MUMBAI, India, March 11 -- Reserve Bank of India issued the following press release: It is hereby notified for information of the public that in exercise of powers vested in it under sub section (1) of Section 35 A read with Section 56 of the Banking Regulation Act, 1949, the Reserve Bank of India (RBI) vide Directive Ref. No. LKO.DOS.SED.No.S796/10-12-294/2025-2026 dated March 11, 2026, has issued certain Directions to The U.P. Civil Secretariat Primary Cooperative Bank Limited, Lucknow, ("the...
MUMBAI, India, March 11 -- Reserve Bank of India issued the following press release: The Reserve Bank has today released data on Reserve Money and Money Supply for the fortnight ended February 28, 2026. Ajit Prasad Deputy General Manager (Communications) Press Release: 2025-2026/2250 Disclaimer: Curated by HT Syndication....
MUMBAI, India, March 11 -- Reserve Bank of India issued the following press release: The Reserve Bank of India, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has cancelled the Certificate of Registration of the following companies. Sr. No. Name of the Company Registered Office Address CoR No. CoR Issued on Cancellation Order Date 1 Excellence Broking & Finance (P) Ltd. 39 Shakespeare Sarani, 3rd Floor, Kolkata, Kolkata, West Bengal, India...
MUMBAI, India, March 11 -- Reserve Bank of India issued the following press release: The following Nine Non-Banking Financial Companies (NBFC) have surrendered the Certificate of Registration (CoR) granted to them by the Reserve Bank of India (RBI). The RBI, in exercise of powers conferred on it under Section 45-IA (6) of the Reserve Bank of India Act, 1934, has therefore cancelled their CoR. i) Cancellation of CoR due to exit from Non-Banking Financial Institution (NBFI) business Sr. No. Nam...
MUMBAI, India, March 11 -- 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) 7,03,333.84 4.82 1.00-6.10 I. Call Money 15,009.45 5.07 4.50-5.20 II. Triparty Repo 4,88,828.15 4.80 4.06-5.00 III. Market Repo 1,94,428.04 4.84 1.00-5.50 IV. Repo in Corporate Bond 5,068.20 5.05 5.02-6.10 B. Term Segment I. Notice Money** 387.10 5.0...
RANCHI, India, March 10 -- Jharkhand High Court issued the following order on Feb. 9: 1. Learned counsel for the petitioner seeks permission to withdraw this writ petition. 2. Prayer is allowed. 3. Accordingly, this writ petition is dismissed as withdrawn. Disclaimer: Curated by HT Syndication....
RANCHI, India, March 10 -- Jharkhand High Court issued the following order on Feb. 9: 1. Heard the parties. 2. The prayer of petitioners is to count their past services under the respondents. 3. It is the case of the petitioners that the petitioners were regularized only on 2023, however, they were working since November, 2008 but their past services have not been calculated for the purpose of considering their pensionary benefits. 4. The petitioners have worked for more than 14 year and ...
RANCHI, India, March 10 -- Jharkhand High Court issued the following order on Feb. 9: 1. Heard, learned counsel for the parties. 2. The petitioner claims that he is entitled for over time allowance from January, 2005 to December, 2008 which has not been paid to him. 3. From the order at Annexure-01 of this writ petition as contained in Memo No. 1653 dated 04.08.2023, I find that the Managing Director, Jharkhand Bijli Vitran Nigam Limited has also directed to consider the case of the petitio...
RANCHI, India, March 10 -- Jharkhand High Court issued the following order on Feb. 9: 1. Learned counsel representing the petitioner seeks permission to withdraw this writ petition to file a departmental appeal. 2. Considering his submission, this writ application is dismissed as withdrawn with a liberty to the petitioner to file a departmental appeal which would be considered on merits. Disclaimer: Curated by HT Syndication....
RANCHI, India, March 10 -- Jharkhand High Court issued the following order on Feb. 9: 1. Heard, learned counsel for the parties. 2. The petitioner is not the employee of State. Though the petitioner's place of working is at Sadar Hospital but yet the employer of the petitioner is one M/s Shiv Lal, N.G.O., Sadar Hospital who is a manpower supply agency. 3. The petitioner in this writ petition has prayed to set aside the order of termination and take back the petitioner in service. 4. Admit...