announced on July 28, 2025. The increase in RBI-DPI index was driven by significant grow...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: Government of India has announced the sale (issue/re-issue) of Government Securities, as detailed below, through auction to be held on February 13, 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 Prim...
MUMBAI, India, Feb. 12 -- Reserve Bank of India issued the following press release: Reserve Bank had announced, as part of the Statement on Developmental and Regulatory Policies dated February 06, 2026 that revised guidelines on KCC are proposed to be issued consolidating those on agriculture and allied activities, with a view to expand coverage, streamline operational aspects and address emerging requirements. Accordingly, the following draft Directions are being issued for public comments. *...
MUMBAI, India, Feb. 12 -- 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) 6,71,890.43 4.68 3.80-5.85 I. Call Money 13,945.12 5.03 4.40-5.10 II. Triparty Repo 4,85,867.80 4.66 4.45-5.00 III. Market Repo 1,65,788.61 4.67 3.80-5.10 IV. Repo in Corporate Bond 6,288.90 4.81 4.65-5.85 B. Term Segment I. Notice Money** 633.60 5.05...
RANCHI, India, Feb. 11 -- Jharkhand High Court issued the following order on Jan. 12: 1. Heard, learned Senior counsel for the petitioner and learned counsel for the respondents. 2. Petitioner by filing this writ petition has prayed for quashing the order of dismissal dated 17.04.2006, by which the petitioner has been dismissed after departmental proceeding, on the ground that the charge against the petitioner stands proved. The petitioner also claims the other consequential benefits. 3. Pet...
RANCHI, India, Feb. 11 -- Jharkhand High Court issued the following order on Jan. 12: 1. It has been submitted by the learned counsel for the petitioner that the present writ petition has become infructuous and he has instruction from the client not to pursue the present writ petition. 2. Learned counsel for the State has raised no objection. 3. Accordingly the present writ petition is, hereby, dismissed as infructuous. 4. Pending interlocutory application, if any, stands disposed of. Di...
RANCHI, India, Feb. 11 -- Jharkhand High Court issued the following order on Jan. 12: 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 Ca...
RANCHI, India, Feb. 11 -- Jharkhand High Court issued the following order on Jan. 12: 1. Heard the parties. 2. In this writ petition, the petitioner has prayed for following reliefs:- " 1. For issuance of an appropriate writ(s), order(s), direction(s) commanding upon the concerned respondents to pay the arrears of salary of difference salary from 13.04.2015 to 31.12.2023 of Rs.29,40,152/- which has been duly calculated by the respondent authorities, but the same has not been paid to the pet...
RANCHI, India, Feb. 11 -- Jharkhand High Court issued the following order on Jan. 12: 1. Heard the parties. 2. The petitioner by filling this writ application, prays for compassionate appointment in place of his mother Late Mungri Munda. 3. Late Mungri Munda was Peon in the Faculty of Birsa Agriculture University, Ranchi and she died on 14.04.2010. After the death, her elder son, namely, Vijay Munda was appointed on 11.04.2015. He also died on 23.07.2020. The petitioner prays that now the p...